Impairment reversals keep Petrobras in the black

New Brent price assumptions help reverse impairments booked earlier in the year, giving the company a strong fourth quarter profit

Financial results: Petrobras chief executive Roberto Castello Branco — Financial results: Petrobras chief executive Roberto Castello BrancoPhoto: REUTERS/SCANPIX

Josh Lewis

Perth

Petrobras Brazil

Published 25 February 2021, 04:17Updated 25 February 2021, 04:17