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PetroRecôncavo Production Dips Amid Petrobras Record Output

2/11/2026

39 7 Full Breakdown

Summary

Story summary

PetroRecôncavo produced 24,100 barrels of oil equivalent per day (boed) in January 2026, down 3.5% from December due to a scheduled shutdown and a Bahia asset power outage.
The company has faced ongoing production challenges, with its stock down 25% since early 2025.
Petróleo Brasileiro S.A. (Petrobras) reported a record 3.11 million boed in Q4 2025, driven by Búzios.
Petrobras aims for 3.4 million boed by 2028, backed by investments.

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Story summary

PetroRecôncavo produced 24,100 barrels of oil equivalent per day (boed) in January 2026, down 3.5% from December due to a scheduled shutdown and a Bahia asset power outage.
The company has faced ongoing production challenges, with its stock down 25% since early 2025.
Petróleo Brasileiro S.A. (Petrobras) reported a record 3.11 million boed in Q4 2025, driven by Búzios.
Petrobras aims for 3.4 million boed by 2028, backed by investments.