Brazil’s Petrobras’ oil extraction and refining fall in the 3rd quarter

Petrobras’ oil and natural gas output fell 6.5% in the third quarter of this year compared to the same period in 2021, while refining saw a 9.4% decrease.

Compared to the second quarter of 2022, the decline was 0.3% and 1.2%, respectively. The data is contained in a report published by Petrobras on Monday, October 24.

According to the state-owned company, the drop in oil and gas production came as a result of a decrease in its weight in the production of the Sepia and Atapu pre-salt fields.

The impact was . .

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