Petrobras Details $13 Billion Energy Transition Push and 2050 Net-Zero Ambition in 2025 Climate Report

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2026.05.14 16:20
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Petrobras has unveiled its 2025 Climate Change and Energy Transition Supplement, outlining a $13 billion investment plan for 2026-2030 aimed at decarbonizing operations and diversifying into low-carbon businesses. The company aims for carbon-neutral operational emissions by 2050, having already reduced methane emissions by 62% since 2015. New initiatives include a Carbon Neutral Program and partnerships in renewable energy. Analysts rate Petrobras stock (PBR) as a Buy with a price target of $24.80, citing strong financial performance and a favorable valuation despite risks from oil price exposure and debt obligations.