Results

Petrobras closes 2020 with net profit of R$ 7.1 billion

T&B Petroleum/Petrobras Agency
25/02/2021 14:51
Petrobras closes 2020 with net profit of R$ 7.1 billion Imagem: Andrea Marques de Almeida, Petrobras Visualizações: 1425 (0) (0) (0) (0)

In a year marked by countless challenges caused by the Covid-19 pandemic and the consequent drop in global fuel demand, Petrobras managed to reverse the trajectory of its accounting performance in the first nine months of the year and reached a net profit of R$ 59, 9 billion in the fourth quarter of 2020. In the year, the company achieved a net profit of R$ 7.1 billion, ending 2020 with a solid operating and financial performance.

 

Watch the video of Petrobras' Director of Finance and Investor Relations, Andrea Marques de Almeida, about the year's results.

 

Most Read Today
see see
Business
SBM Offshore signs US$400 million Sale and Leaseback agr...
09/04/25
Vitória Petroshow 2025
Vitória PetroShow 2025 reinforces Espírito Santo’s leade...
08/04/25
Vitória Petroshow 2025
Exploration of New Blocks Could Triple Reserves and Doub...
08/04/25
Event
Espírito Santo Unveils New Yearbook Highlighting the Fut...
08/04/25
Vitória Petroshow 2025
Entrepreneurship and Energy Sector Leaders Invite You to...
07/04/25
Vitória Petroshow 2025
Márcio Felix Highlights the Strategic Importance of Vitó...
07/04/25
Vitória Petroshow 2025
Vitória Petroshow highlights Espírito Santo as a nationa...
07/04/25
OTC Houston 2025
OTC Recognizes 2025 Spotlight on New Technology® Award W...
04/04/25
Agreement
Petrobras and Braskem Sign Agreement for Carbon Capture ...
04/04/25
Energy Transition
Oil and Gas Sector Reinforces Its Commitment to Energy T...
04/04/25
Onshore
Oil and gas production in onshore fields is expected to ...
03/04/25
ANP
Proven oil reserves in Brazil increased by 5.92% in 2024.
03/04/25
E&P
Investments in exploration could reach up to US$ 2.3 bil...
03/04/25
International
Sebrae Rio: Registrations for the Technical Mission to O...
02/04/25
Company News
Global Reach Inspires OMMICA to Significant Sales Increase
31/03/25
Local Content
The National Agency of Petroleum, Natural Gas, and Biofu...
28/03/25
Pernambuco
RNEST Increases Processing Capacity with Completion of T...
28/03/25
Equatorial Margin
Petrobras Contributes to the Expansion of Brazil’s Conti...
28/03/25
iBEM25
Engineering Students Adapt Vehicle for Renewable Energy ...
28/03/25
iBEM25
Closing of iBEM 25: A Milestone in Latin America's Energ...
28/03/25
iBEM25
iBEM 25: Conference Addresses Challenges of Recycling Ma...
27/03/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.