Petrobras' multi-billion dollar plan projects a strong impact on the economy, stimulating production chains and strengthening fiscal policy while expanding investments in oil, gas and low-carbon projects.
Petrobras has approved the 2026–2030 Business Plan with projected investments of US $ 109 billion, generation and support estimate of 311 thousand direct and indirect jobs in the country and expectation of transfer of R$ 1,4 trillion in taxes to municipalities, states and the federal government over the next five years, a period that coincides with the timeframe of the new plan.
The state-owned company's Board of Directors approved the document at a meeting held on Thursday (November 27), according to the company.
The plan replaces the previous cycle (2025–2029), which projected US$111 billion in investments, and represents a reduction of approximately 1,8% in the total value, while maintaining the strategy focused on oil and gas combined with the expansion of low-carbon businesses and the energy transition.
Of the approved amount, US $ 91 billion They are linked to projects already under implementation, while US $ 18 billion These initiatives, known as the "Portfolio Under Evaluation," are still in the initial stages of study and may advance as they gain technical and economic maturity.
According to Petrobras' president, Magda Chambriard, the projected investment volume has significant weight in the domestic scenario.
The company estimates that the plan represents approximately 5% of all investments made in Brazil, considering projections for the period of validity of the document.
“Our investments represent about 5% of all investments made in the country. Our projects have the potential to generate and sustain 311 direct and indirect jobs in the coming years,” the executive stated, commenting on the plan.
Most of these jobs are expected to arise in sectors directly linked to the state-owned company's activities, such as oil and gas exploration and production, refining, logistics, and the construction and maintenance of production units.
In parallel, there is an expectation of stimulus for sectors such as Shipbuilding, metallurgy, specialized services, maritime and land transport.in addition to engineering and technology.
In addition to the impact on the labor market, Petrobras projects a strong tax contribution.
The company estimates to transfer approximately R$ 1,4 trillion in taxes to federal entities over the next five years, an amount that includes taxes, royalties, and government participations related to the production and marketing of oil, gas, and derivatives.
These resources strengthen the cash flow of municipalities, states and the Union and help fund public policies in areas such as health, education, social assistance, and infrastructure.
The state-owned company attributes this estimate to the profile of the projects planned, which are concentrated in assets with higher cash generation and high productivity, especially in the pre-salt layer.
To ensure financial flexibility, the new Business Plan has adopted a two-stage model within the so-called Implementation Portfolio.
A "Base Implementation Portfolio" meets US $ 81 billion allocated to projects already approved in the plan's budget, even if not all of them have been sanctioned for execution.
Already "Target Implementation Portfolio" In addition to these projects, it incorporates others. US $ 10 billion which will depend on budgetary confirmation and financing analyses throughout the period.
The release of these additional funds will be reviewed periodically, based on cash flow projections, oil prices, exchange rates, and the company's debt level.
Overall, the plan outlines investments concentrated in oil and gas exploration and production, expansion and modernization of the refining park, logistics, natural gas, and initiatives in low-carbon energies and products, in addition to industrial projects, such as the completion of the Nitrogen Fertilizer Unit in Três Lagoas (MS).
The implementation of the plan is likely to stimulate various production chains linked to heavy industry.
Petrobras anticipates contracting platforms, drilling rigs, support vessels, coastal shipping vessels, pipelines, subsea equipment, and engineering services, creating demand for companies in the field. Shipbuilding, metalworking, boiler making, electrical systems, automation, logistics and port services..
These orders typically generate jobs in both large urban centers and regional industrial hubs, in producing states and in regions with a strong company presence, such as the coast of the Southeast, Northeast, and South of the country.
The state-owned company believes that combining new projects with operational efficiency gains can maintain a high level of activity in shipyards, logistics bases, and companies supplying specialized goods and services.
Although it maintains the focus on oil and gas As its main source of revenue in the short and medium term, Petrobras states that it will continue to expand initiatives related to the energy transition and the decarbonization of its operations.
The plan allocates part of the resources to projects of biofuels, ethanol, biodiesel, biomethane, sustainable aviation fuels (SAF) and renewable dieselin addition to actions to reduce emissions in production and refining units.
The company also plans investments to increase the efficiency of its refineries, modernizing units to produce fuels with lower sulfur content and higher added value, and in projects focused on the production of derivatives with renewable content.
In parallel, the plan indicates continued studies in technologies such as Carbon capture and storage (CCUS), low-emission hydrogen, and renewable energies., such as solar and wind power, in partnership with other players in the sector.
According to the company, the goal is to reconcile leadership in oil and gas with... security of domestic supply and the gradual advancement in low-carbon businesses, respecting financing limits and capital discipline.
In parallel with the investment plan, Petrobras recently opened a new cycle of... Petrobras Young Apprentice Program 2025 with 715 vacancies distributed across 13 states and the Federal District.
Opportunities include locations such as São José dos Campos, in the interior of São Paulo state, and other cities near the company's operational and administrative units.
The program lasts 21 months, with theoretical and practical training in partnership with the National Service for Industrial Training (Senai).
The selected young people receive the full minimum wage, transportation allowance, 13th-month salary, vacation pay, and FGTS (Brazilian severance pay fund) deposit, in addition to the possibility of participating in supplementary pension programs and health and wellness activities.
The initiative also includes reserving places for Black people, Indigenous people, quilombola people, people with disabilities, and young people in situations of social vulnerability., reinforcing the social dimension of the company's actions.
Petrobras links this type of program to the need to train a qualified workforce to support, in the medium and long term, the set of projects foreseen in the 2026–2030 Business Plan.