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Petróleo Brasileiro S.A.

Company Detail

Description

Petróleo Brasileiro S.A. (Petrobras) is a Brazilian state-controlled mixed-capital energy company founded in 1953 in Rio de Janeiro which is engaged in the exploration of oil and gas; production, refining, and supply of crude and oil products; and generation, transport, and distribution of electric power. Petrobras products include diesel oil, gasoline, fuel oil, naphtha, LPG, jet fuel, ethanol, nitrogen fertilizers, as well as crude oil and natural gas; owning proven reserves of ±10 BBOE and a refinery producing ±3 M boe/d and ±2 mn barrels of by-products. Petrobras' generation assets include solar, wind, thermal, and biofuel plants. Petrobras is present in Bolivia, Colombia, Mexico, Paraguay, Uruguay, and Venezuela; and it is in the process of withdrawing from Argentina and Chile.

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