Business Description
Petrobras is a Brazilian energy company founded in 1953 and based in Rio de Janeiro, with operations spanning oil and gas exploration, fuel refining, and lower-emission energy sources both within Brazil and abroad. The company extracts crude oil and natural gas, processes them into fuels and other products, and moves them through its own logistics and transport networks. Petrobras also produces fertilizers, holds stakes in petrochemical businesses, and generates electricity through gas-powered and renewable plants. In recent years it has expanded into biodiesel and other cleaner energy ventures as part of a broader shift toward reducing its carbon footprint.
