Petróleo Brasileiro S.A.
Slogan	-
Type	Public (NYSE: PBR / PBRA) (Bovespa:PETR3 / PETR4) Image File history File links Log-pbr. ... Look up Slogan in Wiktionary, the free dictionary. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world. ... Sao Paulos stock market, the Bovespa Bovespa (Bolsa de Valores do Estado de São Paulo) State of Sao Paulo Stock Exchange Located in the heart of the biggest Brazilian city, São Paulo (city), the Bovespa is the largest stock exchange in Latin America. ...
Founded	1953
Headquarters	Rio de Janeiro, Brazil
Key people	José Sérgio Gabrielli de Azevedo (current President)
Industry	Oil and Gasoline
Products	Petroleum and derived products BR service stations Lubrax motor oil
Revenue	$56.324 billion USD (2005)
Employees	50.000
Website	www.petrobras.com.br

Petrobras, short for Petróleo Brasileiro S.A., is a government-owned Brazilian oil company headquartered in Rio de Janeiro. The company was founded in 1953 mainly due to the efforts of the Brazilian President Getúlio Vargas. While the company ceased to be Brazil's oil monopoly in the late 1990s, it remains a significant oil producer, with output of more than 2 million barrels of oil equivalent per day, as well as a major distributor of oil products. The company also owns oil refineries and oil tankers. Petrobras is renowned for its leadership in development of advanced technology from deepwater and ultra-deep water oil production. 55.7% of Petrobras' Commun Shares (with vote right) is owned by the Brazilian government ^[1], however privately held portions are traded on Bovespa, where it is part of the Ibovespa index. 1953 (MCMLIII) was a common year starting on Thursday. ... Location of Rio de Janeiro Coordinates: Country Brazil Region Southeast State Rio de Janeiro Mayor Cesar Maia (PFL) Area    - City 1,260 km² Population    - City (2005) 5,613,000 [1]  - Density 4. ... Ranked list by size A list of largest petroleum companies is always somewhat arbitrary as state-owned companies operate differently as private-owned ones. ... BR or Br or br may stand for: Bad Religion, a punk rock band Battle Rifle, in Halo 2. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links Green_Arrow_Up. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... This page as shown in the AOL 9. ... Pumpjack pumping an oil well near Sarnia, Ontario Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... Location of Rio de Janeiro Coordinates: Country Brazil Region Southeast State Rio de Janeiro Mayor Cesar Maia (PFL) Area    - City 1,260 km² Population    - City (2005) 5,613,000 [1]  - Density 4. ... 1953 (MCMLIII) was a common year starting on Thursday. ... Getúlio Dornelles Vargas (April 19, 1882 - August 24, 1954) was the president of Brazil from 1930 to 1945 and from 1950 to his suicide in 1954. ... Sao Paulos stock market, the Bovespa Bovespa (Bolsa de Valores do Estado de São Paulo) State of Sao Paulo Stock Exchange Located in the heart of the biggest Brazilian city, São Paulo (city), the Bovespa is the largest stock exchange in Latin America. ... The Bovespa Index (Índice Bovespa) is an index of about 50 stocks that are traded on the São Paulo Stock Exchange (Bovespa: BOlsa de Valores dE São PAulo). ...

Pumpjack.

Petrobras operated the Petrobras 36 Oil Platform, the world's largest oil platform, up until an explosion led to it sinking on March 15, 2001. Image File history File links Download high resolution version (1600x1200, 1066 KB) Petrobrás. ... Image File history File links Download high resolution version (1600x1200, 1066 KB) Petrobrás. ... A colourful nodding donkey in the United States A nodding donkey or pump jack is the overground drive for a submersible pump in a borehole. ... The P36 Offshore Oil Platform was the largest floating production platform in the world prior to its sinking in March, 2001. ... March 15 is the 74th day of the year in the Gregorian Calendar (75th in Leap years). ... 2001: A Space Odyssey. ...

Petrobras has expanded the reach of its operations beyond Brazilian borders. Today Petrobras controls oil and power industries assets, as well as related business activities, in 16 nations in Africa, North America, South America and Asia.

On 19 December 2005, Petrobras announced a contract with the Japanese Nippon Alcohol Hanbai for the creation of a joint-venture based in Japan to import ethanol from Brazil. The company, Brazil-Japan Ethanol, will have as its main object the creation of ethanol market in Japan. A joint venture (often abbreviated JV) is a strategic alliance between two or more parties to undertake economic activity together. ... Ethanol, also known as ethyl alcohol or grain alcohol, is a flammable, colorless, mildly toxic chemical compound with a distinctive perfume-like odor, and is the alcohol found in alcoholic beverages. ...

The Financial Times newspaper listed Petrobras as one of the world's 500 largest companies in 2005. The Financial Times (FT) is an international business newspaper printed on distinctive salmon pink broadsheet paper. ...

On April 21st, President Luiz Inácio Lula da Silva announced Brazil's self-sufficiency in petroleum on board the Petrobras P-50 Oil Rig, a Floating Production Storage and Offloading vessel. Luiz Inácio Lula da Silva (pron. ... It has been suggested that Floating_oil_production_system be merged into this article or section. ...

See also

• History of Brazil (1945-1964)
• Ethanol fuel in Brazil
• Petrobras 36 Oil Platform

// End of the Estado Novo As World War II ended with Brazil participating on the Allied side, President Getúlio Vargas moved to liberalize his own fascist-influenced Estado Novo regime. ... Gasoline on the left, alcohol on the right at a filling station in Brazil In Brazil, ethanol fuel is produced from sugar cane which is a more efficient source of fermentable carbohydrates than corn as well as much easier to grow and process. ... The P36 Offshore Oil Platform was the largest floating production platform in the world prior to its sinking in March, 2001. ...

Footnotes and references

1. ^ Source: 09-July-2006 - Petrobras Investor Relation Site [1]

External links

• The company's home page in Portuguese
• The company's home page in English
• Major oil discovery in Brazil

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Petrobras