1. About Petrobras
Petrobras, abbreviated from Petróleo Brasileiro S.A., is a state-owned Brazilian multinational corporation in the petroleum industry, that engages in the exploration, production, refining, and transport of domestic petroleum and petroleum products.
2. Founded on 3 Oct 1953
3. Founder: Government of Brazil
4. Company type: Public Mixed Economy
5. Industry: Energy: Oil and Gas
6. Headquarters: Rio De Janeiro, Brazil
7. Chairman: Equardo Bacellar.
8. Slogan: “The Oil is Ours” (Portuguese: “O petróleo é nosso”).
9. Net Profit: R$ 106,668 million
10. Total Employees: 45,532
11. Products: Petroleum, Petroleum products, Natural Gas, Lubricant, Petrochemicals, Fertilizers, Biofuels.
12. Cenpes: The Centro de Pesquisas Leopoldo Américo Miguez de Mello known as Cenpes is the unit of the Research Center of Petrobras responsible for research and development (R & D) and basic engineering of the company. It was opened on 4 Dec 1963.
13. In 1968, the company established Petrobras Quimica S.A (“Petroquisa”), a subsidiary focused on petrochemicals and the conversion of naphtha into ethene.
14. Petrobras had begun processing oil shale in 1953, developing the Petrosix technology for extracting oil from oil shale.
15. In 2000, Petrobras set a world record for oil exploration in deep waters, reaching a depth of 1,877 meters (6,158 ft) below sea level.
16. Petrobras controls significant oil and energy assets in 16 countries in Africa, North America, South America, Europe, and Asia.
17. In January 2020, Petrobras stated that it ended all of its business in Africa after completing the sale of a 50% stake in Petrobras Oil & Gas BV.
18. Sponsorships and Namesakes:
- In the Speed Racer live-action movie, one of the cars featured in the “Green Energy”, a biodiesel-fuelled racing car sponsored by Petrobras.
- Petrobras sponsored the Brazilian Série A from 2009 to 2012.
- The sauropod dinosaur Petrobrasaurus is named after the company
19. Business areas:
- Refining, transportation, and marketing: refining, logistics, transportation, trading operations, oil products, crude oil exports and imports, and petrochemical investments.
- Exploration and production: crude oil, natural gas liquids, and natural gas exploration, development, and production
- Distribution: distribution of oil products, ethanol, biodiesel, and natural gas to wholesalers
- Gas and power: transportation and trading of natural gas, generation and trading of electric power, and the fertilizer business
- International: exploration and production of oil and gas, refining, transportation and marketing, distribution and gas and power operations
- Biofuels: production of biodiesel and its co-products and ethanol-related activities
20. Recognition:
- The company was ranked #181 in the most recent Fortune Global 500 list.
- In the 2020 Forbes Global 2000, Petrobras was ranked as the 65th-largest public company in the world.
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