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Urca Oil and Gas Production Field Development - Brazil

A worker operates an oil well at the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil, on Oct. 16, 2025. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

A worker checks the growth of seedlings at the ecological nursery of the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil, on Oct. 17, 2025. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

This photo taken on Oct. 17, 2025 shows pipelines stretching through the tropical rainforest at the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

This photo taken on Oct. 16, 2025 shows liquefied petroleum gas storage tanks standing in the production area of the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

This photo taken on Oct. 16, 2025 shows the production facilities of the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

This photo taken on Oct. 17, 2025 shows artificially cultivated tropical rainforest plants in an ecological nursery at the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

This photo taken on Oct. 16, 2025 shows a worker riding past liquefied petroleum gas storage tanks at the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

This photo taken on Oct. 16, 2025 shows the production facilities of the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

A worker examines seeds used for cultivating tropical rainforest vegetation at the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil, Oct. 17, 2025. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

A worker conducts a routine inspection at the Urucu Oil and Gas Production Field in the state of Amazonas, Brazil, on Oct. 16, 2025. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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Urca Oil and Gas Production Field Development - Brazil

This photo taken on Oct. 17, 2025 shows tropical rainforest vegetation near the Urucu Oil and Gas Production Field, in the state of Amazonas, Brazil. The Urucu Oil and Gas Production Field, located in the heart of Brazil's Amazonas state, is one of the country's most important onshore oil and gas production bases. Surrounded by pristine rainforest, it has operated steadily since its start-up in 1988, supplying oil and natural gas that support energy needs across northern Brazil. According to its operator Petrobras, the field has preserved about 98 percent of its area as native forest, carries out rainwater recycling, waste recovery, and reforestation programs and plants more than 1.5 million native trees. Photo by Wang Tiancong/Xinhua/ABACAPRESS.COM

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BRAZIL-RIO DE JANEIRO-ECONOMY-GDP-2023

(240302) -- RIO DE JANEIRO, March 2, 2024 (Xinhua) -- Pedestrians walk past the headquarters of oil company Petrobras in Rio de Janeiro, Brazil, on March 1, 2024. Brazil's gross domestic product (GDP) grew by 2.9 percent in 2023, according to data released by Brazilian Institute of Geography and Statistics (IBGE) on Friday morning. (Xinhua/Wang Tiancong)

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Global Agribusiness Forum 2022 held in Brazil

STORY: Global Agribusiness Forum 2022 held in Brazil DATELINE: July 26, 2022 LENGTH: 00:01:22 LOCATION: SAO PAULO, Brazil CATEGORY: ECONOMY SHOTLIST: 1. various of the forum 2. various of Brazilian President Jair Bolsonaro STORYLINE: Brazilian President Jair Bolsonaro on Monday attended the opening ceremony of the Global Agribusiness Forum 2022 in the city of Sao Paulo. In remarks addressed to the agro-business community, Bolsonaro pointed out the importance of food production in Brazil. He also mentioned the country's efforts to reduce fuel prices. SOUNDBITE (Portuguese): JAIR BOLSONARO, Brazilian President "Fuels are going down in price. We renounce taxes, it is a moment of crisis. Petrobras has announced last week a reduction of 20 cents in a liter of fuel. In other words, we are trying to do things in the best possible way, with much help from the parliament, putting a ceiling on the merchandise and transport services tax." Brazil, Latin America's largest economy, is the world's leading soybean prod

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BRAZIL-NATURAL GAS PRICE-RISE

(220501) -- CAXIAS DO SUL, May 1, 2022 (Xinhua) -- A worker is seen at a gas distribution center in Caxias do Sul, Brazil's state of Rio Grande do Sul, on May 1, 2022. Petrobras announced on April 29 that the price of natural gas sold to dealers will increase by 19 percent from May 1 in view of changes in Brent crude oil prices and exchange rates. (Xinhua/Wang Tiancong)

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BRAZIL-NATURAL GAS PRICE-RISE

(220501) -- CAXIAS DO SUL, May 1, 2022 (Xinhua) -- A worker is seen at a gas distribution center in Caxias do Sul, Brazil's state of Rio Grande do Sul, on May 1, 2022. Petrobras announced on April 29 that the price of natural gas sold to dealers will increase by 19 percent from May 1 in view of changes in Brent crude oil prices and exchange rates. (Xinhua/Wang Tiancong)

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BRAZIL-NATURAL GAS PRICE-RISE

(220501) -- CAXIAS DO SUL, May 1, 2022 (Xinhua) -- A worker is seen at a gas distribution center in Caxias do Sul, Brazil's state of Rio Grande do Sul, on May 1, 2022. Petrobras announced on April 29 that the price of natural gas sold to dealers will increase by 19 percent from May 1 in view of changes in Brent crude oil prices and exchange rates. (Xinhua/Wang Tiancong)

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BRAZIL-NATURAL GAS PRICE-RISE

(220501) -- CAXIAS DO SUL, May 1, 2022 (Xinhua) -- A worker is seen at a gas distribution center in Caxias do Sul, Brazil's state of Rio Grande do Sul, on May 1, 2022. Petrobras announced on April 29 that the price of natural gas sold to dealers will increase by 19 percent from May 1 in view of changes in Brent crude oil prices and exchange rates. (Xinhua/Wang Tiancong)

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BRAZIL-NATURAL GAS PRICE-RISE

(220501) -- CAXIAS DO SUL, May 1, 2022 (Xinhua) -- A worker is seen at a gas distribution center in Caxias do Sul, Brazil's state of Rio Grande do Sul, on May 1, 2022. Petrobras announced on April 29 that the price of natural gas sold to dealers will increase by 19 percent from May 1 in view of changes in Brent crude oil prices and exchange rates. (Xinhua/Wang Tiancong)

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Brazil's state-run oil company raises fuel prices

STORY: Brazil's state-run oil company raises fuel prices DATELINE: March 11, 2022 LENGTH: 00:02:20 LOCATION: RIO DE JANEIRO, Brazil CATEGORY: ECONOMY SHOTLIST: 1. various of gas stations in Brazil STORYLINE: Brazil's state-run oil company Petrobras announced Thursday that it will raise fuel prices starting Friday. The gasoline prices will rise 18.8 percent to 3.86 reais (0.7653 U.S. dollars) per liter, while diesel prices will hike 24.9 percent to 4.51 reais per liter. In a securities filing, the company said after oil prices were seen at consistently high levels, it became necessary for Petrobras to adjust prices, adding other fuel suppliers in the South American country had also raised their prices. The move is the first fuel price adjustment by the Brazilian oil giant in almost two months. Recently, oil prices have hit multi-year highs as the Russia-Ukraine conflict continues. Brazil registered inflation rate of 0.86 percent in February, the highest rate for the month since 2016, driven by an incre

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BRAZIL-RIO DE JANEIRO-ECONOMY-GDP

(220304) -- RIO DE JANEIRO, March 4, 2022 (Xinhua) -- Photo taken on March 4, 2022 shows the headquarters of oil company Petrobras in Rio de Janeiro, Brazil. Brazil's economy grew 4.6 percent in 2021, marking the fastest rate since 2010 and a clear recovery from the sharp 3.9 percent contraction in gross domestic product (GDP) in 2020, the state-run Brazilian Institute of Geography and Statistics (IBGE) said on Friday. (Xinhua/Wang Tiancong)

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BRAZIL-RIO DE JANEIRO-ECONOMY-GDP

(220304) -- RIO DE JANEIRO, March 4, 2022 (Xinhua) -- Photo taken on March 4, 2022 shows the headquarters of oil company Petrobras in Rio de Janeiro, Brazil. Brazil's economy grew 4.6 percent in 2021, marking the fastest rate since 2010 and a clear recovery from the sharp 3.9 percent contraction in gross domestic product (GDP) in 2020, the state-run Brazilian Institute of Geography and Statistics (IBGE) said on Friday. (Xinhua/Wang Tiancong)