Brazilian multinational energy company engaged in oil and gas exploration, production, and distribution.
Petróleo Brasileiro S.A. - Petrobras is a prominent player in the global energy sector, specializing in the exploration, production, and distribution of oil and gas both domestically in Brazil and across international markets. The company operates through distinct segments: Exploration and Production, Refining, Transportation and Marketing, Gas and Power, and Corporate and Other Businesses. Its operations encompass a comprehensive range of activities including prospecting, drilling, refining, trading, and transporting crude oil, natural gas, and liquid hydrocarbons from onshore and offshore fields, as well as unconventional sources like shale.
The Exploration and Production segment focuses on the exploration, development, and extraction of crude oil, natural gas liquids, and natural gas to supply domestic refineries. Petrobras' Refining, Transportation and Marketing segment manages the refining processes, logistics, transport, marketing, and trading of crude oil and oil products, alongside ethanol exportation and shale processing. Additionally, it holds interests in petrochemical enterprises. The Gas and Power segment oversees the logistics, trading, and distribution of natural gas and electricity, operates LNG transportation, generates electricity through thermoelectric plants, and engages in natural gas transportation, distribution, fertilizer production, and processing.
Established in 1953 and headquartered in Rio de Janeiro, Brazil, Petrobras also operates within the Corporate and Other Businesses segment, involved in biodiesel and ethanol production, as well as oil products distribution. With its expansive operational scope and longstanding industry expertise, Petrobras continues to be a pivotal entity in shaping the global energy landscape through strategic exploration, sustainable production, and diversified business ventures.