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Balance Sheet Cash Flow Statement Avenida República do Chile 65, Sala 2202-A 20031-912 Rio de Janeiro, Brazil Tel. +55-21-3224-1510 Fax +55-21-2262-3678 |
Type: Public
On the web:
http://www.petrobras.com.br
Employees:
74,240
Employee growth: 7.7%
PETRÓLEO BRASILEIRO (PETROBRAS) isn't brash, but it is Brazil's largest industrial company. It engages in exploration for oil and gas and in production, refining, purchasing, and transportation of oil and gas products. The company has proved reserves of 11.7 billion barrels of oil equivalent. It operates almost 14,200 wells, 15 refineries, 21,140 kilometers of pipeline, and more than 5,970 gas stations. Subsidiary Petrobras Distribuidora is Brazil's top retailer of oil products and fuel alcohol. Petrobras Energía Participaciones is a leading Argentine oil company. Other units produce petrochemicals and natural gas. The Brazilian government owns 32% of PETROBRAS and 56% of its voting shares.
Key numbers for fiscal year ending December, 2008:
Sales: $118,257.0M
One year growth: 34.8%
Net income: $18,879.0M
Income growth: 43.7%
Officers:
Chairman: Dilma V. Rousseff
President and CEO: José S. Gabrielli de Azevedo
CFO and Chief Investor Relations Officer: Almir G. Barbassa
Competitors:
BP
Exxon
Royal Dutch Shell
