Who Does Petrobras' Serve?
Petrobras serves mainly the energy market. Its Downstream operations, seek to serve the exploration and production of key energy products, such as crude oil, gas etc.
Who are Petrobras' main competitors?
Petrobras' main competitors consist of other oil-majors, whose business consists of both Upstream and Downstream service.
These include:British PetroleumChevronExxon-MobilRoyal Dutch ShellOPEC
What are the company's competitive advantages:
Competition is largely based around quality of assets, and operational efficiency . This then determines profitability, with competitors increasingly looking to undercut each others operations through temporary increases in supply, so to drive out noncompetitive producers.
Has 3 Business Divisions:
Upstream operations look to largely serve end-products such as fuel for automobiles/airlines, and other crude based products. The company has a range of Upstream assets in Argentina, Bolivia, Chile, Colombia, Venezuela, Paraguay, and Uruguay. It also has assets in Texas and Japan, each of which produce 100,000 b/day. It owns explorations blocks in the Gulf of Mexico, and joint production ventures in Nigeria, Benin, Gabon and Namibia.
Downstream operations consist of refining, transportation and marketing. Petrobras produces, bio-fuels and co-related ethanol products, refined crude oil, LNG products. The division is also responsible for import and export of crude and petrochemical investments.
Electricity & Biofuels:
The company produces electricity using biofuels, and serves most of mainland Brazil.