Investidores Preços Technology and Innovation Access to information Investors Press Business Channels Contact Us Ombudsman Denouncement Channel Relationship Accessibility Privacy and Protection of Personal Data Petrobras Worldwide Other Petrobras Sites Business Channels Press About UsStrategic Plan Strategic Plan The 2021-2025 Strategic Plan, approved in November 2020, summarizes what we want to be: An energy company with a high level of performance, aligned with the commitment to greater value generation and directing resources with emphasis on deep-water Exploration and Production activities. We are improving every day to make Petrobras a stronger, more resilient company, prepared to act in a sustainable, safe, and competitive manner in the long term. Learn more about our strategic planning Our Vision It represents a synthesis of what we want to be: The best energy company in generating value for the shareholder, with focus on oil and gas and with safety, respect for people and the environment. Our Purpose It represents the reason for our existence: Provide energy that ensures prosperity in an ethical, safe and competitive way. Strategic Plan 2021-2025 Our business strategies ensure that our resources are employed at the right time and in the right assets to ensure the highest possible return on invested capital. They represent Petrobras’ major choices, the paths through which it intends to achieve the objectives that have been set. Exploration & Production · Maximize portfolio value, focusing on deep and ultra-deep waters, seeking operational efficiency, recovery factor optimization, partnerships and low greenhouse gas intensity. · Grow sustained by world-class oil and gas assets in deep and ultra-deep waters Gas & Energy · Act competitively in the trading of its own gas. · Optimize the thermoelectric portfolio focusing on self-consumption and trading of its own gas. · Withdraw from gas distribution and transport completely. Refining · Operate competitively in refining activities, with assets focused on the proximity of the oil supply and of the consumer market. · Withdraw from fertilizers, LPG and biodiesel businesses completely. · Add value to the refining park, with more efficient processes and new BioRefining products, such as Biokerosene and Renewable Diesel Fuel, moving towards a low carbon market. Logistics & Trade · Provide and manage integrated logistics solutions, ensuring an optimal allocation of assets, inputs, and products, with competitive costs, operation sustainability, reliability and security. · Operate in the oil and oil product trade, in a competitive environment, generating value for the company and its customers, through the integration of the production chain of Petrobras and its subsidiaries. Energy transition · Undertake research aimed at operating, in the long term, in petrochemical and renewable energy businesses with a focus on wind and solar power in Brazil. Competitiveness · Transform Petrobras digitally by delivering solutions to challenges, empowering our employees, generating value, and increasing operational safety. · Develop critical skills and a high-performance culture to meet the new company challenges using economic value added as a management tool. · Constantly pursue a competitive and efficient cost and investment structure with a high safety standard and respect for the environment. · Strengthen Petrobras' credibility and reputation. In the Strategic Plan, we reaffirm our values, which represent our commitment to people, society, partners, and shareholders: Respect for life, people and the environment Ethics and transparency Market-orientation Out performance and confidence Results Our 5 strategic pillars that support the implementation of the Strategic Plan: Maximization of the return on the capital employed · Focus on the assets of which we are the natural owners · Discipline in capital allocation Reduction of the cost of capital · Path of deleveraging · Debt transparency and management Non-stop pursuit of low costs and efficiency · Cost reduction and resilience in low-price scenarios Meritocracy · Merit-based variable compensation program · EVA® Safety, health, respect for people and the environment · Transparent communications · Culture of safety · Renewable fuels Get to know our top metrics Top Metrics translate and quantify the attributes of Petrobras’ vision and provide more explicit guidance on the Company's main objectives. Such elements will be shared with all organization units, up to the general structure level, aiming to ensure that their actions are aligned with the main commitments set forth under the Plan. Safety and sustainability in operations, debt reduction, and value creation are the foundations of the 2021-2025 Strategic Plan. We also maintained our Zero Fatality ambition in the period, and included the new Zero Leak ambition. The Greenhouse Gas Intensity Indicator (GHGII) and the Oil and Oil Product Leak Volume Indicator (VAZO) reflect the alignment with the 21-25 SP low carbon and sustainability commitments. As a fundamental base of the management strategy aimed at creating value in the business, Petrobras will maintain the Delta EVA® indicator as a top metric for 2021, which represents a measure of creation of economic value for shareholders. By generating value, the company grows consistently and becomes financially sustainable. The other top financial metric is Gross Debt, which allows us to monitor the necessary deleveraging process for Petrobras, which is considered fundamental for business continuity as it increases our competitiveness with peers on the market by reducing our cost of capital. In our vision, life is a non-negotiable value, and strengthening risk control measures associated with RIR monitoring is a fundamental tool for achieving our ambition in safety: Zero fatality. SAC PETROBRAS: 0800 728 9001 ©COPYRIGHT PETROBRAS 2020. TODOS OS DIREITOS RESERVADOS. By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Accept All Cookies