SectorOil, natural gas and consumer fuels
Established Date03/10/1953
Listing Date10/08/2000
ExchangeNew York Stock Exchange
Full-time Employees41778
Fiscal Year Ends31/12
Security TypeDepository Receipts (Ordinary Shares)
Office addressAvenida Republica do Chile, 65 , 20031-912 – Rio de Janeiro – RJ , Brazil
BusinessExploration, production, refining and marketing of oil and gas
IntroductionBrazilian Petroleum Corporation - Petrobras was incorporated in Brazil on October 3, 1953. The company has large proven reserves and operates and produces most of Brazil's oil and natural gas. The most important parts of the proven reserves are located offshore in the adjacent Campos and Santos basins in southeastern Brazil. The company operates most of Brazil's refining capacity. The company's refining capacity is mainly concentrated in southeastern Brazil, in the country's most populous and most industrialized market, adjacent to most of the crude oil producing areas in the Campos and Santos basins. The company distributes petroleum products through wholesalers and retailers. The company is also involved in the Brazilian natural gas market, including the logistics and processing of natural gas.
