Petrobras Posts R$ 25.8 Billion Net Income in 2018

Petrobras posted R$ 25.8 billion net income in 2018. The first positive annual result in five years is also the highest since 2011. The company posted two financial records: Adjusted EBITDA of R$ 114.9 billion and, for the fourth year in a row, a positive free cash flow of R$ 54.6 billion.

Oil and natural gas production in January

Petrobras informs that in January its total production of oil and gas, including natural gas liquids (NGL), was 2.61 million barrels of oil equivalent per day (boed), of which 2.54 million boed produced in Brazil and 73 thousand boed abroad.