Petrobras 2025 Net Profit Hits R$ 110 Billion

Key highlights
  • Petrobras invested R$ 112.9 billion in 2025, focusing on Exploration and Production projects.
  • Oil and gas production increased by 11%, reaching 3 million barrels of oil equivalent per day.
  • Petrobras paid R$ 277.6 billion in taxes, special contributions, and royalties in 2025.
  • Oil exports hit a record 765 thousand barrels per day in 2025.

Financial Performance

In 2025, Petrobras achieved a net profit of R$ 110.1 billion, marking a 200% increase from the previous year, despite a 14% decline in Brent crude prices. The company's operational cash flow reached R$ 200 billion, driven by an 11% rise in oil and gas production.

Investments and Production

Petrobras invested R$ 112.9 billion, primarily in Exploration and Production (E&P) projects. The company's total oil and natural gas production reached 3 million barrels of oil equivalent per day, supported by new and expanded FPSO operations.

Tax Contributions and Exports

In 2025, Petrobras paid R$ 277.6 billion in taxes, special contributions, and royalties. The company also set a record in oil exports, averaging 765 thousand barrels per day.

Operational Highlights

Petrobras incorporated 1.7 billion barrels of oil equivalent into reserves, achieving a reserve replacement rate of 175%. The company's refining park maintained a full utilization rate of 91%, focusing on high-value products like diesel, gasoline, and QAV.