Petrobras
Petrobras, formally Petróleo Brasileiro S.A., is a Brazilian multinational integrated energy company. It is state-controlled, with the Brazilian government as its principal shareholder, and one of the largest oil and gas companies in the world by production and reserves. Headquartered in Rio de Janeiro, the company operates across the oil and gas value chain, including exploration and production, refining, logistics, distribution, and petrochemicals, as well as investments in biofuels and renewable energy.
Founded in 1953 to consolidate Brazil's oil industry under state control, Petrobras expanded into a vertically
Petrobras is a mixed-capital company with government control over strategic decisions; shares are publicly traded on
Upstream focuses on offshore exploration and production, including pre-salt reservoirs. Downstream covers refining, fuel distribution, and
Petrobras is a cornerstone of Brazil's energy security and economy, subject to regulatory oversight and political