Petroleo Brasileiro S/A ADR

Business Description

Petrobras is a Brazilian energy company founded in 1953 and based in Rio de Janeiro, with operations spanning oil and gas exploration, fuel refining, and cleaner energy sources both within Brazil and abroad. The company pumps crude oil and natural gas from fields on land and at sea, then refines and ships these resources to customers while also producing fertilizers and holding stakes in petrochemical businesses. Petrobras is also growing its presence in renewable and low-carbon energy, including biodiesel, wind, and electricity generation, reflecting a broader push to diversify beyond fossil fuels.