Petrobras and the Paradox of Oil in Brazil’s Energy Transition

Magda Chambriard, at 66, steps into her role as Petrobras’ new president amid a global push for sustainable energy. Yet, she champions expanding oil exploration in Brazil. In Rio de Janeiro, Chambriard argues that oil revenue is crucial to fund Brazil’s transition to sustainable energy practices. She points to the equatorial margin, especially block 59 […]