Brazil’s state-controlled oil giant Petrobras delivered record upstream production and stronger downstream performance in the first quarter of 2026, underscoring the company’s continued operational momentum across its core assets. The company said its average oil, natural gas liquids, and gas production reached a record 3.23 million barrels of oil equivalent per day (boe/d) in Q1, up 3.7% quarter-on-quarter and 16.1% year-on-year, supported primarily by the ramp-up of multiple floating production, storage ...