THE OIL INDUSTRY IN BRAZIL: EVALUATION OF HISTORIC DESIGN COMPANY PETROBRAS

The brazilian oil industry dates back 50 years. The global crisis that erupted in the 30s impacted heavily on the trajectory of economic growth in Brazil and several other countries. Then begins a slow and gradual process of transition from economic growth model seated on the external sector to a model of import substitution whose main objective was found a strong and competitive industrial park capable of generating income and jobs depended on the strength of this model consolidation of a heavy industry base (infrastructure) solid. Accordingly the company Petrobras was created during the Vargas government and since then Brazil has become a pioneer in the exploration and production of oil in the world market. This study will make a historic retrsopectiva oil industry in Brazil considering its peculiarities and evolution of the regulatory framework. The central idea is to analyze the context in which it was created Petrobras and main results achieved in this segment today. The methodology used was based on the theoretical framework that addresses the issue and statistical data illustrating these regulatory and economic changes over the years since its inception