Petrobras expects to increase oil production by up to 10% in 2019, says director

Petrobras expects to increase oil production by up to 10% in 2019, says director

(Reuters) - Petrobras aims to raise oil production from 8 to 10 percent to about 2.3 million barrels per day (bpd) by 2019, and reduce debt by 10 billion ...

(Reuters) - Petrobras aims to raise oil production from 8 to 10 percent to about 2.3 million barrels per day (bpd) by 2019 and reduce debt by $ 10 billion, the company said. Chief Financial and Investor Relations Officer Rafael Grisolia told Reuters.The world's most indebted oil company is on track to reduce debt to $ 69 billion by the end of this year, the executive said in an interview in New York on Friday.(Reporting by Devika Krishna Kumar and Simon Webb in New York) ...


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