Company: PBR
Filing Date: 2025-10-27
Form Type: 6-K
Source: 0001292814-25-003631
Chunk: 3

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-10-27
Form: 6-K
Chunk 3
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 The quarter was also marked by a record
in oil exports, which reached 814 Mbpd, following the increase in oil production. In 3Q25, the refining system reaffirmed its operational
efficiency and once again maintained strong oil products output. The total utilization factor reached 94%, above the 91% recorded in the
previous quarter, reflecting high utilization of installed capacity. Oil products’ output reached 1,790 Mbpd, representing a 3.5%
growth compared to 2Q25. Production of higher value-added oil products (diesel, jet fuel, and gasoline) accounted for 69% of total volume
in the quarter (68% in 2Q25), reinforcing the maximization of the system's profitability. Regarding the crude slate, the share of pre-salt
crude in the refinery throughput remained high in the quarter, reaching 69%. This result is in line with our strategy to optimize the
use of higher value-added streams with lower carbon intensity. On October 3rd, we signed five service contracts for the construction of
the units of the Boaventura Refining Project, a milestone in the modernization of our refining system. The project will enable integration
between REDUC and the Boaventura Energy Complex, increasing S10 diesel production by 76 Mbpd and jet fuel by 20 Mbpd. Additionally, Boaventura
will enable production of 12 Mbpd of Group II base oils, adding value and competitiveness to the portfolio. Production and Sales Report
3Q25 I 6 HIGHLIGHTS 3Q25 “Signing the contracts for the Boaventura Refining Project (pictured) represents an important step in executing
a major investment that will expand production of higher value-added, low-sulfur products, demonstrating our determination to lead the
energy transition with responsibility and excellence.” William França, Chief Industrial Processes and Products Officer We
consolidated significant progress in our decarbonization and innovation journey in 3Q25, and the highlight was the sustainable aviation
fuels (SAF) segment. We conducted a production test at REVAP and obtained ISCC international certification for SAF production at REDUC,
which already has ANP authorization to incorporate up to 1.2% renewable feedstock in production. REDUC is expected to start SAF production
in 2025, aiming to market up to 10 Mbpd of sustainable fuel. These initiatives expand the low-carbon product portfolio and reinforce Petrobras