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Petroleo Brasileiro S.A. Petrobras ADS (PBR) Q2 2025 Earnings Call
Petroleo Brasileiro S.A. Petrobras ADS (NYSE: PBR) Q2 2025 earnings conference call, held 2025-08-08. Replay captured from the company's public earnings webcast.
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WEBVTT 00:00:00.031 -- 00:00:04.335 They had no crews, so we changed this procedure. 00:00:04.335 -- 00:00:10.901 So now they have a crew. They go straight to their location 00:00:10.901 -- 00:00:16.125 or their sites, and that also anticipates production and operation of more 00:00:16.125 -- 00:00:22.011 oil, again, to benefit our investors, government 00:00:22.011 -- 00:00:24.733 or private sector investors. 00:00:24.733 -- 00:00:26.975 That's another improved 00:00:26.975 -- 00:00:32.056 procedure that ultimately means more oil in the tanks, in our tanks. 00:00:32.056 -- 00:00:35.298 We also had more 00:00:36.222 -- 00:00:41.390 natural gas supply offered to the market. We increased our gas production 00:00:41.390 -- 00:00:44.675 by 15% to the market. 00:00:44.675 -- 00:00:48.938 And this was a result of our 00:00:50.864 -- 00:00:53.164 Route 3 00:00:55.170 -- 00:00:58.402 reaching the state of Rio de Janeiro, 00:00:58.402 -- 00:01:01.385 in the Boa Ventura complex. 00:01:01.385 -- 00:01:06.549 And this also means that in addition to Route 3, 00:01:06.549 -- 00:01:12.514 there has been a lot of effort put into processing this gas 00:01:12.514 -- 00:01:17.959 in a gas processing unit in the Boa Ventura complex, 00:01:17.959 -- 00:01:21.421 in the Itaburayi hub. 00:01:22.283 -- 00:01:28.355 Ladies and gentlemen, we are really happy to have 00:01:28.355 -- 00:01:34.144 All this good news to you. These deliveries are under 00:01:34.144 -- 00:01:37.749 our control. We're totally in control of them. 00:01:37.749 -- 00:01:40.730 So we are delivering 00:01:41.594 -- 00:01:46.942 them. We're improving on them. And you can rest assured that in our daily 00:01:46.942 -- 00:01:51.146 work, that means continuous improvement. 00:01:52.170 -- 00:01:57.375 And this is done. When ...