Petrobras Raises 6% of Its Proven Reserves in 2025, up to 12.1 Billion Barrels

EFE

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Petrobras increased its proven oil, condensate and natural gas reserves by 6.1 % in 2025 to 12.1 billion barrels.

Globo

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The oil company says that, in 2025, it continued on a trajectory of significant reserve additions, mainly due to the performance of assets such as the Búzios, Tupi, Itapu, and Mero fields in the Santos Basin.

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Petrobras announced this Wednesday (January 28, 2026) that its proven oil and natural gas reserves reached 12.1 billion boe (barrels of oil equivalent) on December 31, 2025, according to SEC (Securities and Exchange Commission, of the USA) criteria. Of this total, 84% corresponds to oil and condensate and 16% to natural gas. The volume represents a 6.14% increase compared to what the state-owned company reported in 2024, when proven reserves wer…

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elperiodicodelaenergia.com

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The Brazilian oil company Petrobras does not rule out entering Venezuela for the exploration of natural gas, although it has advanced that it is not the right time after the US military intervention in this territory and the capture of its president, Nicolás Maduro.

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Xinhua - The Brazilian state company Petrobras announced this Wednesday that it will intensify the exploration of oil and natural gas in the Solimoes river basin, in the state of Amazonas, in the north of the country.