Petroleo Brasileiro SA - Company Profile
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Petroleo Brasileiro SA (Petrobras) is an integrated oil and gas company with a market leadership position in refining and a substantial reserve base. Despite facing HSE-related issues that raise concerns, the company's improved operating performance has the potential to strengthen its operations. Petrobras can leverage new contracts and agreements, strategic divestments, and tap into the global consumption of liquid fuels to seize growth opportunities. However, the company is exposed to challenges such as fluctuating oil prices, risks associated with exploration and development and intense competition, which could impact its operations.
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