Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 3

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 3
---
 wells.                                                                                                     
Wildcat                 An                                                                                                                                        
Well                    exploration well that is drilled in areas with no oil and gas production history. Wildcat wells face a substantial risk of being          
                        dry holes.                                                                                                                                
YPF                     YPF                                                                                                                                       
                        Sociedad Anónima or YPF S.A.                                                                                                              
YPFB                    Yacimientos                                                                                                                               
                        Petroliferos Fiscales Bolivianos.                                                                                                         

Annual Report and Form 20-F 2024 |
<{self.tag} alt="{self.alt}" src="{self.src}">
About us
 
We are a Brazilian partially state-owned company, one of the largest producers of oil and gas in the world according to Bloomberg, primarily engaged in exploration and production, refining, energy generation and trading. We have expertise in exploration and production in deep and Ultra-deepwaters as a result of almost 50 years of developing Brazil’s offshore basins, a leader worldwide in this segment.
 We are committed to being the best energy company in terms of diversification, integration and value generation, reconciling the focus on oil and gas with low carbon businesses. Accordingly, we are adopting different strategies for the specific segments in which we operate, investing in the decarbonization of our operations, in the generation of renewable energy, and in sustainable fuels. Furthermore, we are expanding our research in the field of low carbon businesses.
 We seek to build a more sustainable world, with the principles of safety, respect for the environment, and full attention to people’s needs, such as: policies and implementation actions to promote diversity, equity and inclusion, in the countries where we operate, as well as the health, well-being and physical and psychological safety of employees.
 We are one of the largest companies in market capitalization in Latin America according to Bloomberg, with a market capitalization of US$81.0 billion as of December 31, 2024. We have over 49 thousand employees (including subsidiaries in Brazil and abroad).

Datasheet
---------

                                                                    Name                                                                    
                                            of the company: Petróleo Brasileiro S.A. – Petrobras                                            
                                                                    Date                                                                    
                                                           of Incorporation: 1953                                                           
                                                                  Country                                                                   
                                                          of Incorporation: Brazil                                                          
                                                                Registration                                                                
                                                          number at the CVM: 951-2                                                          
                                                                  Central                                                                   
                                                   Index Key (CIK) at the SEC: 0001119639                                                   
                                                                  Address                                                                   
                    of principal executive office: Avenida Henrique Valadares,