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Team Petrobras

About us

We are a Brazilian partially state-owned company, with public and private capital, and we operate primarily in the segments of oil and gas exploration and production, refining, and energy generation and trading. We have extensive experience in offshore exploration and production, developed over more than five decades of operations in deepwater and ultra-deepwater environments in Brazil’s main basins, internationally recognized for the technological advances in this segment.

We are committed to being the best energy company in terms of diversification, integration and value generation, reconciling our focus on oil and gas with low-carbon businesses. In this context, we adopt specific strategies for the segments in which we operate, with investments in the decarbonization of our operations, in renewable energy generation and in sustainable fuels. We have also expanded our research into low-carbon technologies.

We seek to contribute to building a more sustainable world, based on the principles of safety, respect for the environment and total attention to people. This includes the implementation of policies and actions aimed at promoting diversity, equity and inclusion in the countries where we operate, as well as the health, well-being and physical and psychological safety of our employees.

We operate an integrated chain that goes beyond the production of oil and gas, ensuring safe and efficient transportation to our refineries and natural gas treatment units.

Our main products marketed in Brazil and worldwide are oil, diesel oils, gasolines, natural gas, power, jet fuel, SAF (sustainable aviation fuel), LPG (Liquefied Petroleum Gas), naphtha, asphalt products, base oils, paraffins, solvents, biodiesel, co-processed diesel, bunker, bunker with renewable content and fuel oils.

Ancora Operations in Brazil

Operations in Brazil

Our activities are focused on oil reservoirs in deepwater and ultra-deepwater in Brazil, which accounted for 98% of our total production in 2025. We also have activities in mature fields in shallow waters and onshore, as well as outside Brazil. Brazilian exploration and production assets represent 99.6% of our global oil production.

We operate most of the refining capacity in Brazil, distributed across the Southeast, South and Northeast regions. This infrastructure allows us to serve a large part of the market in these regions and other parts of the country through direct deliveries, pipelines and cabotage. We meet our demand for oil products mainly through the domestic refining of crude oil, as defined in the periodically integrated operational planning process, always seeking to maximize value for the company.

We are responsible for one of the largest natural gas-fired thermoelectric capacities in Brazil. Regarding natural gas, we operate across the entire chain of production, flow, processing, transportation, natural gas import and Liquefied Natural Gas (LNG) import, LNG regasification, gas supply for own consumption and marketing in the market.

In June 2024, the Executive Board approved the resumption of operational activities at the Araucária Nitrogenados S.A. (ANSA) fertilizer plant, a wholly-owned subsidiary of the company.

We are also engaged in the production of biofuels through the subsidiary Petrobras Biocombustível (PBio), responsible for the sustainable production of biofuel for the Brazilian road market.

In addition, our wholly-owned logistics subsidiary, Petrobras Transporte S.A. (Transpetro), operates a network of more than eight thousand kilometers of oil pipelines and gas pipelines, as well as 46 terminals – 25 waterway and 21 land terminals – which support the flow of oil, oil products, biofuels and natural gas. In the maritime transportation segment, Transpetro’s fleet is composed of 33 vessels, with a transportation capacity of 3.2 million deadweight tons, of which 26 are owned and seven are chartered through the subsidiary Transpetro International BV (TIBV).

Ancora International operations

International operations

On December 31, 2025, we maintained activities in nine countries, in addition to Brazil: Argentina, Bolivia, China, Colombia, United States of America, Netherlands, Democratic Republic of São Tomé and Príncipe, South Africa and Singapore. In Latin America, these activities are mostly concentrated in hydrocarbon exploration and production operations, with an emphasis on natural gas. In Colombia, we also operate in the liquid fuel distribution segment.

The year 2025 consolidated the resumption of our operations on the African continent, as part of the reserve replacement strategy, and our presence in Asia through PB China, in Shanghai, a company dedicated to the expediting of our projects under execution in this region.

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