Petroleo Brasileiro SA - Petrobras 2021 AR2
The report highlights Petróleo Brasileiro S.A. (Petrobras)'s operational and financial performance for the fiscal year ended December 31, 2021. The company achieved a net income of US$19.9 billion and a Free Cash Flow of US$31.5 billion, driven by higher Brent prices and increased domestic sales of oil products. Petrobras advanced its strategic focus on deepwater and ultra-deepwater assets, particularly in the pre-salt layer, which accounted for 73% of its oil production in Brazil. Additionally, the company reinforced its commitment to sustainability by announcing its ambition to achieve net zero greenhouse gas emissions from operations under its control (Scopes 1 and 2) and reducing its total recordable injury rate to 0.54.
Company: Petroleo Brasileiro SA - Petrobras
Sector: Manufacturing
Country: Brazil
Year: 2021
Type: AR2
Pages: 459
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Petroleo Brasileiro SA - Petrobras
Annual Report And Form 20-F
The report highlights Petróleo Brasileiro S.A. (Petrobras)'s operational and financial performance for the fiscal year ended December 31, 2021. The company achieved a net income of US$19.9 billion and a Free Cash Flow of US$31.5 billion, driven by higher Brent prices and increased domestic sales of oil products. Petrobras advanced its strategic focus on deepwater and ultra-deepwater assets, particularly in the pre-salt layer, which accounted for 73% of its oil production in Brazil. Additionally, the company reinforced its commitment to sustainability by announcing its ambition to achieve net zero greenhouse gas emissions from operations under its control (Scopes 1 and 2) and reducing its total recordable injury rate to 0.54.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees