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Petróleo Brasileiro S.A., better known by and trading as the portmanteau Petrobras (Portuguese pronunciation: [ˌpɛtɾoˈbɾas, pet-]), is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras.
Petrobras America Inc. (Houston/Texas) PAI: Ministério de Minas e Energia: PETROBRAS Group [26] 17/11/1987: 29/12/1987: 54 Petrobras Logística de Exploração e Produção S.A. PB‐LOG: Ministério de Minas e Energia: PETROBRAS Group [27] 21/11/2000: 21/11/2000: 55 Petroleo Brasileiro Nigeria Limited: PBN: Ministério de Minas e Energia ...
This is a list of presidents of the Brazilian petroleum company Petróleo Brasileiro S.A. (Petrobras). [1] Presidents of the company are appointed by the Federal Government, represented by the President of Brazil. The Federal Government is the main shareholder and the name of the president must be approved by the common shareholders assembly ...
Brazil is the world's 8th-largest oil producer. Up to 1997, the government-owned Petróleo Brasileiro S.A. (Petrobras) had a monopoly on oil. More than 50 oil companies were engaged in oil exploration by 2006. [3] The only global oil producer is Petrobras, with an output of more than 2 million barrels (320,000 m 3) of oil
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Petrobras' (PBR) plan to sell its stakes in the four offshore oil fields off the coast of Brazil's Ceara state is in line with its strategy to contain costs and boost capital deployment.
In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital.
The sale is part of a multi-billion plan by the state-controlled oil company, known as Petrobras, to divest assets, with interest from ethanol and fuel distribution company Raizen and conglomerate ...