Brazil's state-owned energy company Petrobras $PETR3 (+0,46 %)
$PETR4 (+1,21 %)the largest oil producer in Latin America, ended last year with a production of 2.7 million barrels of oil equivalent per day (boed), the company said in a statement on Monday, without disclosing quarterly figures.
Petrobras added that its oil production reached 2.2 million barrels per day in 2024.
The company said the start-up of two new offshore platforms partially offset production losses due to maintenance work, unplanned shutdowns on other platforms, the natural decline of mature fields, as well as a strike at Brazil's environmental agency Ibama.
Petrobras is expected to present its production and sales report prior to the release of its fourth quarter financial results on February 26.
