Repsol in Brazil

Brazil is the fifth-largest country in the world and in economic terms, it is the largest economy in Latin America. In this way the energy industry has been a positive contribution, thanks to the oil and natural gas reserves that are considered the second largest in the continent. It borders every country of the continent except Ecuador and Chile, and its 7,491-kilometer coastline borders the Atlantic Ocean.

We arrived in Brazil in 1997 as one of the first companies to address the technological and operational challenges in the area. Over the last two decades, we have participated in the entire oil and gas value chain, in addition to the importing, sale, and distribution of basic oils and leading petrochemical products. Since 2010, we have been developing our upstream operations through the joint venture Repsol Sinopec Brasil; and today we are one of the largest producers of oil and gas in the country.

In addition to selling and distributing lubricants through our subsidiary in the country, we also sell and distribute our wide range of specialized products (paraffins, emulsion waxes, sulfur, high purity gases, petcoke, bases, and extender oils) that are applied in a variety of sectors such as candles, rubber, automotives, cosmetics, food, agriculture, and more.

We develop lubricants in response to more demanding quality regulations set by international organisms and engine manufacturers who test, utilize, and recommend our products. We have a wide range of products for the automobile, industrial, marine, and boating sectors, among others, that are distributed throughout different regions of the country.


Main figures, lines of action, and facilities map

A Repsol operator in Brazil at a plant

Sinopec Repsol exploration activities

Repsol Sinopec Brasil is a leading company in hydrocarbon exploration and production in the country. This highly-potential strategic postion includes drilling rights in seven blocks and a wide portfolio of assets. In recent years, we've also made important discoveries in diverse blocks with positive results.

Learn more about our Upstream operations in the areas of Pão de Açúcar, Seat and Gávea, Sapinhoá and Lapa, Albacora Leste, Sagitário, and ES-M-667.

Last updated: December 2023