Petrobras

Rio de Janeiro-based oil company

Overview

Petrobras (Petróleo Brasileiro) is Brazil’s largest company, with 2025 net revenue of R$497.5bn and net profit of R$110.6bn in the Exame ranking.[1] It explores for and produces oil and natural gas and has refining, transport, marketing, gas and low-carbon energy segments.[3] Fortune records the Brazilian government as owning 50% or more of the company and places it 131st in the world, with revenue of US$89.2bn.[5][2]

Petrobras strengths and limitations

Strengths

  • High profitability
  • Large deepwater production base

Limitations

  • Revenue fell 2.4% in 2025
  • Concentrated in Brazil

Appears in

Petrobras peers and competitors

Companies ranked in the same lists as Petrobras.

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