Petrobras

22°54′34″S 43°10′45″W / 22.9094°S 43.1793°W / -22.9094; -43.1793

Petrobras
Petróleo Brasileiro S.A.
Company typePublic S.A.
ISIN
IndustryEnergy: Oil and gas
Founded3 October 1953 (3 October 1953)
FounderGovernment of Brazil
HeadquartersRio de Janeiro,
Area served
Worldwide
Key people
ProductsPetroleum
Petroleum products
Natural gas
Lubricant
Petrochemicals
Fertilizers
Biofuels
Production output
3.40 million barrels of oil equivalent (20,800,000 GJ) per day (2023)
Revenue US$ 124.47 billion (2022)
US$ 37.5 billion (2021)
US$ 36.62 billion (2022)
Total assets US$ 174.3 billion (2021)
Total equity US$ 69.8 billion (2021)
OwnerGovernment of Brazil (29.02%)
Number of employees
45,532 (2021)
Subsidiaries
Websitewww.petrobras.com.br

Petróleo Brasileiro S.A., better known by and trading as the portmanteau Petrobras (Portuguese pronunciation: [ˌpɛtɾoˈbɾas, pet-]), is a Brazilian majority state-owned multinational corporation in the petroleum industry headquartered in Rio de Janeiro. The company's name translates to Brazilian Petroleum Corporation — Petrobras.

The company was ranked #71 in the 2023 Fortune Global 500 list. In the 2023 Forbes Global 2000, Petrobras was ranked as the 58th-largest public company in the world.