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    Lilyanna Yang

    Vice President and Equity Research Analyst at HSBC

    Lilyanna Yang is a Vice President and Equity Research Analyst at HSBC, specializing in the Basic Materials sector with a strong focus on Latin American energy and utilities. She provides coverage on prominent companies such as Neoenergia, Ecopetrol, and Pampa Energía, and has made over 50% profitable stock recommendations with an average return per transaction of 5.1%. Yang began her finance career before joining HSBC, where she has established a reputation through direct coverage of major firms and timely, actionable investment calls. She holds relevant industry credentials and is known for her analytical expertise and cross-market insight in regional sector coverage.

    Lilyanna Yang's questions to PETROBRAS - PETROLEO BRASILEIRO (PBR) leadership

    Lilyanna Yang's questions to PETROBRAS - PETROLEO BRASILEIRO (PBR) leadership • Q1 2025

    Question

    Lilyanna Yang inquired about cost pressures and the risk of CapEx exceeding the 2025 budget, and also asked for an update on investment plans for fertilizers and petrochemicals.

    Answer

    Renata Baruzzi, Executive Director of Engineering, expressed confidence in staying within the CapEx guidance as major project prices are set. William da Silva, Executive Director of Industrial Processes, detailed plans to restart fertilizer plants and expand petrochemical operations in partnership with Braskem, including assessing new opportunities in green chemicals.

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