Petrobras afirma que terá mais lucros no próximo trimestre

Petrobras Claims It Will Have Higher Profits Next Quarter

Written by Flavia Marinho

Published on 27/08/2018 at 09:16

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Presidente da Petrobras Points To The Next Quarter Of The State Company As The Best Compared To The Last 4 Years

The new president of Petrobras Ivan Monteiro presents the estimated balance of the next quarter as the best in terms of profit for the State Company since the beginning of Operation Lava Jato. The predominant factor is the dollar that has risen, making the national oil price competitive and definitely pulling out of the crisis that has been affecting Brazil for the last four years. According to the President, the strategy now is not investment but rather strengthening the economic foundations of the company, which will have a third quarter with profits even greater than in the first and second.

New Investments

In light of the current scenario that still does not demonstrate total solidity for higher and more challenging investments, experts say that Petrobras would take approximately ten years for new discoveries of oil fields and oil and gas production. Looking at these numbers, currently with the discovery of pre-salt, Petrobras is able to maintain 50% of national production and distribution, and looking to the future, by 2030 it could be among the world’s major oil exporters.

ARTICLE CONTINUES BELOW

The Brazilian Oil Reserves

As already anticipated by economists and experts in the oil sector, Brazilian reserves are enormous, but the problems are the costs to explore them. Studies indicate that 4.9 trillion barrels of oil can still be explored worldwide, but spending on new technologies, transportation logistics, and labor would become more viable with investment in renewable energy sources and with the production of 1 in every 3 barrels that could be extracted. A report presented by Shell points to energy changes by 2070. The highly credible report shows solar, wind, and nuclear energy ahead of other energy sources.

Petrobras Claims It Will Have Higher Profits Next Quarter

Presidente da Petrobras Points To The Next Quarter Of The State Company As The Best Compared To The Last 4 Years

New Investments

The Brazilian Oil Reserves

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Petrobras Claims It Will Have Higher Profits Next Quarter

Presidente da Petrobras Points To The Next Quarter Of The State Company As The Best Compared To The Last 4 Years

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