July 22, 2022 07:35 GMT
Brazil’s Petrobras produced 2.114 million barrels per day of crude in Q2, down 5.2% from the previous quarter and 5% from the same period a year ago.
- Including natural gas, the company produced 2.653 million barrels of oil equivalent per day (boepd), down 5.1% in both quarterly and annual terms.
- Petrobras maintains its 2022 production guidance of roughly 2.6 million boepd.
- Refinery utilization rates came in at 89%, up 2% in quarterly terms and 14% in annual terms.
- Petrobras refineries are nearing full capacity now running at 97%.