Brazil’s Rising Energy Profile: Comparing Oil and Gas Reserves Globally

In 2023, Brazil advanced its energy self-sufficiency, increasing oil reserves by 2.3% to 27.5 billion barrels, according to ANP data. This aligns with global trends towards enhanced energy security. Natural gas reserves also grew by 19.9%, reaching 704.7 billion cubic meters. Furthermore, proven oil reserves rose by 7% to 15.9 billion barrels, demonstrating Brazil’s commitment […]