Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Shell’s Oil Output in Brazil Plummets 35% in December

Royal Dutch Shell Plc’s oil production in Brazil, South America’s largest economy, dropped 35 percent in December from a year earlier.

Shell’s output dropped to 48,499 barrels per day in December from 74,753 barrels a day in the same month of 2011, according to monthly data published today by Brazil’s oil regulator, known as ANP. Shell dropped to third place among crude producers in Brazil in July, after being overtaken by Statoil ASA. State-controlled Petroleo Brasileiro SA, or Petrobras, is the largest producer.

Petrobras accounts for 94 percent of Brazil’s oil and operates 18 of the country’s 20 largest oil and gas fields. The other two are Statoil’s Peregrino and Shell’s Ostra, both of which are offshore. Ostra produced 28,000 barrels of oil per day in December, compared with 48,000 barrels per day a year earlier.

Brazil is one of the regions where Shell is seeking to expand its offshore presence, together with the Persian Gulf and Southeast Asia, Chief Financial Officer Simon P. Henry said in a Jan. 31 conference call with analysts.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.