Petrobras 2Q26 oil and gas output hits record 3,336 mboed

Petrobras posted record 2Q26 output, with total own production at 3,336 mboed, up 14.1% year on year.

Brazil oil, NGL and gas production reached 3,308 mboed, up 14.4% year on year, while pre-salt output rose 15.8%.

Refinery utilization hit a record 101.2% in 2Q26. Total distillation throughput increased 11.1% year on year to 1,835 mbpd.

Refined products output rose 10.9% year on year to 1,918 mbpd. Domestic derivatives sales edged up 1.6% to 1,742 mbpd.

Net exports jumped 104.4% year on year to 1,075 mbpd as imports fell 55.2% to 156 mbpd. Crude exports rose to 996 mbpd.