Rafael Chaves


Chief Institutional Relations and Sustainability Officer

Director of Institutional Relations and Sustainability, Mr. Rafael Chaves Santos is an engineer, with postgraduate degrees in both Finance and Economics. He joined Petrobras in January 2019 as Executive Strategy Manager, and since then has contributed extensively to the company's strategic repositioning. Previously, he played several roles, with emphasis on his time at the Central Bank of Brazil, as an executive at Vale and as an economics professor at FGV. 

Sessions With Rafael Chaves

Tuesday, 8 March

  • 07:30am - 08:35am (CST) / 08/mar/2022 01:30 pm - 08/mar/2022 02:35 pm

    Changing Upstream Strategies for the Future

    Panel Upstream Oil & Gas

    The growing list of mandates for national oil companies (NOCs) requires a balancing act between increased domestic responsibilities across the energy value chain and attracting new investment capital, all while dealing with climate change mandates. As the world emerges from the COVID-19 pandemic buoyed by robust oil and gas prices, the market outlook for oil and gas companies is improving. How is the COVID-19 pandemic and a more robust oil and gas price environment impacting near-term priorities? Can NOCs strike the right balance between focusing on core E&P while navigating energy transition mandates? How does the pivot to low carbon by certain E&P peer groups shape the role of NOCs going forward? What technologies and partnerships are essential to drive continued growth in E&P and the low-carbon portfolio? In an area of specialization and portfolio concentration, are host governments deploying the necessary levers to attract new investor capital?