Details

Last Funding Type

Post-IPO Debt

Last Funding Money Raised

$1.25B

Industries

Energy,Energy Efficiency,Industrial,Oil and Gas,Supply Chain Management

Founded date

Oct 3, 1953

Number Of Employee

10001 - max

Operating Status

Active

Stock Symbol

bvm:PETR4

Legal Name

Petróleo Brasileiro S.A.

Petrobras is driven by the challenge of supplying the energy that propels development and ensures the future of society with competency, ethics, cordiality, and respect for diversity.

They have built a track record of overcoming challenges since 1953 when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of their reserves are nestled. Petrobras' Research Center is the biggest in Latin America and is in constant growth.

They undertake their activities with socio-environmental responsibility, and that is why they are among the world's most sustainable corporations. They have been listed on the Dow Jones Sustainability Index since 2006, with the spotlight on the ongoing improvement of corporate governance practices and on the adoption of international transparency standards.