Cost ManagementThe company's operational efficiency is on the rise as evidenced by a significant reduction in consolidated lifting costs, which is a result of strategic currency management and a boost from rising oil prices.
Financial PerformanceThe upstream segment's financial strength is evident with a notable rise in adjusted EBITDA, fueled by increased production and favorable market prices.
Operational PerformanceThe downstream segment is experiencing a robust financial upturn, showcasing a surge in adjusted EBITDA thanks to higher fuel prices coupled with effective cost containment measures.