Petrobras Energía Participaciones S.A.Buenos Aires, Argentina (NYSE: PZE)

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Petrobras Energía Company Description

Petrobras Energía Participaciones (formerly Perez Companc) controls 76% of Petrobras Energía (formerly Pecom Energía), an Argentine energy conglomerate. Petrobras Energía's main business is oil and gas exploration and production. It has operations in eight South American countries. In 2007 it reported estimated proved reserves of 482.7 million barrels of oil equivalent, mostly oil and natural gas liquids. Other operations include refineries and petrochemical plants, and electricity generation. Petrobras Energía was involved in agriculture, construction, mining, and telecommunications but exited these to focus on oil and gas. The company is a subsidiary of PETROBRAS.

View the Comprehensive Company Description for Petrobras Energía

The Company Description provides a historical perspective of Petrobras Energía's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Petrobras Energía's evolution in the marketplace.

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