We operate in 24 countries, in addition to Brazil. We operate as an integrated energy company in these sectors: exploration and production, refining, trade and transportation of oil and natural gas, petrochemicals, distribution of oil derivatives, electricity, biofuels, and other sources of renewable energy. Our 2012-2016 business plan foresees investments in the order of $236.5 billion.

We have upwards of 100 production platforms, 16 refineries, 30,000 kilometers of pipelines and more than 6,000 service stations. Our proved reserves are around 14 billion barrels of oil, a figure expected to double in the next few years with the discovery of oil and gas in the pre-salt region.

We have built a track record of overcoming challenges since 1953, when the company was created. The main one was developing technology to explore and produce oil in deep and ultra-deep waters, where upwards of 90% of our reserves are nestled. Petrobras' Research Center is the biggest in Latin America, and is in constant growth.

We undertake our activities with socioenvironmental responsibility, and that is why we are among the world's most sustainable corporations. We have been listed on the Dow Jones Sustainability Index since 2006, with the spotlight on the ongoing improvement of the corporate governance practices and on the adoption of international transparency standards.

Sustainability Report 2011


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