Petrobras Surpasses 2023 Oil & Gas Production Goal

January 30, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Brazilian state-owned Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil), announced oil and natural gas production of 2.78 million barrels of oil equivalent per day (BOE/d) in 2023, about 3.7% more than the volumes registered in the previous year. The output was above the goals set by the company as part of its 2023-2027 strategic plan but "were in line with projections," according to the company's statement.