Petrobras is an integrated energy company operating in oil exploration, production, refining, and petrochemicals. It has significant upstream and downstream operations both within Brazil and internationally. The company's 2007-2011 business plan includes $87.1 billion in investments, with 56% going to exploration and production projects. Some of the major projects over this period aim to boost Brazil's oil production capacity substantially through new offshore oil field developments and production platforms.
The document provides an overview of Petrobras' financial results for the first quarter of 2007. Some key points:
- Oil and gas production decreased 1.2% domestically due to scheduled platform maintenance, while international production fell 3% due to unrest in Ecuador.
- Revenue fell 5.2% from the previous quarter due to lower sales volumes and oil prices. Operating profit rose 15% through cost reductions.
- Net income declined 20.6% to R$4.1 billion, impacted by higher financial expenses from currency fluctuations and an absence of tax benefits from the prior quarter.
- Investments totaled R$8.3 billion, with 48% toward E&P and 23
Biodiesel Opportunities in the SoutheastETCleanFuels
This document provides an overview of a presentation on biodiesel opportunities in the Southeast United States. The agenda includes discussions on biodiesel basics, federal and state policies supporting biodiesel, infrastructure, blending economics, and an overview of Renewable Energy Group. The presentation aims to educate attendees on biodiesel production from multiple feedstocks, federal drivers like the Renewable Fuel Standard and blenders tax credit, state-level incentives and mandates, and how renewable identification numbers work to help obligated parties meet requirements.
"Latin America Perspectives and Opportunities"Petrobras
1) Petrobras is Brazil's state-controlled oil company that is market-oriented and profitable. It had the highest trading volume on the NYSE of any company in 2006.
2) While controlled by the Brazilian government, Petrobras complies with international governance standards and operates internationally, using advanced technologies.
3) Petrobras' investment plan from 2007-2011 is $87.1 billion, with 56% going to upstream oil and gas production as Brazil aims to become self-sufficient in oil.
Compression Ignition Engine Modifications for Straight Vegetable Oil Fuel XZ3
This document discusses modifications made to allow a stationary diesel engine commonly used in developing countries to run on straight plant oils as a fuel substitute. The modification kit includes a preheating system and adjustments to the injector pressure and timing to improve atomization given plant oils' unique properties compared to diesel. Testing showed that with preheating of the high pressure fuel line and changes to injection parameters, the engine could efficiently utilize plant oils with performance similar to diesel, providing a potentially lower cost and sustainable fuel for remote rural areas.
Pembina is a leading North American energy infrastructure provider operating for nearly 60 years. It owns and operates over 7,850 km of conventional oil and gas pipelines across Western Canada, transporting about half of Alberta's crude oil and 30% of natural gas liquids. Pembina also has oil sands and heavy oil pipelines, gas processing facilities, and midstream infrastructure like storage facilities and terminals, providing an integrated network to serve the energy industry across the hydrocarbon value chain.
This document discusses the benefits of biodiesel fuel. It provides 10 key reasons why customers are using biodiesel, including that it is categorized as an advanced biofuel under the Renewable Fuel Standard, has significantly lower carbon emissions than petroleum diesel, has a high energy balance returning over 5 units of energy for every 1 unit used to produce it, and supports sustainability and energy security by providing a domestic fuel source. The document is intended to educate technicians and customers on the technical and environmental benefits of biodiesel.
This document proposes a project to distribute clean cookstoves in Indonesia to reduce carbon emissions. Over 5 years, the project aims to distribute 10,000 cookstoves in Majalengka, West Java and partner with local companies to supply used cooking oil to fuel the stoves. The project expects to generate revenue from cookstove sales and carbon credits from verified emissions reductions. Financial projections estimate the project will reach profitability in year 2 and have a 50% internal rate of return over 5 years.
This document outlines a proposal for a clean cookstove project in Indonesia. The project would distribute 8,000 improved cookstoves called "Protos" over 5 years that reduce emissions and use waste cooking oil as fuel. It would partner with local companies and charities, and generate revenue from stove, fuel, and preheating material sales as well as carbon credits under the Clean Development Mechanism. Financial projections estimate the project will have a positive NPV, 50% IRR, and reach the break-even point in the second quarter of the second year.
The document provides an overview of Petrobras' financial results for the first quarter of 2007. Some key points:
- Oil and gas production decreased 1.2% domestically due to scheduled platform maintenance, while international production fell 3% due to unrest in Ecuador.
- Revenue fell 5.2% from the previous quarter due to lower sales volumes and oil prices. Operating profit rose 15% through cost reductions.
- Net income declined 20.6% to R$4.1 billion, impacted by higher financial expenses from currency fluctuations and an absence of tax benefits from the prior quarter.
- Investments totaled R$8.3 billion, with 48% toward E&P and 23
Biodiesel Opportunities in the SoutheastETCleanFuels
This document provides an overview of a presentation on biodiesel opportunities in the Southeast United States. The agenda includes discussions on biodiesel basics, federal and state policies supporting biodiesel, infrastructure, blending economics, and an overview of Renewable Energy Group. The presentation aims to educate attendees on biodiesel production from multiple feedstocks, federal drivers like the Renewable Fuel Standard and blenders tax credit, state-level incentives and mandates, and how renewable identification numbers work to help obligated parties meet requirements.
"Latin America Perspectives and Opportunities"Petrobras
1) Petrobras is Brazil's state-controlled oil company that is market-oriented and profitable. It had the highest trading volume on the NYSE of any company in 2006.
2) While controlled by the Brazilian government, Petrobras complies with international governance standards and operates internationally, using advanced technologies.
3) Petrobras' investment plan from 2007-2011 is $87.1 billion, with 56% going to upstream oil and gas production as Brazil aims to become self-sufficient in oil.
Compression Ignition Engine Modifications for Straight Vegetable Oil Fuel XZ3
This document discusses modifications made to allow a stationary diesel engine commonly used in developing countries to run on straight plant oils as a fuel substitute. The modification kit includes a preheating system and adjustments to the injector pressure and timing to improve atomization given plant oils' unique properties compared to diesel. Testing showed that with preheating of the high pressure fuel line and changes to injection parameters, the engine could efficiently utilize plant oils with performance similar to diesel, providing a potentially lower cost and sustainable fuel for remote rural areas.
Pembina is a leading North American energy infrastructure provider operating for nearly 60 years. It owns and operates over 7,850 km of conventional oil and gas pipelines across Western Canada, transporting about half of Alberta's crude oil and 30% of natural gas liquids. Pembina also has oil sands and heavy oil pipelines, gas processing facilities, and midstream infrastructure like storage facilities and terminals, providing an integrated network to serve the energy industry across the hydrocarbon value chain.
This document discusses the benefits of biodiesel fuel. It provides 10 key reasons why customers are using biodiesel, including that it is categorized as an advanced biofuel under the Renewable Fuel Standard, has significantly lower carbon emissions than petroleum diesel, has a high energy balance returning over 5 units of energy for every 1 unit used to produce it, and supports sustainability and energy security by providing a domestic fuel source. The document is intended to educate technicians and customers on the technical and environmental benefits of biodiesel.
This document proposes a project to distribute clean cookstoves in Indonesia to reduce carbon emissions. Over 5 years, the project aims to distribute 10,000 cookstoves in Majalengka, West Java and partner with local companies to supply used cooking oil to fuel the stoves. The project expects to generate revenue from cookstove sales and carbon credits from verified emissions reductions. Financial projections estimate the project will reach profitability in year 2 and have a 50% internal rate of return over 5 years.
This document outlines a proposal for a clean cookstove project in Indonesia. The project would distribute 8,000 improved cookstoves called "Protos" over 5 years that reduce emissions and use waste cooking oil as fuel. It would partner with local companies and charities, and generate revenue from stove, fuel, and preheating material sales as well as carbon credits under the Clean Development Mechanism. Financial projections estimate the project will have a positive NPV, 50% IRR, and reach the break-even point in the second quarter of the second year.
Apresentação citigroup 14a conferência anual da américa latina (inglês)Braskem_RI
Braskem held its 14th Annual Latin America Conference in New York City in March 2006. The presentation contained forward-looking statements and discussed Braskem's company overview, 4Q05 and FYE 2005 results, and future growth and value creation opportunities. Key highlights included record net income of $270 million in 2005, consistent EBITDA growth since 2002, and sound capital structure with declining financial leverage and average debt maturity of 11 years.
Green Power: From Diesel Engines Burning Biological Oils and Recycled Fat XZ3
The document discusses MAN B&W Diesel's testing and use of liquid biofuels such as vegetable oils, waste oils, and recycled fat in medium-speed diesel engines for power generation. Workshop tests showed biofuels can be used with no major impacts to engine performance or emissions. Commercial operations have logged over 15,000 hours burning various biofuels with good reliability. The possibility of combining cost-effective and environmentally friendly power generation makes optimizing biofuel combustion in diesel engines important for renewable energy.
The document is Smithfield Foods' annual report for fiscal year 2007. It summarizes the company's financial performance, including sales of $11.9 billion and income from continuing operations of $188.4 million. It discusses Smithfield's strategy of acquiring other meat companies to expand its operations in the US and Europe, including the acquisitions of Sara Lee's European meats business and ConAgra's branded meats business. It also describes Smithfield's focus on increasing sales of higher-margin convenience meat products and penetrating regional US packaged meats markets.
Holly Corporation operates three petroleum refineries in the western United States with a total refining capacity of 107,500 barrels per day. In 2003, Holly acquired the Woods Cross Refinery from ConocoPhillips and increased its overall refining capacity. Holly also purchased an additional interest in the Rio Grande pipeline joint venture and sold its Iatan crude oil gathering system. Holly reported significant increases in sales, income, earnings per share and other financial metrics in 2003 compared to 2002, demonstrating strong financial performance.
This document summarizes the results of a field testing program that evaluated the performance of different diesel engine oils at extended oil drain intervals. In a 59-truck trial conducted over 2-3 years, the data showed that using a premium mineral diesel oil allowed safe extension of drain intervals compared to a conventional mineral oil. A premium synthetic oil maintained performance at four times the normal drain interval without negatively impacting engine durability. The synthetic oil also provided approximately a 3% reduction in fuel consumption compared to conventional mineral oil.
IRPC has developed Green ABS, the first acrylonitrile-butadiene-styrene polymer to use natural rather than synthetic rubber, cutting synthetic rubber usage by 20-50%. This supports IRPC's sustainable business strategy. Green ABS offers opportunities to save $8.5 million annually in imported butadiene costs while reducing CO2 emissions by 0.7 million tons per year. The bio-based product development aligns with market demand and sustainability requirements.
Apresentação conferência latin energy 2005 (inglês)Braskem_RI
This document contains forward-looking statements from Braskem about its strategic goals and operational performance. It summarizes that Braskem aims to become the largest petrochemical company in Latin America. It also reports that Braskem has captured $350 million in recurring synergies, has the largest production scale in the region, and has achieved high capacity utilization rates between 95-97% despite challenges in 3Q05 from higher naphtha costs and currency appreciation. Sales of thermoplastic resins increased 18% from the prior quarter and 8% over 9 months. However, EBITDA declined 53% quarter-over-quarter and 15% over 9 months due to price and raw material factors.
This document discusses European standards and regulations for biofuels. It outlines the EU policy to increase the required percentage of biofuels blended into transportation fuels to 5.75% in 2010, 7% in 2015, and 10% in 2020. It also summarizes the progress made in developing CEN standards for biodiesel (EN 14214) and ethanol (prEN 15376) and the need to further develop standards to allow higher blends of biofuels to match advances in engine technology. The conclusion states that high-quality biofuel standards compatible with engine requirements are essential to enable the sustainable use of biofuels blended with fossil fuels.
The document summarizes an investor and analyst forum held by Darling Ingredients on September 12, 2012. It discusses Darling's history of over 130 years transforming waste streams from the food industry into value-added ingredients. It highlights Darling's continued innovation in finding new ways to create sustainable renewable products. The document also provides an overview of Darling's operations, products, growth opportunities, and risk management strategies.
Cermaq ASA presented at Pareto Securities in Oslo on June 14th, 2012. The presentation highlighted that aquaculture is a sustainable way to meet the growing global demand for protein as wild fish populations are overexploited. Cermaq is a global salmon farmer with operations in Chile, Norway, Canada, and Scotland. In 2011, Cermaq had record operating results and cash flow. The company's EWOS feed division also had its best year ever with strong volume growth. Cermaq maintains a solid financial position with low debt levels. The outlook for 2012 forecasts continued volume growth across Cermaq's operations.
Diesel fuel has many important uses that support the global economy. Its major uses are for on-road transportation, primarily trucks, which account for nearly 60% of diesel fuel consumed in the US. Other key uses include farming, rail transportation, marine shipping, off-road vehicles, electric power generation, and military transportation. Sales of on-road diesel fuel in the US have risen steadily in recent years as the economy has grown, reaching over 37 billion gallons in 2004. Diesel fuel plays a vital role in moving goods efficiently throughout the economy.
RIL is merging with RPL to unlock synergies from combined operations. The merger will enhance RIL's competitiveness in the energy value chain by providing access to RPL's state-of-the-art refinery with superior product slate and margins. As an integrated energy company, RIL will receive higher valuations than as separate refining entities. The merger creates one of the world's largest refining companies and producers of ultra-clean fuels.
1) Navistar supports the use of biodiesel blends up to B5 and recommends blends up to B20 if they meet ASTM and EMA specifications.
2) Biodiesel blends have different characteristics than diesel fuel and require specific storage, handling, and maintenance practices to avoid fuel system problems.
3) Biodiesel blends can provide emissions benefits but may increase NOx levels in some engines; impacts depend on the engine and technology.
(1) NexusG aims to eliminate wastage of food, water, and energy resources in India by collecting, processing, and distributing them in a way that generates the highest value and no wastage.
(2) Their goals for 2020 include converting 100 million tons of agricultural residue into useful fuel and energy and establishing a cold storage network with 100,000 tons of capacity for perishable foods.
(3) Their business model focuses on setting up biomass briquetting plants, carbonizing plants, and charcoal processing facilities in a franchise model to process agricultural waste and create fuel, heat, and value-added products at local levels.
This document discusses Molycorp's plans to build a rare earth supply chain from mine to magnets. It highlights Molycorp's successful IPO in 2010 that raised $378.6 million. Construction has started on a new facility and mining has restarted at their Mountain Pass, California site. Their goal is to produce a range of rare earth elements, including lanthanum, cerium, neodymium, and dysprosium, which are critical components in technologies like wind turbines, electric vehicles, and water treatment. Molycorp aims to ramp production to 40,000 metric tons per year of rare earth oxides by 2012 to meet growing demand and establish a domestic rare earth supply chain.
The document discusses lubricant additives that are important components in engine oils beyond just the base oil. It explains that additives like dispersants, detergents, antiwear agents, and others are formulated to optimize performance across attributes like engine cleanliness, wear control, and fuel economy. Graphs and diagrams show how these additive molecules interact with surfaces and particles to inhibit aggregation and neutralize acids from engine blow-by. Selecting the right combination and amounts of additives is necessary to balance performance factors.
UBS - Latin America Emerging Market - One on One Conference”Petrobras
Petrobras is a Brazilian integrated energy company that operates across the oil and gas value chain from exploration and production to refining, distribution, and trading of oil products. The presentation provides an overview of Petrobras, including its investment plan of $87.1 billion from 2007 to 2011 which allocates most funding to expanding exploration and production activities in Brazil and internationally. It also shows Petrobras has a diversified shareholder base including both Brazilian and international investors.
8º Foro Latibex - Strategic Plan and 3rd Quarter ResultsPetrobras
This document contains a presentation by Petrobras executives discussing the company's strategic plan and 3rd quarter results for 2006. The presentation outlines Petrobras' key drivers and business strategies, including expanding natural gas and downstream operations. It provides macroeconomic assumptions for 2007-2011 and details Petrobras' $87 billion investment plan over that period focused on exploration and production, downstream activities, and international expansion. Production targets, main projects, and financial targets are also summarized.
Latin America Perspectives and OpportunitiesPetrobras
Petrobras is a Brazilian state-controlled oil company that is seeking to become self-sufficient in oil production and refining. It has invested $87 billion from 2007-2011, with over half going to upstream exploration and production. Petrobras aims to increase its total oil, natural gas, and oil equivalent production by over 7.5% annually through 2011. It is also expanding into renewable fuels like ethanol and biodiesel to meet growing energy demand and reduce dependence on imported oil. Petrobras has fully integrated infrastructure for transporting oil, ethanol and other fuels via pipelines, ships and refineries.
This document provides an overview and 2Q results presentation by Petrobras CFO Almir Barbassa. Some key points:
- Petrobras' investment plan from 2007-2011 totals $87.1 billion, with 56% going to E&P to focus on growth in light oil and natural gas production and reserves.
- Financial targets include average return on capital employed of 16% from 2007-2011 and maintaining net debt to equity ratio below 25%.
- Major production growth projects through 2011 include the P-50, P-34 and other platforms that will contribute an additional 560,000 bpd of capacity in 2007 alone.
- From 2011-2015, 15 large projects are planned to
Petrobras is a fully integrated Brazilian energy company operating across the hydrocarbon chain from exploration and production to distribution. It has significant oil and gas reserves, production, refining capacity, and market share in Brazil. Petrobras' 2013-2017 business plan focuses on capital discipline and performance improvement to maintain an investment grade rating. The plan allocates over $200 billion to upstream projects in Brazil and segments like downstream and gas and power, with the aim of generating $32 billion in savings by 2016 through cost optimization programs.
Apresentação citigroup 14a conferência anual da américa latina (inglês)Braskem_RI
Braskem held its 14th Annual Latin America Conference in New York City in March 2006. The presentation contained forward-looking statements and discussed Braskem's company overview, 4Q05 and FYE 2005 results, and future growth and value creation opportunities. Key highlights included record net income of $270 million in 2005, consistent EBITDA growth since 2002, and sound capital structure with declining financial leverage and average debt maturity of 11 years.
Green Power: From Diesel Engines Burning Biological Oils and Recycled Fat XZ3
The document discusses MAN B&W Diesel's testing and use of liquid biofuels such as vegetable oils, waste oils, and recycled fat in medium-speed diesel engines for power generation. Workshop tests showed biofuels can be used with no major impacts to engine performance or emissions. Commercial operations have logged over 15,000 hours burning various biofuels with good reliability. The possibility of combining cost-effective and environmentally friendly power generation makes optimizing biofuel combustion in diesel engines important for renewable energy.
The document is Smithfield Foods' annual report for fiscal year 2007. It summarizes the company's financial performance, including sales of $11.9 billion and income from continuing operations of $188.4 million. It discusses Smithfield's strategy of acquiring other meat companies to expand its operations in the US and Europe, including the acquisitions of Sara Lee's European meats business and ConAgra's branded meats business. It also describes Smithfield's focus on increasing sales of higher-margin convenience meat products and penetrating regional US packaged meats markets.
Holly Corporation operates three petroleum refineries in the western United States with a total refining capacity of 107,500 barrels per day. In 2003, Holly acquired the Woods Cross Refinery from ConocoPhillips and increased its overall refining capacity. Holly also purchased an additional interest in the Rio Grande pipeline joint venture and sold its Iatan crude oil gathering system. Holly reported significant increases in sales, income, earnings per share and other financial metrics in 2003 compared to 2002, demonstrating strong financial performance.
This document summarizes the results of a field testing program that evaluated the performance of different diesel engine oils at extended oil drain intervals. In a 59-truck trial conducted over 2-3 years, the data showed that using a premium mineral diesel oil allowed safe extension of drain intervals compared to a conventional mineral oil. A premium synthetic oil maintained performance at four times the normal drain interval without negatively impacting engine durability. The synthetic oil also provided approximately a 3% reduction in fuel consumption compared to conventional mineral oil.
IRPC has developed Green ABS, the first acrylonitrile-butadiene-styrene polymer to use natural rather than synthetic rubber, cutting synthetic rubber usage by 20-50%. This supports IRPC's sustainable business strategy. Green ABS offers opportunities to save $8.5 million annually in imported butadiene costs while reducing CO2 emissions by 0.7 million tons per year. The bio-based product development aligns with market demand and sustainability requirements.
Apresentação conferência latin energy 2005 (inglês)Braskem_RI
This document contains forward-looking statements from Braskem about its strategic goals and operational performance. It summarizes that Braskem aims to become the largest petrochemical company in Latin America. It also reports that Braskem has captured $350 million in recurring synergies, has the largest production scale in the region, and has achieved high capacity utilization rates between 95-97% despite challenges in 3Q05 from higher naphtha costs and currency appreciation. Sales of thermoplastic resins increased 18% from the prior quarter and 8% over 9 months. However, EBITDA declined 53% quarter-over-quarter and 15% over 9 months due to price and raw material factors.
This document discusses European standards and regulations for biofuels. It outlines the EU policy to increase the required percentage of biofuels blended into transportation fuels to 5.75% in 2010, 7% in 2015, and 10% in 2020. It also summarizes the progress made in developing CEN standards for biodiesel (EN 14214) and ethanol (prEN 15376) and the need to further develop standards to allow higher blends of biofuels to match advances in engine technology. The conclusion states that high-quality biofuel standards compatible with engine requirements are essential to enable the sustainable use of biofuels blended with fossil fuels.
The document summarizes an investor and analyst forum held by Darling Ingredients on September 12, 2012. It discusses Darling's history of over 130 years transforming waste streams from the food industry into value-added ingredients. It highlights Darling's continued innovation in finding new ways to create sustainable renewable products. The document also provides an overview of Darling's operations, products, growth opportunities, and risk management strategies.
Cermaq ASA presented at Pareto Securities in Oslo on June 14th, 2012. The presentation highlighted that aquaculture is a sustainable way to meet the growing global demand for protein as wild fish populations are overexploited. Cermaq is a global salmon farmer with operations in Chile, Norway, Canada, and Scotland. In 2011, Cermaq had record operating results and cash flow. The company's EWOS feed division also had its best year ever with strong volume growth. Cermaq maintains a solid financial position with low debt levels. The outlook for 2012 forecasts continued volume growth across Cermaq's operations.
Diesel fuel has many important uses that support the global economy. Its major uses are for on-road transportation, primarily trucks, which account for nearly 60% of diesel fuel consumed in the US. Other key uses include farming, rail transportation, marine shipping, off-road vehicles, electric power generation, and military transportation. Sales of on-road diesel fuel in the US have risen steadily in recent years as the economy has grown, reaching over 37 billion gallons in 2004. Diesel fuel plays a vital role in moving goods efficiently throughout the economy.
RIL is merging with RPL to unlock synergies from combined operations. The merger will enhance RIL's competitiveness in the energy value chain by providing access to RPL's state-of-the-art refinery with superior product slate and margins. As an integrated energy company, RIL will receive higher valuations than as separate refining entities. The merger creates one of the world's largest refining companies and producers of ultra-clean fuels.
1) Navistar supports the use of biodiesel blends up to B5 and recommends blends up to B20 if they meet ASTM and EMA specifications.
2) Biodiesel blends have different characteristics than diesel fuel and require specific storage, handling, and maintenance practices to avoid fuel system problems.
3) Biodiesel blends can provide emissions benefits but may increase NOx levels in some engines; impacts depend on the engine and technology.
(1) NexusG aims to eliminate wastage of food, water, and energy resources in India by collecting, processing, and distributing them in a way that generates the highest value and no wastage.
(2) Their goals for 2020 include converting 100 million tons of agricultural residue into useful fuel and energy and establishing a cold storage network with 100,000 tons of capacity for perishable foods.
(3) Their business model focuses on setting up biomass briquetting plants, carbonizing plants, and charcoal processing facilities in a franchise model to process agricultural waste and create fuel, heat, and value-added products at local levels.
This document discusses Molycorp's plans to build a rare earth supply chain from mine to magnets. It highlights Molycorp's successful IPO in 2010 that raised $378.6 million. Construction has started on a new facility and mining has restarted at their Mountain Pass, California site. Their goal is to produce a range of rare earth elements, including lanthanum, cerium, neodymium, and dysprosium, which are critical components in technologies like wind turbines, electric vehicles, and water treatment. Molycorp aims to ramp production to 40,000 metric tons per year of rare earth oxides by 2012 to meet growing demand and establish a domestic rare earth supply chain.
The document discusses lubricant additives that are important components in engine oils beyond just the base oil. It explains that additives like dispersants, detergents, antiwear agents, and others are formulated to optimize performance across attributes like engine cleanliness, wear control, and fuel economy. Graphs and diagrams show how these additive molecules interact with surfaces and particles to inhibit aggregation and neutralize acids from engine blow-by. Selecting the right combination and amounts of additives is necessary to balance performance factors.
UBS - Latin America Emerging Market - One on One Conference”Petrobras
Petrobras is a Brazilian integrated energy company that operates across the oil and gas value chain from exploration and production to refining, distribution, and trading of oil products. The presentation provides an overview of Petrobras, including its investment plan of $87.1 billion from 2007 to 2011 which allocates most funding to expanding exploration and production activities in Brazil and internationally. It also shows Petrobras has a diversified shareholder base including both Brazilian and international investors.
8º Foro Latibex - Strategic Plan and 3rd Quarter ResultsPetrobras
This document contains a presentation by Petrobras executives discussing the company's strategic plan and 3rd quarter results for 2006. The presentation outlines Petrobras' key drivers and business strategies, including expanding natural gas and downstream operations. It provides macroeconomic assumptions for 2007-2011 and details Petrobras' $87 billion investment plan over that period focused on exploration and production, downstream activities, and international expansion. Production targets, main projects, and financial targets are also summarized.
Latin America Perspectives and OpportunitiesPetrobras
Petrobras is a Brazilian state-controlled oil company that is seeking to become self-sufficient in oil production and refining. It has invested $87 billion from 2007-2011, with over half going to upstream exploration and production. Petrobras aims to increase its total oil, natural gas, and oil equivalent production by over 7.5% annually through 2011. It is also expanding into renewable fuels like ethanol and biodiesel to meet growing energy demand and reduce dependence on imported oil. Petrobras has fully integrated infrastructure for transporting oil, ethanol and other fuels via pipelines, ships and refineries.
This document provides an overview and 2Q results presentation by Petrobras CFO Almir Barbassa. Some key points:
- Petrobras' investment plan from 2007-2011 totals $87.1 billion, with 56% going to E&P to focus on growth in light oil and natural gas production and reserves.
- Financial targets include average return on capital employed of 16% from 2007-2011 and maintaining net debt to equity ratio below 25%.
- Major production growth projects through 2011 include the P-50, P-34 and other platforms that will contribute an additional 560,000 bpd of capacity in 2007 alone.
- From 2011-2015, 15 large projects are planned to
Petrobras is a fully integrated Brazilian energy company operating across the hydrocarbon chain from exploration and production to distribution. It has significant oil and gas reserves, production, refining capacity, and market share in Brazil. Petrobras' 2013-2017 business plan focuses on capital discipline and performance improvement to maintain an investment grade rating. The plan allocates over $200 billion to upstream projects in Brazil and segments like downstream and gas and power, with the aim of generating $32 billion in savings by 2016 through cost optimization programs.
"Petrobras Domestic E&P - Results and Perspectives" Petrobras
The document provides an overview of Petrobras' domestic exploration and production strategy and operations. Key points include:
- Petrobras aims to increase production and reserves by strengthening expertise in deep waters and optimizing recovery from existing fields.
- As of 2005, Petrobras had proven reserves of 11.8 billion barrels of oil equivalent and produced 1,958 thousand barrels of oil equivalent per day.
- Production is forecasted to increase to 4,556 thousand barrels of oil equivalent per day by 2015, with oil and natural gas production both growing substantially.
- Petrobras seeks to guarantee long-term energy self-sufficiency for Brazil through sustainable reserve replacement and production growth.
The 10th Annual Latin American Conference hosted by Santander will take place from January 17-20, 2006 in Acapulco, Mexico. Raul Adalberto de Campos, the Investor Relations Executive Manager for Petrobras, will present at the conference. The presentation may contain forecasts about future events involving risks and uncertainties that could cause actual results to differ from expectations. Petrobras is not obligated to update any forecasts based on new information.
Petrobras is a technology-based organization that invests heavily in research and development (R&D). In 2006, Petrobras spent $583 million on R&D, with 48% allocated to exploration and production. One of Petrobras' technological programs, called PROGER, focuses on renewable energy like biofuels. PROGER has 66 biofuel projects exploring biodiesel, bioethanol, and synthetic fuels. Petrobras has successfully tested biodiesel production from castor oil using both single-step and two-step processes and is building commercial production facilities. It is also researching non-food bioethanol and hydrogenation of vegetable oils to produce diesel fuel.
Presidente Jose Sergio Gabrielli de Azevedo. Apresentação para o Instituto Fr...Petrobras
Brazil is emerging as a new hotspot for oil production. Petrobras has discovered large pre-salt oilfields offshore Brazil and has ambitious plans to increase production. Production is expected to grow from 2.9 million barrels per day in 2010 to over 5 million barrels per day by 2020, making Brazil one of the largest producers. Petrobras has a fully integrated value chain in Brazil and is focusing on developing local suppliers and technology to support its growth plans. The discoveries are expected to boost the Brazilian economy and make the country less reliant on imported oil.
"Petrobras America Inc. “Business Strategy And Results"Petrobras
Petrobras' $87.1 billion business plan for 2007-2011 focuses on increasing oil and gas production in Brazil and internationally. The plan allocates 56% of capital expenditures to exploration and production (E&P) activities in Brazil, with additional investments in downstream refining and distribution. In the US, Petrobras is pursuing upstream oil and gas exploration and production opportunities, and recently acquired a 50% stake in the Pasadena refinery to expand its downstream business and capture fiscal synergies between upstream and refining operations.
Petrobras is Brazil's national oil company that operates in oil, gas, and energy. It has over 11 billion barrels of oil equivalent in proven reserves and produces over 2 million barrels of oil equivalent per day. Petrobras has extensive exploration and production, refining, transportation, distribution, and petrochemical operations both in Brazil and internationally. The company aims to be an integrated energy company with a strong international presence, focusing on profitability and social/environmental responsibility.
This document provides an overview of Petrobras' performance in 2010. The key points are:
1) Petrobras achieved three major milestones in 2010 - starting up the Lula field pilot system, raising $69.9 billion in the world's largest equity issuance, and signing a contract guaranteeing the right to produce 5 billion barrels of oil.
2) Financially, net profit reached $19.18 billion, a 17% increase over 2009. Total oil and gas production was 2.58 million barrels per day.
3) Investments totaled $45.08 billion, an 8% increase over 2009, focused on increasing production, improving refining facilities, and expanding transportation
Petrobras announced results for the 4th quarter and full year 2009. Key highlights include:
1) Petrobras replaced its Brazilian oil and natural gas production for the 17th consecutive year and increased its international reserves.
2) Brazilian oil and gas production increased 6% from 2008 due to new production units coming online. International production grew 6% as well.
3) Petrobras outlined its production targets for 2010 which will see further growth from new systems and enhanced oil recovery projects.
"Petrobras Strategy: Focus on Social and Environmental Performance"Petrobras
Petrobras' corporate strategy focuses on growth, profitability, and social and environmental responsibility. It plans to invest $87.1 billion between 2007-2011, with 86% going to E&P, downstream, and gas and energy projects in Brazil. Petrobras prioritizes good governance through its board of directors, fiscal council, audit committee, and transparency with stakeholders.
01.06.2009 Presentation of Investor Relations Executive Manager, Theodore M....Petrobras
Petrobras is a large, integrated energy company headquartered in Brazil. It operates across the entire oil and gas value chain, including exploration and production, refining, transportation and marketing. Some key points:
- Petrobras has significant oil and gas reserves, especially in large pre-salt fields located off the coast of Brazil. It is investing heavily to develop these reserves.
- Production is expected to grow substantially through 2020 as more pre-salt and other new fields come online, especially in Brazil.
- Petrobras maintains financial discipline and targets an investment-grade credit rating. It carefully plans investments to support growth while managing leverage.
- The company has a dominant position in Brazil
This document provides an overview of Mitsubishi UFJ Securities Brazil Day Conference in 2008. It includes the following key points:
1) Petrobras has operations across the oil and gas value chain including exploration and production, refining, distribution, petrochemicals, gas and energy, and biofuels.
2) In 2007, exploration and production accounted for over 80% of Petrobras' income from operations.
3) Petrobras' strategy is focused on integrated growth across its businesses and expanding operations in South America.
4) Petrobras has a balanced portfolio with both upstream and downstream operations. It has over 13 billion barrels of oil reserves and operates 11 ref
18.11.2008 Apresentação do Diretor Financeiro e de Relacões com Investidores...Petrobras
Petrobras held its "Brazil Day" conference in 2008 to provide information on its operations and strategy. The document discusses Petrobras' financial results, integrated operations across exploration, production, refining, distribution and other areas. It outlines the company's goal of sustainable growth across key markets in Brazil and internationally through expanding production and reserves, and developing natural gas and other energy markets. Major projects underway from 2007-2012 are also highlighted to increase oil and gas production capacity.
18 11-2008 Mitsubishi UFJ Securities - Brazil Day Conference 2008 no Japão (s...Petrobras
Petrobras held its "Brazil Day" conference in 2008 to provide information on its operations and strategy. The presentation discussed Petrobras' financial results, corporate organization, integrated operations, and key upstream projects. It highlighted Petrobras' balanced vertical integration across exploration and production, refining, transportation and marketing. Recent major oil and gas discoveries off the coast of Brazil were also summarized, including the large pre-salt province containing the Tupi and Iara fields.
Petrobras held its "Brazil Day" conference in 2008 to provide information on its operations and strategy. The document discusses Petrobras' financial results, integrated operations across exploration, production, refining, distribution and other areas. It outlines the company's commitment to sustainable development and expanding operations both domestically in Brazil and internationally. Key projects discussed include major new offshore oil field developments in Brazil's prolific pre-salt province.
Petrobras held its annual CEO Energy/Power Conference in September 2008. The presentation provided an overview of Petrobras' corporate organization, key operating results from 2005-2007, recent oil and gas discoveries in Brazil from 2002-2007 including major pre-salt finds, and major projects planned from 2007-2012 aimed at increasing production capacity. It also discussed Petrobras' focus on developing Brazil's domestic supply chain and workforce to support its growing operations.
Similar to "8º Foro Latibex - Petrobras Overview – Petroleum, Gas and Petrochemical” (20)
Strategic Plan 2040 || Business and Management Plan 2019-2023Petrobras
The presentation contains forward-looking statements about future events that are not based on historical facts and are not assurances of future results. Such statements merely reflect the Company’s current views and estimates of future economic circumstances, industry conditions, company performance and financial results. Readers are cautioned that these statements are only projections and may differ materially from actual future results or events. The document also contains certain financial measures that are not recognized under Brazilian GAAP or IFRS and may not be comparable to similarly-titled measures provided by other companies.
Plano Estratégico 2040 || Plano de Negócios e Gestão 2019-2023Petrobras
Este documento descreve a jornada da companhia até o momento, suas ambições para o futuro e os planos para alcançá-las. A companhia busca reduzir custos, dívida e riscos, enquanto aumenta a produção, rentabilidade e investimentos em novas áreas, como renováveis. Seus principais objetivos incluem reduzir acidentes, dívida e aumentar retorno sobre capital empregado.
Petrobras provides an overview and highlights of its operations in the first half of 2018. Key points include a net income of $17 billion, an 18% increase in operating income, and starting production from the first system in the Transfer of Rights area of the Buzios field. Petrobras also anticipates increasing production through 2022 by starting up 19 new production units and expanding its exploratory portfolio by 31% since 2017. The company aims to reduce debt levels through divestments and maintain its 2018-2022 capex at $74.5 billion, focusing investments on pre-salt areas and projects with higher profitability.
Apresentação Investor Day, São Paulo, 2018Petrobras
O documento apresenta as informações da reunião anual com investidores da Petrobras em 2018. Nele, o presidente da Petrobras discute os principais destaques da companhia no ano, incluindo a redução da dívida líquida, aumento do fluxo de caixa livre e entrega consistente das metas de produção. Além disso, o documento aborda a melhoria da governança corporativa e da gestão de riscos da Petrobras.
- Petrobras held its annual investor day in 2018 to discuss the company's performance and future plans
- The CEO highlighted improvements in safety, debt reduction, cash generation, governance, and exploration successes in recent years
- Executives provided details on ongoing debt management initiatives, production increases, cost savings, and new deepwater project startups
- The company aims to further strengthen its financial position while preparing for a low-carbon future through technology investments and portfolio optimization
O documento fornece informações sobre as atividades e desempenho da Petrobras em 2017, incluindo sua transição para uma economia de baixo carbono, transformação digital, desempenho operacional e financeiro, segurança e saúde dos trabalhadores, e contribuições para a sociedade e meio ambiente. A mensagem do presidente destaca os compromissos da empresa com a sustentabilidade, como investimentos em novas tecnologias de baixo carbono e redução de emissões.
FORWARD-LOOKING STATEMENTS:
DISCLAIMER
The presentation may contain forward-looking statements about future events within the meaning of Section 27 A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended, that are not based on historical facts and are not assurances of future results. Such forward-looking statements merely reflect the Company’s current views and estimates of future economic
circumstances, industry conditions, company performance and
financial results. Such terms as "anticipate", "believe", "expect",
"forecast", "intend", "plan", "project", "seek", "should", along with similar or analogous expressions, are used to identify such forward-looking statements. Readers are cautioned that these statements are only projections and may differ materially from
actual future results or events. Readers are referred to the documents filed by the Company with the SEC, specifically the Company’s most recent Annual Report on Form 20-F, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements,
including, among other things, risks relating to general economic
and business conditions, including crude oil and other commodity prices, refining margins and prevailing exchange rates, uncertainties inherent in making estimates of our oil and
gas reserves including recently discovered oil and gas reserves,
international and Brazilian political, economic and social developments, receipt of governmental approvals and licenses and our ability to obtain financing.
Este documento descreve:
1) As previsões contidas na apresentação envolvem riscos e incertezas e não são garantias de resultados futuros.
2) A companhia não se obriga a atualizar previsões com novas informações.
3) Alguns indicadores financeiros não são reconhecidos pelo BR GAAP ou IFRS e não devem ser usados isoladamente.
Apresentação de Pedro Parente no Investor Day Nova YorkPetrobras
Petrobras CEO Pedro Parente presented at an event in New York on October 2, 2017. The presentation included disclaimers about forward-looking statements and non-SEC compliant reserves data. It discussed Petrobras' strengths in deepwater production, integrated operations across Brazil's energy industry, and ongoing work to improve governance, reduce costs and leverage through partnerships and divestments. The Business Plan aims to lower leverage, reduce injury rates, focus capital expenditures, and lower production costs.
Apresentação de Pedro Parente no Investor Day LondresPetrobras
1. The document contains a disclaimer stating that any forward-looking statements are based on estimates and are subject to risks and uncertainties.
2. It then outlines an agenda for a Petrobras Day presentation, including discussing Petrobras at a glance, the oil and gas industry, Brazil's regulatory framework, Petrobras' strengths, recent results, and future planning.
3. The document provides several cautions about non-SEC compliant data and financial measures included in the presentation.
Apresentação de Pedro Parente no Investor Day São PauloPetrobras
1) O documento apresenta avisos sobre previsões e estimativas contidas no material.
2) É informado que termos como "descobertas" não podem ser usados nos relatórios arquivados da companhia segundo as diretrizes da SEC.
3) Há um aviso para investidores norte-americanos sobre indicadores financeiros não reconhecidos pelo BR GAAP ou IFRS.
Este documento apresenta o plano estratégico e de negócios da Petrobras para 2017-2021. O plano visa reduzir custos operacionais em 18% e a dívida líquida da empresa através de parcerias e desinvestimentos. O plano também prevê aumentar a produção de petróleo e gás natural por meio de novos projetos de exploração e produção, principalmente no pré-sal.
Petrobras presents its Strategic Plan for 2017-2021 which focuses on oil and gas production. Key goals include reducing total recordable injury rate by 36% and reducing leverage (net debt to EBITDA ratio) to 1.4 by 2018. The plan prioritizes cost reductions through operational efficiencies, partnerships and divestments. Planned investments total $74.1 billion, with 81% directed towards exploration and production. The plan expects to increase oil and gas production to 3.34 million boe/day by 2021 through development of pre-salt and post-salt assets. Financial measures aim to fund investments without taking on additional net debt over the period.
Strategic Plan and 2017-2021 Business & Management PlanPetrobras
This document outlines Petrobras' strategic plan for 2017-2021. It discusses where the company is currently, with high debt levels and operating costs, and where it wants to be - an integrated energy company focused on oil and gas. The plan details how Petrobras will get there through initiatives like cost reductions, partnerships and divestments, and lower capital expenditures. It establishes metrics to measure success in areas like safety, financial leverage, and production levels. The strategies discussed include optimizing the exploration and production portfolio, increasing efficiency in deepwater production, and strengthening refining and natural gas operations.
Plano Estratégico e Plano de Negócios e Gestão 2017-2021Petrobras
Este documento apresenta o Plano Estratégico e de Negócios da empresa para o período de 2017-2021, com o objetivo de guiar a empresa rumo à sua visão de longo prazo. O plano descreve onde a empresa está atualmente, enfrentando desafios como endividamento e preços baixos de petróleo, e onde deseja chegar, com métricas focadas em segurança e redução da alavancagem. O plano também explica como a empresa pretende alcançar seus objetivos por meio de iniciativas de redução de custos, par
O Conselho de Administração da Petrobras aprovou o Plano de Negócios e Gestão 2015-2019, com objetivos de desalavancagem da companhia e geração de valor para acionistas. O plano prevê reduzir a alavancagem líquida para menos de 40% até 2018 e 35% até 2020, com desinvestimentos de US$ 15,1 bilhões em 2015-2016 e US$ 42,6 bilhões em 2017-2018. A produção total esperada é de 3,7 milhões de barris de óleo equivalente por dia em 2020, com o pré
1) A Petrobras divulgou seus resultados do primeiro trimestre de 2016, apresentando prejuízo líquido de R$ 1,2 bilhão.
2) Os resultados foram impactados negativamente pela queda nos preços do petróleo e câmbio desfavorável.
3) A produção total de petróleo e gás natural da Petrobras no Brasil e no exterior caiu 1% em relação ao trimestre anterior.
The document summarizes Petrobras' 1st quarter 2016 results. Net income decreased 123% to a loss of R$1.2 billion due to lower oil prices, weaker demand, and higher financial expenses. Oil and gas production declined 6% to 2.6 million boed. Lifting costs fell 21% in Brazil and 37% abroad. Refining costs decreased slightly. Downstream sales volumes declined 5-8% while refining utilization remained stable. Cash flow from operations fell 2% to US$6 billion. Investments declined 13% to R$15.6 billion.
"8º Foro Latibex - Petrobras Overview – Petroleum, Gas and Petrochemical”
1. PETROBRAS
PETROBRAS OVERVIEW
Petroleum, Gas and Petrochemical
Latibex
Almir Barbassa
CFO and Investor Relations Officer
November 15, 2006
1
2. PETROBRAS
The presentation may contain forecasts about future events. Such forecasts
merely reflect the expectations of the Company's management. Such terms
as "anticipate", "believe", "expect", "forecast", "intend", "plan", "project",
"seek", "should", along with similar or analogous expressions, are used to
identify such forecasts. These predictions evidently involve risks and
uncertainties, whether foreseen or not by the Company. Therefore, the future
results of operations may differ from current expectations, and readers must
not base their expectations exclusively on the information presented herein.
The Company is not obliged to update the presentation/such forecasts in
light of new information or future developments.
Cautionary Statement for US investors
The United States Securities and Exchange Commission permits oil and gas
companies, in their filings with the SEC, to disclose only proved reserves that
a company has demonstrated by actual production or conclusive formation
tests to be economically and legally producible under existing economic and
operating conditions. We use certain terms in this presentation, such as oil
and gas resources, that the SEC’s guidelines strictly prohibit us from
including in filings with the SEC.
2
3. PETROBRAS
Integration of the Company's Activities
Petrochemical Imported Imported Oil
Plants H - Bio
Oil Products
Biodiesel Oil Products
Throughput
Brazilian Oil sold in Brazil
in Brazil
Production
Ethanol
International Oil International International
Production Refining Sales
Domestic
Natural Gas
Other
Production Energy
Renewables
Imported Gas Infrastructure
Industry
LNG
3
4. PETROBRAS
Vertical Integration Comparison
Majors Average *
4,793
3,176
2,735
National Oil Companies Average **
1,579
1,630
4,329
2011: Petrobras
New Refinery will add 200
thous. bpd capacity 2,296
2010:
Pasadena Refinery revamp
concluded – processing 70
2,114
thous. bpd of heavy oil
Product Sales (thous. bpd)
2,217
Refining (thous. bpd)
3,400 Production (thous. boed)
Year 2011
* Majors: BP, Exxon, Total, Royal Dutch Shell, Chevron, Conoco and Repsol-YPF *** 2004 figures, except for Petrobras (2005)
** NOC: PEMEX, PDVSA, Saudi Amraco, KPC, Pertamina and Sonatrach Source: PIW Intelligence and Petrobras
4
5. PETROBRAS
Investment Plan
Business Plan 2007-2011
US$ 87.1 billion
56% 14%
49.3 U
S$
12
49.3 .1
bi
31.0
23.0 US$ 75.0 bi
1.8
1.8
2.3 3.3 23.0
3% 2.2 3.3 7.5 26%
7.5
1.0
3% 1.0
4% 12.4
9% 86%
E&P Downstream G&E Brazil International
Petrochemical Distribution Corporate
Note: Includes International
5
6. PETROBRAS
Main Projects contributing to the production growth in 2006
FPSO Cidade do
P-50 FPSO Capixaba P-34 Rio de Janeiro
Albacora Leste Golfinho Mod. 1 Jubarte Phase 1
Espadarte Mod. II
Capacity 180,000 bpd Capacity 100,000 bpd Capacity 60,000 bpd
Cap.: 100,000 bpd
April 2006 May 2006 November 2006
December 2006
In 2006, two platforms, P-50 and FPSO Capixaba, have started operating. Until the
end of the year, other two platforms will start-up operation, adding a production
capacity of 440 thousand bpd to the country.
• P-50 is currently producing 164,000 bpd and should reach its production peak by the end of the year.
• FPSO Capixaba is producing 35,000 bpd and should reach its full capacity in 2007.
• P-34 is being tested on the ocean and its start-up is scheduled to November.
• The start-up of FPSO Rio de Janeiro was anticipated form 2007 to December 2006.
6
8. PETROBRAS
Natural gas domestic supply
Million m3/day
Roncador
SPS25 RJS633 Cavalo (P-55)
80 ESS164
2008
2009 2010 Marinho
2010
2011
Urucu
Natural gas Mexilhão 70
70 sales
2007
2009
70.6
Roncador Golfinho 65.2 Parque das
60 (P-54)
2007
Mod 2
2007
Canapu
2008 Tambaú/Uruguá
Conchas
2011
2010
Peroá- Frade
50 Cangoa 2009
Jubarte Fase 2
NG non associated
NG associated
(P-57)
Phase 1 49.4 Marlim Leste
(P-53) 2010
2006 Marlim Sul
40 Manati
ESS130 Mod 2
2009
2008 (P-51)
2006 2008
34.1
30 Piranema Peroá-
Cangoa
27.5 2006
Roncador Phase 2
20 Jubarte
(P-52)
2007
2007
Albacora
Albacora (P-34)
Complemental
Leste 2006 Espadarte
10 (P-50) Mod. 2
2007
2007
2006 Golfinho Mod 1
2006
0
2006 2007 2008 2009 2010 2011
8
9. PETROBRAS
Natural Gas supply extension in Southeast 2006 - 2008
New investments will reduce the country’s dependence on imported gas.
• Production will raise from the current 15.8
million to 40 million m3 per day in 2008 in
the Southeast.
• Development of two new oil and gas
fields in Espírito Santo;
• Increase of natural gas supply from
the Marlim field (Campos Basin);
• Expansion of gas production in the
Merluza field (Santos Basin).
• Demand Flexibilization
• Refineries, Distributors and flex-fuel
thermoelectric plants ( LNG, diesel
and alcohol)
9
10. PETROBRAS
PLANGÁS – Dec. 2008
Cacimbas (20 MM m3/d)
Peroá (10 MM m3/d)
Lagoa parda
Belo Horizonte
Vitória
Pólo Golfinho
ESS-164
ESS-
+16,3 MM m3/d (*)
Ubu Golfinho + Canapu
Pq. Baleias +
Pq.
BC10
Campinas
Cabiúnas Total Southeast:
Garoupa ESS-130
ESS-
Caraguatatuba
Rio de Janeiro 40 MM m3/d
Namorado
Enchova
(+ 24,2 MM m3/d)
REDUC Pampo
RPBC
Plataformas da
UN-BC e UN-RIO
UN- UN-
Tambaú
+6,4 MM m3/d (*)
Mexilhão Uruguá
Merluza - II Merluza
•Development of new fields in Espírito Santos field
Lagosta
(BM-S-3/ BM-S-7,
(BM- BM- (1-ESS-164 and 1-ESS-130)
SPS-25)
SPS-
+1,5 MM m3/d (*) • Increase in Marlim supply (Campos Basin)
(*) Schedules under evaluation • Merluza production expansion (Santos Basin)
(*) Additional to the current supply
10
11. PETROBRAS
Investment Plan – Downstream
US$ 23.1 billion in the downstream ...of which US$ 14.2 billion in refining
segment…
14% 24%
19%
US$ 3.4
US$ 3.2 US$ 2.7
12% US$ 2.8 61%
US$ 14.2
US$ 4.4 US$ 3.7
0
3.
$
26%
US
13% 31%
Refining Expansion
Pipelines & Terminals Transport Product Quality
Ship Transport Conversion
Petrochemical HSE, Maintenance and Other
11
12. PETROBRAS
Additional refining capacity
New Refinery in Pernambuco
• Investment: US$ 2.5 billion;
• Throughput capacity: 200 thousand heavy oil barrels (50%
Petrobras oil / 50% PDVSA oil);
• Focusing diesel and LPG production maximization, the new
refinery will aim the growth of oil products demand in the
Northeast.
•The Northeast Region, which responds for 19% of oil products demand and holds only one refinery
in Bahia, will no longer be a fuel importer (either from refineries in Brazil or abroad);
• Costs reduction: oil products transportation are more expensive than for crude oil.
New Refinery in the USA
• Petrobras has acquired 50% of the Passadena Refinery System
Inc. (PRSI), located in Texas, USA;
•Total Investment: US$ 370 million;
•The refinery, which already has a capacity of 100,000 bbl/day, will
be upgraded to handle 70,000 bbl/day of heavy oil and feedstock
(including Marlim field’s production);
• The upgraded refinery will be ready in four years. After the revamp project all products will match
USA highest standards.
12
13. PETROBRAS
Downstream Investments - Petrochemical investments
Main Projects Basic Petrochemical Unit:
- 150,000 bbl/d of Marlim Oil;
- Products: Diesel, LPG, Ethylene,
Rio de Janeiro Petrochemical Propylene, PX, Benzene and Coke.
Complex
Petrochemical Integrated Complex:
- Polypropylene;
Acrylic Complex /SAP - Polyethylene;
- PTA;
PTA Pernambuco - Ethylene glycol;
- PET;
- Styrene;
Nitrogenated Fertilizers Unit III - Phenol.
Fafen BA
• Investments of US$ 3.3 billion in Petrochemicals;
• Reducing the Brazilian deficit and adding value to
Downstream production.
13