We are one of the largest companies in Brazil with a presence in 25 different countries. We provide an integrated range of services, from exploration and production, to trade, transport and petrochemical products; derived distribution; natural gas; biofuels and electricity.
We have up to 100 production platforms, 16 refineries, 30,000 kilometres of pipelines and more than 6,000 service stations. Our reserves come to about 14 billion barrels of oil, a figure that we expect to double in the years to come. With the discovery of oil and gas in the pre-salt oil region, Brazil could become the world's fourth largest oil producer by 2030.
We have built a proven business to meet the challenges encountered since the company was founded in 1953. The main challenge has been to develop the technology to explore and produce oil in deep and ultra-deep waters, where up to 90% of our reserves were employed. With our innovation and daring, we are now the Brazilian company that performs applications for the majority of patents in Brazil and abroad.
The Petrobras Research Center (CENPES) is the largest centre in Latin America and is growing continuously thanks to the hard work and specialist skills of our employees.
We are committed to doing business in an environmentally-friendly way, which is why we are one of the most sustainable companies in the world. We have been on the Dow Jones sustainability index since 2006, with the focus on constantly improving corporate governance practices and adopting international transparency standards.