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April 1, 2023
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Petrobras approves proposals for strategic planning

Petrobras announces additional payment of shareholder remuneration

Petrobras’ executive board approved this Friday (31) six proposals to be considered in the Strategic Planning. To enter the document, which details the plans and steps of the state-owned company for the coming years, these proposals must be voted on by the Board of Directors (CA).

The first is to prioritize the development, retention and requalification of talent, with the objective of guaranteeing the company a technical staff “inclusive, diverse and qualified to meet the dynamic demands of the market, especially the energy transition”, says a note released by the company.

The proposals also include focusing on profitable exploration and production assets, seeking operations, both by the company and by suppliers, that emit less greenhouse gases; adjust and improve the current refining park “through efficiency gains and the combination of raw materials from a renewable matrix in the development of resilient industrial processes and sustainable products”; and seek a fair energy transition, in line with similar international companies, primarily through partnerships of technical excellence and social responsibility programs that mitigate the externalities of the company’s operations and foster local production chains.

They close the list of proposals to take advantage of the country’s different potential, “through the regionalization of the company’s activities based on production chains and local operating units”; and strengthen access to markets, while seeking to be at the forefront of global energy transition, through international operations through technological and operational partnerships.

“The investments necessary to ensure the achievement of these proposals must be financed by operating cash flow, at levels equivalent to similar companies, and preferably through partnerships that allow us to share risks and expertise, and must seek return on investment, reduction of cost of capital, strengthening Petrobras as an integrated energy company, maximizing the company’s value and seeking the development of the Brazilian market”, informs the note.

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