Petróleo Brasileiro's IFRS net profit for 3 months of 2022 was $8.648 billion, up 52.4% from $5.676 billion in the previous year. Revenue increased by 73.2% to $27.189 billion compared to $15.698 billion a year earlier.

Petróleo Brasileiro SA's IFRS net profit for 2021 was $19.986 billion, up 20.1 times from $0.948 billion in the previous year. Revenue rose 56.4% to $83.966 billion from $53.683 billion a year earlier.

Petrobras reached an agreement with Russia's Akron to sell its Nitrogen Fertilizer Unit III plant under construction in southwestern Brazil. The site has a design capacity of 3,600 tonnes of urea and 2,200 tonnes of ammonia per day. At the moment the plant is 80% ready. The terms of the deal are not disclosed.

Net profit of Petróleo Brasileiro SA under IFRS for 9 months of 2021 amounted to $14.31 billion, against a loss of $10.669 billion in the previous year. Revenue rose 50.7% to $59.935 billion from $39.772 billion a year earlier.