Petróleo Brasileiro S.A. - Petrobras
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Magda Maria de Regina Chambriard
- Full Time Employees
- 41,778
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- Avenida RepUblica do Chile, 65 Rio De Janeiro RJ Brazil 20031-912
- IPO Date
- Aug 10, 2000
- CIK
- 0001119639
- Website
- petrobras.com.br
- Similar Companies
- Business
- Petróleo Brasileiro S.A. - Petrobras operates as an integrated energy company primarily engaged in oil and gas exploration, production, refining, and transportation, along with petrochemicals, biofuels, and renewables. The company manufactures and sells crude oil, natural gas, LPG, diesel, gasoline, aviation fuels, lubricants, petrochemicals, ethanol, and biodiesel through its extensive refining and distribution network. Its operations span Brazil and international markets, concentrating significantly on the pre-salt oil fields offshore Brazil, with exploration and production activities expanding to new frontiers such as West Africa, Egypt, and Colombia. Founded in 1953 and headquartered in Rio de Janeiro, Brazil, Petrobras operates through key business segments including upstream exploration and production, downstream refining and distribution, and midstream logistics via its subsidiary Transpetro. The company is also advancing its portfolio in renewable energy technologies, emphasizing ethanol, solar, hydrogen, biogas, and carbon capture utilization and storage (CCUS) as part of its commitment to achieving net zero emissions by 2050. In its latest strategic developments for 2024-2028, Petrobras announced an investment plan exceeding $102 billion, focusing on increasing production capacity with 14 new FPSO platforms planned or under construction, including the Marechal Duque de Caxias, Almirante Tamandaré, and Alexandre de Gusmão FPSOs in the Santos Basin pre-salt region. The plan includes significant investments in biorefineries to boost the production of renewable diesel and aviation biokerosene, expansion and modernization of refining and logistics infrastructure, and re-entry into the fertilizer segment with the ANSA operation restoration and UFN 3 completion. Petrobras also plans to enhance petrochemical integration and invest in new technological solutions such as high-pressure oil and gas separation to lower emissions in its pre-salt operations. Recently, Petrobras has pursued strategic alliances and partnerships to expand in the biofuels market, notably engaging with Raízen, bp, and Inpasa to develop ethanol production capabilities. The company has accelerated its capital expenditures in 2025, surpassing $14 billion in the first nine months, with strong focuses on exploration, production, and infrastructure resilience. Petrobras is also expanding its fleet with new local-build support vessels to optimize offshore operations and logistics. Overall, Petrobras remains a dominant player in Brazil’s oil and gas industry with a growing presence in the international energy market and a clear strategic shift toward sustainable energy solutions and technological innovation to meet future energy demands and environmental targets. This description reflects the company’s main products and services along with the latest major changes, including its large-scale investment plan, new platform deployments, strategic partnerships in renewables, and operational expansions as of 2025.
Petrobras Changes Diesel Pricing While Preserving Market Stability
Petrobras (PBR) Registers a Bigger Fall Than the Market: Important Facts to Note
Petrobras: Buy This Bargain As Dividends Will Soar
Brokers Suggest Investing in Petrobras (PBR): Read This Before Placing a Bet
Petrobras: We're Adding Hundreds Of Shares On The Dips
Petrobras and Finep Launch R$150 Million Electrolyzer Initiative
Petrobras and Pemex Sign MOU to Boost Gulf of Mexico Output
Petrobras (PBR) Gains As Market Dips: What You Should Know
Petrobras to Build $1.2B BioQAV and Renewable Diesel Facility
Brazil's Petrobras to sign cooperation agreements with Mexico's Pemex on Tuesday
Brazil's Petrobras approves $1.2 billion investment for renewable fuels plant
PBR to Resume UFN-III Fertilizer Plant Construction by September
Petrobras to resume construction of Tres Lagoas fertilizer plant by September
Petrobras produces, sells first CORSIA-certified soybean SAF batch
Petrobras Signs R$443.7M Decommissioning Contract With OceanPact
Petrobras and Pemex to Sign Oil, Refining and Petrochemicals Deals
Wall Street Bulls Look Optimistic About Petrobras (PBR): Should You Buy?
Petrobras to Acquire 50% Interest in Exploration Block Offshore Brazil
Petrobras to buy 50% stake in Campos Basin offshore block
PBR Enters Agreements for 8 Ivory Coast Exploration Blocks