Petrobras Aims for Renewables and Plans to Invest in Wind and Solar Energy, Among Other Sectors

Written by Roberta Souza

Published on 02/12/2021 at 09:57

Updated on 02/12/2021 at 10:38

Fonte: efsolarbrasil.com.br

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Oil Company Expressed Interest in Investing in Renewables During Petrobras Day

Petrobras is evaluating investments in wind and solar energy, as well as other sectors related to renewable energies. The possibility was announced during Petrobras Day, last Tuesday (30), in a speech by the future Institutional Relations and Sustainability Director of the company, Rafael Chaves Santos.

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The executive also stated that the oil company has been evaluating investments in the hydrogen and nuclear energy sectors. “At this moment, we are studying what could be the best alternatives,” declared Rafael, who will assume the position starting December 16.

The future director’s statement calmed investors. Although Petrobras’s Business Plan for 2022-2026 was well received by the market, analysts expressed concern that Petrobras did not plan to invest in the wind and solar energy segments.

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About Investments in Renewable Energies

Investment in renewable energies, such as solar and wind, offers significant ecological advantages. Because they are clean and inexhaustible ways to generate energy, as they do not pollute the environment due to zero CO² emissions, this is a segment with increasing investments and great importance for contributing to sustainability. Therefore, it is very valuable for large companies like Petrobras to consider investing in this.

Wind energy harnesses the power of winds to generate electricity, while solar energy uses light or heat radiated by the Sun for the same purpose.

Refining Advertising Campaigns

Regarding the divestment from Refining, Petrobras intends to relaunch, in 2022, the teasers for the refineries Alberto Pasqualini (Refap), in Rio Grande do Sul, and Presidente Getúlio Vargas (Repar), in Paraná. The plan was revealed by the Financial and Investor Relations Directors, Rodrigo Araujo Alves, and the Refining & Natural Gas Director, Rodrigo Costa Lima e Silva.

However, the release of the new teasers depends on adjusting a new schedule and agreements with the Administrative Council for Economic Defense (Cade).

In addition, Petrobras announced at the end of November the 2022-2026 Strategic Plan, which foresees investments of US$ 68 billion, with most of it allocated to the E&P segment. The second largest investment will be in the Refining area.

Petrobras Aims for Renewables and Plans to Invest in Wind and Solar Energy, Among Other Sectors

Oil Company Expressed Interest in Investing in Renewables During Petrobras Day

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About Investments in Renewable Energies

Refining Advertising Campaigns

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Petrobras Aims for Renewables and Plans to Invest in Wind and Solar Energy, Among Other Sectors

Oil Company Expressed Interest in Investing in Renewables During Petrobras Day

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About Investments in Renewable Energies

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