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: 1429 (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
International Women's Day
Women in the Electric Sector: Driving Advances and Trans...
10/03/25
Merger
Saipem and Subsea7 join forces to create Saipem7
25/02/25
Royalties
Values related to December's production for production-s...
24/02/25
Drilling Operations
Constellation Oil Services Holding S.A. announces intent...
21/02/25
Permanent Offer
CNPE Approves Inclusion of Four New Pre-Salt Blocks in t...
21/02/25
Royalties
Values related to December production for concession and...
21/02/25
Natural Gas
Eneva and Samarco Sign Contract for Natural Gas Supply i...
21/02/25
Results
Four FPSOs operated by MODEC rank among the 10 largest o...
20/02/25
Record
Fulkrum Achieves Record Growth in 2024 with Global Expan...
20/02/25
Results
Foresea Closes 2024 with a Net Profit of $18 Million and...
20/02/25
Results
Sergipe Maintains 1st Place in the Free Gas Market Ranking
10/02/25
International Company News
Interocean awarded Morgan, Mona, and Morven Offshore Win...
06/02/25
Natural Gas
ANP approves prior consultation aiming at new regulation...
06/02/25
Permanent Offer
Permanent Sharing Offer (OPP): ANP approves update of th...
06/02/25
Paraná
Renewable energy with savings of up to 35% drives the ex...
06/02/25
Pre-Salt
PPSA launches a new spot sale process for Union oil carg...
06/02/25
RD&I
Research Discovers Enzyme That Converts Corn Ethanol Dis...
06/02/25
Results
Petrobras reaches 2024 annual production target
28/01/25
International Company News
Pipetech Launches Game-Changing Downhole Scale Remediati...
28/01/25
Geology
Investments totaling R$ 271 million are boosting researc...
28/01/25
RD&I
Miniaturized devices are poised to transform oil extract...
28/01/25
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.