| Oil & Gas Production: in 2021 |
11 mmboe |
| Short-Term Expansion: (Next 1–7 Years) |
218 mmboe |
| Capital spent on Exploration: (3-Year-Average) |
$ <1 M |
Listed on the Global Oil & Gas Exit List 2022
264 results Total investment of current selection: $ 2,754 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Shares | Bonds | Total | Shares | Bonds | Total | Shares $M | Bonds $M | Total $M | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | BlackRock | Petro Rio SA | BlackRock | investment | United States | Brazil | North America | South America | $ 425 M | $ 425 M | $ 425 M | $ 425 M | ||||||||
| 2 | 1 | TRUXT | Petro Rio SA | TRUXT | investment | Brazil | Brazil | South America | South America | $ 354 M | $ 354 M | $ 354 M | $ 354 M | ||||||||
| 3 | 1 | Credit Suisse | Petro Rio SA | Credit Suisse | investment | Switzerland | Brazil | Europe (non EU) | South America | $ 229 M | $ 229 M | $ 229 M | $ 229 M | ||||||||
| 4 | 1 | Squadra Investimentos | Petro Rio SA | Squadra Investimentos | investment | Brazil | Brazil | South America | South America | $ 194 M | $ 194 M | $ 194 M | $ 194 M | ||||||||
| 5 | 1 | Vanguard | Petro Rio SA | Vanguard | investment | United States | Brazil | North America | South America | $ 152 M | $ 152 M | $ 152 M | $ 152 M | ||||||||
| 6 | 1 | BTG Pactual | Petro Rio SA | BTG Pactual | investment | Brazil | Brazil | South America | South America | $ 101 M | $ 101 M | $ 101 M | $ 101 M | ||||||||
| 7 | 1 | Sharp Capital | Petro Rio SA | Sharp Capital | investment | Brazil | Brazil | South America | South America | $ 89 M | $ 89 M | $ 89 M | $ 89 M | ||||||||
| 8 | 1 | Itaú Unibanco | Petro Rio SA | Itaú Unibanco | investment | Brazil | Brazil | South America | South America | $ 85 M | $ 85 M | $ 85 M | $ 85 M | ||||||||
| 9 | 1 | American Century Investments | Petro Rio SA | American Century Investments | investment | United States | Brazil | North America | South America | $ 80 M | $ 80 M | $ 80 M | $ 80 M | ||||||||
| 10 | 1 | LarrainVial | Petro Rio SA | LarrainVial | investment | Chile | Brazil | South America | South America | $ 59 M | $ 59 M | $ 59 M | $ 59 M | ||||||||
| 11 | 1 | Dimensional Fund Advisors | Petro Rio SA | Dimensional Fund Advisors | investment | United States | Brazil | North America | South America | $ 49 M | $ 49 M | $ 49 M | $ 49 M | ||||||||
| 12 | 1 | Schroders | Petro Rio SA | Schroders | investment | United Kingdom | Brazil | Europe (non EU) | South America | $ 45 M | $ 45 M | $ 45 M | $ 45 M | ||||||||
| 13 | 1 | Caixa Econômica Federal | Petro Rio SA | Caixa Econômica Federal | investment | Brazil | Brazil | South America | South America | $ 43 M | $ 43 M | $ 43 M | $ 43 M | ||||||||
| 14 | 1 | Petros | Petro Rio SA | Petros | investment | Brazil | Brazil | South America | South America | $ 42 M | $ 42 M | $ 42 M | $ 42 M | ||||||||
| 15 | 1 | Ameriprise Financial | Petro Rio SA | Ameriprise Financial | investment | United States | Brazil | North America | South America | $ 36 M | $ 36 M | $ 36 M | $ 36 M | ||||||||
| 16 | 1 | Apolo Investimentos | Petro Rio SA | Apolo Investimentos | investment | Brazil | Brazil | South America | South America | $ 33 M | $ 33 M | $ 33 M | $ 33 M | ||||||||
| 17 | 1 | Oceana Investimentos | Petro Rio SA | Oceana Investimentos | investment | Brazil | Brazil | South America | South America | $ 29 M | $ 29 M | $ 29 M | $ 29 M | ||||||||
| 18 | 1 | New York Life Insurance | Petro Rio SA | New York Life Insurance | investment | United States | Brazil | North America | South America | $ 24 M | $ 24 M | $ 24 M | $ 24 M | ||||||||
| 19 | 1 | Government Pension Investment Fund (GPIF) | Petro Rio SA | Government Pension Investment Fund (GPIF) | investment | Japan | Brazil | East Asia | South America | $ 20 M | $ 20 M | $ 20 M | $ 20 M | ||||||||
| 20 | 1 | Florida State Board of Administration (FSBA) | Petro Rio SA | Florida State Board of Administration (FSBA) | investment | United States | Brazil | North America | South America | $ 20 M | $ 20 M | $ 20 M | $ 20 M | ||||||||
| 21 | 1 | Geode Capital Holdings | Petro Rio SA | Geode Capital Holdings | investment | United States | Brazil | North America | South America | $ 19 M | $ 19 M | $ 19 M | $ 19 M | ||||||||
| 22 | 1 | Constellation Asset Management | Petro Rio SA | Constellation Asset Management | investment | Brazil | Brazil | South America | South America | $ 18 M | $ 18 M | $ 18 M | $ 18 M | ||||||||
| 23 | 1 | Banco do Brasil | Petro Rio SA | Banco do Brasil | investment | Brazil | Brazil | South America | South America | $ 17 M | $ 17 M | $ 17 M | $ 17 M | ||||||||
| 24 | 1 | Bradesco | Petro Rio SA | Bradesco | investment | Brazil | Brazil | South America | South America | $ 16 M | $ 16 M | $ 16 M | $ 16 M | ||||||||
| 25 | 1 | Principal Financial Group | Petro Rio SA | Principal Financial Group | investment | United States | Brazil | North America | South America | $ 16 M | $ 16 M | $ 16 M | $ 16 M |
Remarks
Financial data is drawn from the commercial databases Refinitiv and EMAXX. For a selection of pension funds, data was collected from the pension funds' disclosure. The data was retrieved in January 2023, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
Since publications, various corrections to the data were made. The most recent update was made on 8 August 2023.
For any questions or requests for further information, please get in touch with us: financeresearch@urgewald.org