Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2015 was 2.8 million barrels of oil equivalent a day (79% oil), and reserves stood at 10.4 billion boe (83% oil). Petrobras operates 12 refineries in Brazil with a capacity of 2 million barrels a day and distributes refined products and natural gas throughout Brazil.
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