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Colombia Reverses Fracking Ban, Targets $4B in New Oil Investment
OilPrice.com·CO·3 days ago
Shell Brasil reports production above 500,000 boe/d as of March 2026, up from prior levels, and invested R$12.5 billion in Brazil last year. The company leads the Valor 1000 ranking with R$54.29 billion net revenue in 2025, reflecting 15.8% average annual growth. This signals continued expansion in Brazil's offshore oil and gas sector, with the Orca project investment decision advancing.