Petrobras has increased production of oil and gas

7% was the percentage of increase in oil and gas production by Petrobras, in the first quarter of 2017, as compared with the same month of 2016. The State has produced, in the first three months of the year, 2.805 billion barrels of oil equivalent per day (boed).

According to Petrobras, the only negative note on the results of the first quarter of this year was the drop in the sale of derivatives in 5%. On the other hand, the State has expanded export your in 72% and reduced imports in 40%, in comparison with the first quarter of 2016 and 2017.

The net profits of the company, in the first three months of 2017, reached $4.4 billion and R the R $14.2 billion operating profit. Already the cash flow reached R$13,3 billion, 5.6 times the amount registered in the same quarter last year.

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