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Climate in figures
Published on: 02. October 2025
Fossil energies: Oil and gas companies invest billions in Latin America

In the past three years, corporations have invested more than 28 billion US dollars in the exploration of new oil and gas reserves in Latin America and the Caribbean. Brazil's state-owned Petrobras is one of the leading investors – despite promises of climate-friendly restructuring. Two interactive tools show the details.
Last updated: 02. October 2025