Petrobras reported record oil and gas production in the third quarter of 2026, reaching 3.51 million barrels of oil equivalent per day (boe/d). Production rose 11.7% from the same period a year earlier, setting a new all-time high for the Brazilian state-run company.
The increase was driven primarily by production ramp-ups at new offshore platforms in the Búzios and Mero fields. Petrobras also cited its highest operational efficiency in nearly eight years and fewer maintenance-related disruptions.
Crude and oil product exports reached a record 1.25 million barrels per day. Refineries operated at 99% of capacity, and diesel production also set a record.