Petrobras (PBR) announced hat, in 2025, its oil production reached 2.40M barrels of oil per day, exceeding the upper limit of the target of +4% set in its 2025-2029 Business Plan by 0.5 percentage points. This result represents an 11% increase compared to 2024 production. Total oil and natural gas production surpassed the upper limit of the target by 2.8 percentage points, reaching 2.99M barrels of oil equivalent per day, representing an 11% increase compared to 2024 production. Commercial oil and natural gas production reached 2.62M boed, exceeding the upper limit of the projected target by 0.9 percentage points. In addition to surpassing the established guidances, the oil production, commercial production, and total production figures broke historical annual records registered over more than 70 years of operations. The company also set new annual records in the pre-salt, with own total production of 2.45M boed and operated production of 3.70M boed. Production volume in the pre-salt accounts for 82% of Petrobras’ total production.
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