Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 114

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 114
---
 range of US$55 billion to US$75 billion, with convergence towards the US$65 billion level; and (iv) and payment of dividends in accordance with the current Shareholder Remuneration Policy.
 In summary, SP 2050 and Business Plan 2025-29 demonstrate our commitment to reconciling oil and gas exploration and production with leadership in the Just energy transition. We are preparing for the pathways of this transition with an increase of investments in energy transition and portfolio diversification in a responsible and profitable way. The SP 2050 outlines the path we expect to follow as a leader in the Just energy transition, reducing our emissions, maintaining our share in Brazil’s energy supply, and increasing the role of renewable energies in our portfolio, thereby contributing to the country's energy security. By mobilizing our resources and our technical capacity, along with partnerships and innovation ecosystems, we aim to develop solutions that benefit both the company and Brazilian society, generating a multiplier effect on the economy and the country. We will continue to work with a focus on safety, financial responsibility, ethics, transparency, and respect for people and the environment, investing in the present to build a sustainable future, creating jobs, paying taxes, and distributing our gains to society and our shareholders.
 

Annual Report and Form 20-F 2024 |
Research, Development and Innovation
 
Investing in technology is fundamental to adding value to our business while building competitive advantages for our long-term sustainability. Our Research, Development and Innovation Center (CENPES) is responsible for determining our technological solutions that compose our RD&I project portfolio. CENPES, one of the largest RD&I centers in the energy sector, aims to develop technologies that are expected to enable the execution of our Strategic Plan, in addition to being responsible for anticipating future trends and investing in technological routes. On December 31, 2024, Cenpes had 1,097 employees, of which 87% were exclusively dedicated to RD&I development.
 The definition of which technological solutions to pursue starts at identifying the business areas’ needs and the deployment of our strategy, complying with the principles of operational efficiency and resource optimization. To build this portfolio, the potential technological solutions to be developed in RD&I projects go through a process of valuation and prioritization.
 Our main research lines are:
 
<{self.tag} alt="{self.alt}" src="{self.src}"> RD&I RESEARCH LINES
   Within the topics above, our innovation portfolio includes projects focused on developing technologies for oil