US EditionBrazil's Petrobras Sees Profit Soar on Record Output
- Petrobras, Brazil's majority state-owned oil company, saw its profits nearly triple last year to $19.6 billion due to record oil and gas output.
- Despite a 2.4% sales decrease to $89.2 billion, Petrobras' total production was up 11%, the highest ever for the group.
- Petrobras aims to expand exploration activities, including a huge offshore drilling project in the Equatorial Margin, which faced environmental opposition.
39 Articles
39 Articles
In the midst of the current high oil caused by the war in Iran, Petrobras announced this Thursday a net profit of R$ 110, 129 billion for the last year's financial year. The number represents a high in relation to the profit recorded in 2024, of R$ 36.6 billion. The result was mainly influenced by the increase in production and sales of derivatives over 2025, according to analysts heard by GLOBO. Gains: Petrobras will pay R$ 8,1 billion in divid…
Petrobras recorded a net profit of R$ 110.6 billion in 2025, driven primarily by the increase in production of oil and gas, and by the generation of the company's box. The growth was 198.9% compared to 2024. According to the report published in this quarter of the year (5), the profit was R$ 15.6 billion. Compared to the third quarter of 2025, there was an increase of 52.3%. Related news: Petrobras cuts record production and large exports in 202…
Petrobras reported a net profit of R$ 110.1 billion in 2025, a 200% increase compared to the 2024 result, when it earned R$ 36.6 billion. The figures were released this Thursday (March 5, 2026) in the state-owned company's financial report. Read the full report (PDF – 1,801 kB). The company attributed the increase to higher oil and gas production and improved operational efficiency. Despite the increase compared to 2024, the state-owned company'…
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