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flag Petrobras reports Q2 production up 7.8%, with China now importing over half of its crude.

flag Petrobras reported a 7.8% rise in Q2 oil, gas, and natural gas liquids production, reaching 2.91 million barrels of oil equivalent per day. flag The increase is attributed to new floating production vessels. flag China's share of Petrobras' crude exports rose to 54%. flag Despite a 7% year-over-year increase in greenhouse gas emissions, the company launched a venture capital fund focused on decarbonization.

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