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    Brazil's Petrobras posts stable fourth quarter sales at 3.07 mln boed

Summary

Sales from Brazilian state-run energy company Petrobras in last year's fourth quarter totalled 3.07 million barrels of oil equivalent (boed), the firm said on Thursday, matching its sales from the year-ago period.

by: Reuters

Posted in:

Complimentary, Natural Gas & LNG News, Americas, News By Country, Brazil

Brazil's Petrobras posts stable fourth quarter sales at 3.07 mln boed

 - Sales from Brazilian state-run energy company Petrobras in last year's fourth quarter totalled 3.07 million barrels of oil equivalent (boed), the firm said on Thursday, matching its sales from the year-ago period.

The sales cover crude oil, natural gas and refined products, according to a company statement.

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Petrobras' oil and gas output, meanwhile, reached 2.94 million boed in the final quarter of 2023, or up nearly 11% from the same period a year earlier, company data showed.

In late January, the Brazilian oil giant said its total oil and gas output rose 3.7% last year, compared to 2022.

The state-run company added that exports increased 11.6% in the October-to-December period last year to reach 885,000 barrels per day.

 

(Reporting by Andre Romani; Editing by Chris Reese and David Alire Garcia)