Petroleo Brasileiro SA - Petrobras 2023 AR2
The report highlights Petrobras' operational and financial performance for 2023, achieving a net income of US$25.0 billion and a record oil and gas production of 2.78 million boed, with pre-salt production accounting for 81% of the total. The company made significant progress in its energy transition strategy, allocating US$11.5 billion to low-carbon projects over the next five years, including biorefining, wind, solar, and CCUS. Petrobras also achieved its lowest historical carbon intensity in exploration and production at 14.2 kgCO2e/boe and in refining at 36.8 kgCO2e/CWT. Additionally, the company strengthened its social and environmental commitments, launching its largest public selection process for socio-environmental projects with an investment of over US$86 million.
Company: Petroleo Brasileiro SA - Petrobras
Sector: Energy
Country: Brazil
Year: 2023
Type: AR2
Pages: 457
Petroleo Brasileiro SA - Petrobras
Annual Report And Form 20-F
The report highlights Petrobras' operational and financial performance for 2023, achieving a net income of US$25.0 billion and a record oil and gas production of 2.78 million boed, with pre-salt production accounting for 81% of the total. The company made significant progress in its energy transition strategy, allocating US$11.5 billion to low-carbon projects over the next five years, including biorefining, wind, solar, and CCUS. Petrobras also achieved its lowest historical carbon intensity in exploration and production at 14.2 kgCO2e/boe and in refining at 36.8 kgCO2e/CWT. Additionally, the company strengthened its social and environmental commitments, launching its largest public selection process for socio-environmental projects with an investment of over US$86 million.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Net Zero Target
Employees