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Petrobras Revises Its 2020-2024 Business Strategic Plan and Will Invest in Renewables

Written by Paulo Nogueira

Published on 26/09/2019 at 10:02

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The Areas of Exploration and Production, Gas and Energy, Refining, Transportation, and Marketing Are Within the Petrobras Review, Even the Wind and Solar Energy Fields Are Included in the Investment Scope

Petrobras informs that its Board of Directors approved, in a meeting held yesterday (9/25), the update of the Vision, Purpose, and Strategies for the New Plan 2020-2024, which is in the drafting phase.

Petrobras’ new vision is “to be the best energy company in generating value for shareholders,” focusing on oil and gas with safety, respect for people, and the environment.

“We are building the new Petrobras, a sustainable, competitive company that operates safely and ethically, generating more value for its shareholders and for society. We will be a company dedicated to the exploration and production of oil in deep waters, with less debt. This new Petrobras already incorporates digital transformation as a powerful lever for achieving productivity gains and cost reductions,” emphasized Petrobras President Roberto Castello Branco.

ARTICLE CONTINUES BELOW

Petrobras Revises Its 2020-2024 Business Strategic Plan and Will Invest in Renewables

The Areas of Exploration and Production, Gas and Energy, Refining, Transportation, and Marketing Are Within the Petrobras Review, Even the Wind and Solar Energy Fields Are Included in the Investment Scope

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Petrobras Revises Its 2020-2024 Business Strategic Plan and Will Invest in Renewables

The Areas of Exploration and Production, Gas and Energy, Refining, Transportation, and Marketing Are Within the Petrobras Review, Even the Wind and Solar Energy Fields Are Included in the Investment Scope

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

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