Tag: Petrobras production

• Wednesday, October 29th 2025 - 11:29 UTC

  Petrobras' output reaches 3.14 million barrels a day in 3Q of 2025

  

  Brazil’s state-run oil company Petrobras achieved an average production of oil, natural gas liquids, and natural gas of 3.14 million barrels of oil equivalent per day in the third quarter of 2025, or 7.6% more than in the second quarter of this year and 16.9% higher than in the third quarter of 2024.

• Wednesday, April 17th 2024 - 10:18 UTC

  Brazil: Búzios deepwater field produces 1 billion barrels of oil in March

  

  The Búzios Field in the Santos Basin, the largest ultra-deepwater facility of that kind worldwide, produced 1 billion barrels of oil in March, the state-owned company Petrobras announced this week, Agencia Brasil reported. Petrobras operates the field in a consortium with Pré-Sal Petróleo (PPSA) and the Chinese companies CNOOC and CNODC.

• Thursday, August 3rd 2023 - 07:05 UTC

  Petrobras processing more oil in domestic refineries, as export volumes drop 22%

  

  Brazil's giant oil and gas corporation Petrobras this week presented its second-quarter report, which showed a drop in oil exports in a scenario of increased processing at domestic refineries.

• Monday, May 6th 2019 - 09:30 UTC

  Petrobras oil production fell 3.5% during the first quarter compared to a year ago

  

  Petrobras oil production fell 3.5% in the first quarter from the same period a year before, according to Brazil’s oil regulator ANP, which attributed the fall to a number of scheduled and unscheduled stoppages.

• Tuesday, June 14th 2016 - 08:22 UTC

  Petrobras pre-salt fields production climb to a new high in May: 1.1MMboe/d

  

  Petrobras’s oil production in Brazil averaged 2.16 MMboe/d in May, its fifth highest monthly figure to date. The growth was due mainly due increases from the company’s pre-salt fields, with new wells connected to the FSPO Cidade de Maricá serving the Lula field in the Santos basin.

• Tuesday, June 30th 2015 - 06:14 UTC

  Petrobras drastically cuts investment by 37% in next five years

  

  State-controlled oil giant Petrobras, which is mired in a corruption scandal that has rocked Brazil, said Monday it was cutting investment by 37% during the 2015-2019 period. Investment during the period will now total $130.3 billion, down from the $220.6 billion originally planned, Petrobras said in a filing with the Sao Paulo Stock Exchange.

• Friday, May 15th 2015 - 07:32 UTC

  Petrobras production from pre-salt fields reaches milestone 800.000 bpd

  

  Brazil’s Petrobras said that oil production in Santos and Campos basin pre-salt fields reached a milestone production volume of 800Mbbl/d. The volume was recorded on April 11, with 74% (590Mbbl/d) Petrobras’ share with the remainder belonging to partner companies working in different pre-salt areas.