Magda Chambriard, the new CEO of Petrobras, announced the company's strategic shift towards renewable energy and decarbonization during her official assumption of the post in Rio de Janeiro. Chambriard highlighted the importance of investing in wind, solar, and hydrogen energy, with 11% of the company's investments to be earmarked for low-carbon projects. She emphasized the potential of natural gas as a key element in the energy transition and outlined plans to expand infrastructure and explore new oil and gas frontiers in Brazil. The CEO also stressed the importance of strengthening operations in petrochemicals and lubricants to enhance the company's portfolio and reduce emissions. Additionally, Petrobras aims to promote a just and inclusive energy transition, ensuring energy security and self-sufficiency in fuels. The mining and energy minister, Alexandre Silveira, commended Chambriard's technical expertise and underscored the significance of Petrobras' investment plan for the country's growth. The overall sentiment of the announcement was positive, highlighting a forward-thinking approach towards sustainability and energy transition in Brazil.