Petróleo Brasileiro S.A. - Petrobras announced production results for the year 2022. For the period, Total oil and gas production was 2.684 million barrels of oil equivalent per day (boed), surpassing the target of 2.600 million boed by 3.2%, within the disclosed range of plus or minus 4.0%. Commercial production reached 2.361 million boed, 2.7% above the target of 2.3 million boed, also within the plus or minus 4.0% range.

Oil production stood at 2.154 million barrels per day (bpd), 2.6% above the target of 2.1 million bpd, and within the range of plus or minus 4.0%.