Queda do petróleo - Petrobras registra prejuízo de R$ 48,5 bilhões no primeiro trimestre

Oil Drop – Petrobras Reports Loss of R$ 48.5 Billion in the First Quarter

Written by Roberta Souza

Published on 15/05/2020 at 09:41

Petrobras

Be the first to react!

With The Drop In Oil Prices And Reassessment Of Asset Prices, Petrobras Reports Loss After Almost 3 Years

Petrobras announced yesterday (14) the amount of its loss in the first quarter of this year, totaling R$ 48.523 billion. The result was due to a review of the company’s asset prices, affected by the impact of the coronavirus crisis. In the same period last year, the company had a profit of R$ 4 billion.

See Other News:

The last time Petrobras reported a loss was in the third quarter of 2017. Nearly 3 years later, the company is back to operating in the red. In 2019, the company’s profit was R$ 40.1 billion, the highest in history.

The corrected assets were shallow and deep-water oil fields. Due to the crisis, the state-owned company changed the long-term price projection for Brent crude from US$ 65 to 50 dollars.

ARTICLE CONTINUES BELOW

Oil Drop – Petrobras Reports Loss of R$ 48.5 Billion in the First Quarter

With The Drop In Oil Prices And Reassessment Of Asset Prices, Petrobras Reports Loss After Almost 3 Years

See Other News:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

Goodbye hand-painted walls: autonomous AI robot paints, sands, and finishes high ceilings without marking, without BIM, without Wi-Fi, and covers over 92,000 square meters in Europe.

Metallic bolted chalet is assembled like a giant Lego in just two days, using numbered pieces, factory cuts, hard bolts on concrete, and a metal frame without welding, no on-site cutting, and a design intended for Airbnb and short-term rentals.

With the R$ 102 from his first salary at a car wash, a teenager from Maranhão bought food for his mother and siblings, and the gesture went viral so much that he ended up receiving a bicycle and a job at an aeronautical aesthetics company.

Helicopters were mobilized to drop tons of hay on farms overtaken by snow in the USA to save 2,500 trapped cattle, while calves were being born in the cold and pastures disappeared under the blizzard.

End of blind excavation: artificial intelligence detects pipes, cables, rocks, and voids before construction begins and promises to avoid million-dollar losses hidden underground.

Oil Drop – Petrobras Reports Loss of R$ 48.5 Billion in the First Quarter

With The Drop In Oil Prices And Reassessment Of Asset Prices, Petrobras Reports Loss After Almost 3 Years

See Other News:

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

While Brazil sits on the pre-salt and still imports diesel, Turkey, which produces almost no oil, crossed half the world to drill 7,500 meters below the sea in Somalia in search of its own fuel.

Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?

Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.

Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening

Goodbye hand-painted walls: autonomous AI robot paints, sands, and finishes high ceilings without marking, without BIM, without Wi-Fi, and covers over 92,000 square meters in Europe.

Metallic bolted chalet is assembled like a giant Lego in just two days, using numbered pieces, factory cuts, hard bolts on concrete, and a metal frame without welding, no on-site cutting, and a design intended for Airbnb and short-term rentals.

With the R$ 102 from his first salary at a car wash, a teenager from Maranhão bought food for his mother and siblings, and the gesture went viral so much that he ended up receiving a bicycle and a job at an aeronautical aesthetics company.

Helicopters were mobilized to drop tons of hay on farms overtaken by snow in the USA to save 2,500 trapped cattle, while calves were being born in the cold and pastures disappeared under the blizzard.

End of blind excavation: artificial intelligence detects pipes, cables, rocks, and voids before construction begins and promises to avoid million-dollar losses hidden underground.