PBR enters Brazil's solar market with a Lightsource bp deal, marking a key step in its energy transition and portfolio diversification strategy.
A strike at Brazilian state-run oil company Petrobras entered its second day on Tuesday, affecting 24 oil platforms and eight refineries, union FUP said in a statement.
Petrobras' Train 2 expansion at Abreu e Lima is set to double capacity by 2029, boosting fuel output, jobs and Brazil's energy security.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Magda Maria de Regina Chambriard CEO | XBER Exchange | US71654V4086 ISIN |
| BR Country | 41,778 Employees | 26 Dec 2025 Last Dividend | 8 May 2008 Last Split | - IPO Date |
Petróleo Brasileiro S.A., widely known as Petrobras, is a major player in the global oil and gas industry, with operations that span across the exploration, production, refining, transportation, and sales of oil and gas both within Brazil and internationally. The company, established in 1953 and headquartered in Rio de Janeiro, Brazil, operates across a multi-faceted industry structure including Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses. Through its extensive network of onshore and offshore oil fields, refineries, logistic means, and a deep-rooted presence in the petrochemical sector, Petrobras significantly contributes to the global supply of crude oil, oil products, and natural gas.
This segment undertakes the exploration, development, and production of crude oil, natural gas liquids, and natural gas, prioritizing supplies to domestic refineries. Petrobras employs state-of-the-art technology for prospecting and drilling in various environments, ensuring a steady supply of fossil fuels.
Petrobras is involved in a wide range of activities in this segment, including the refining of crude oil into oil products, logistics and transportation of these products, and their marketing and trading on a global scale. Additionally, the company also exports ethanol and is engaged in the extraction and processing of shale, showcasing its versatility within the petrochemical industry.
This division focuses on the logistics and trading of natural gas and electricity, including the transportation and trading of LNG (Liquefied Natural Gas). Petrobras also generates electricity through thermoelectric power plants, holds interests in natural gas transportation and distribution, participates in fertilizer production, and operates in the natural gas processing sector, highlighting its integrated approach to energy solutions.
Beyond its core fossil fuel operations, Petrobras diversifies its portfolio by producing biodiesel and its co-products, as well as ethanol. It also plays a crucial role in distributing oil products within the market, demonstrating a commitment to meeting a broad range of energy needs.