Petrobras approves Business Plan 2026 - 2030

In the PN 2026 - 30, Petrobras maintains the strategies defined in the Strategic Plan 2050 (PE 2050) and reaffirms its vision of being a diversified and integrated energy, building a more sustainable world, reconciling its focus on oil and gas with diversification into low-carbon businesses (including petrochemical products, fertilizers, and biofuels), sustainability, safety, respect for the environment, and total attention to people.

Given the scenario of lower oil prices, the PN 2026 - 30 reinforces the company's commitment to growth with value creation and financial sustainability, through capital discipline, operational efficiency, optimisation of operating expenses and budgetary limits for investments, in addition to the adoption of more restrictive criteria in the governance of project approval.

Looking ahead to the 2026 - 30 National Plan, Petrobras forecasts total capital expenditures (CAPEX) of US$109 billion, with US$91 billion in projects from the Implementation Portfolio and US$18 billion in the Evaluation Portfolio, which comprises opportunities with a lower degree of maturity.

“With the 2026 - 30 Business Plan, we reaffirm our ambition to grow alongside Brazil. Our investments represent a significant volume for the Brazilian economy, US$109 billion, which accounts for 5% of total investments in the country. Our projects have the potential to generate and sustain 311 000 direct and indirect jobs, and we will contribute R$1.4 trillion in taxes to municipalities, states, and the federal government over the next five years. We will continue our trajectory as an integrated company and leader in the just energy transition, promoting the country’s sustainable development, contributing to national energy security, generating value, and sharing the results with society,” said Petrobras President Magda Chambriard.

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