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Petróleo Brasileiro S.A. reported record 2Q26 operating performance, with average oil, NGL and natural gas production of 3.34 MM boed, 14.1% above 2Q25 and 3.4% above 1Q26. Growth was driven by higher pre-salt output, including the early start of FPSO P-79 in the Búzios field, which has 180 mbpd oil and 7.2 MM m³/d gas compression capacity.
Total operated production reached 4.87 MM boed, while Búzios platforms hit a record 1.2 MM bpd. Refinery utilization set an all-time high at 101.2%, supporting oil products output of 1,918 mbpd and helping cut oil products imports to 67 mbpd and crude imports to 89 mbpd, boosting net exports to 1,075 mbpd.
Domestic oil products sales were broadly stable at 1,742 mbpd, with higher diesel and LPG offsetting softer gasoline and jet fuel demand. Natural gas sales averaged 45 MM m³/day. Operational greenhouse gas emissions from oil and gas activities were 25.0 million tons CO2e in 1H26 versus 23.0 million in 1H25, while E&P emission intensity improved to 14.4 kgCO2e/boe.
Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors approved the election of William Vella Nozaki as interim Chief Energy Transition and Sustainability Officer (DTEN), effective August 1, 2026. He will assume the DTEN role on an interim basis.
Nozaki currently heads Integrated Energy Transition Management at Petrobras, a position he has held since August 2024, and has served on Transpetro’s Board of Directors since December 2023. This change updates leadership over the company’s energy transition and sustainability agenda.
Petróleo Brasileiro S.A. – Petrobras reports receipt of a new payment under Brazil’s Economic Subvention Program for diesel oil commercialization (Provisional Measure No. 1,340). The installment totals R$ 1.7 billion and covers the period from May 16 to May 31, 2026.
The company states that the cumulative amount received under this program has reached approximately R$ 6.4 billion, representing significant cash inflows linked to diesel oil sales conditions in Brazil.