Petrobras

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Type Partially state-owned
Founded 1953[1]
Headquarters Rio de Janeiro, Brazil[1]
Key People José Gabrielli (CEO)[2]
Employees 80,492 (March 2011)[3]
Website www.petrobras.com

Company Profile

Petroleo Brasileiro (Petrobras) is a Brazilian integrated oil and gas company, operating in five segments: exploration and production; refining, commercialization and transport of oil and gas; petrochemicals; distribution of derivatives and electrical energy; biofuels and other renewable energy sources. As of December 2010 it had 132 production platforms, 16 refineries, 291 vessels,29,398 kilometers of pipelines, six biofuel plants, 16 thermoelectric plants, one pilot wind farm, 8,477 service stations and two fertilizer plants, as well as presence in 30 countries.

Outside of Brazil, the company focuses its upstream activities in the Gulf of Mexico and West Africa. Over the course of 2009 the company conducted exploration and production activities in 21 countries outside of Brazil (Angola, Argentina, Bolivia, Colombia, Ecuador, the United States, India, Iran, Libya, Mexico, Mozambique, Namibia, Nigeria, Pakistan, Peru, Portugal, Senegal, Tanzania, Turkey, Uruguay and Venezuela). As of the end of 2009, international activities accounted for 7.4% of total assets.[1]

Global Operations by Country

Colombia

Main article: Petrobras Operations in Colombia
Main article: Petrobras Operations in Iran
Main article: Petrobras in Tanzania

References

  1. 1.0 1.1 1.2 PetrobrasBloomberg, retrieved 6 February 2012.
  2. Interview with Gabrielli, Petrobras CEO and Oil Executive of the YearForbes, 10 November 2011.
  3. Petrobras-Petróleo BrasilForbes, March 2011.