Production Growth
In 2025, Petrobras's oil and natural gas production reached 2.99 million barrels of oil equivalent per day, marking an 11% increase from 2024. The company exceeded its production goal by 2.8 percentage points.
Reserves and Efficiency
Petrobras added 1.7 billion barrels of oil equivalent to its reserves, achieving a reserve replacement rate of 175%. The proven reserves to production ratio stood at 12.5 years, indicating portfolio sustainability.
Domestic Sales and Market Performance
Domestic sales of derivatives reached 1,747 thousand barrels per day, a 1.6% increase from 2024. Diesel, gasoline, and QAV accounted for 74% of sales, with QAV sales rising 6%.
Operational Highlights
Key factors for increased production included enhanced FPSO capacity, operational efficiency improvements, and reduced maintenance stoppages. Petrobras linked 77 offshore wells, achieving a new level of operational efficiency.
Refining and Exports
Oil exports hit an annual record of 765 mbpd, with a quarterly record of 999 mbpd in 4Q25. The refining park maintained a total utilization factor of 91%, focusing on high-value-added products.
Sustainable Initiatives
Petrobras delivered its first batch of sustainable aviation fuel produced in Brazil, becoming the first company certified under ICAO rules. The volume supplied equaled a day's consumption at Rio de Janeiro airports.
