Renowned as one of Brazil’s leading fuel distributors, Larco Petróleo, a Bahia-based company, is experiencing remarkable growth, marking the beginning of 2024 with numerous achievements and reasons to celebrate. The company enters the new year by elevating its market share, securing the 4th position in diesel and claiming the 5th spot in gasoline distribution across Brazil, as per November 2023 data released by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP). Larco not only surpassed sales records by doubling the quantity of fuels sold but also exceeded its goals, concluding the year with over 150 gas stations nationwide.

Synonymous with stability and credibility, Larco, now the fourth-largest distributor in diesel and gasoline, also achieved the top position among the top 10 most profitable companies in the oil and gas sector in Brazil, according to the 2023 edition of the Valor 1000 Yearbook by Valor Econômico. The company also holds a prominent position in regional rankings, standing at 9th place among the 50 largest companies in the Northeast, climbing two positions from the previous year. In the overall rankings, Larco advanced six positions, currently holding the 129th position among the 1000 largest companies in the country. Another significant achievement is securing the 5th position among the largest oil and gas companies in Brazil.

Alberto Costa Neto, the Executive Director of Larco, expresses, “We are always striving for self-improvement to achieve the best results and new expansions. These figures inspire us to aim for even more records. We continue to expand our operations, entering new states, and investing in new bases—one of them scheduled for inauguration in the first semester of 2024. We constantly seek more and better for our customers and the market.”

With 23 years of operation, Larco operates in 14 strategically located states and the Federal District, boasting a fleet of over 400 vehicles, including super bitrens, bitrens, trucks, and car carriers. The company maintains a qualified team, invests significantly in its infrastructure, innovates its processes, and boasts an ever-expanding network of gas stations.