Décio Fabricio Oddone da Costa is an electrical engineer graduated in the Federal University of Rio Grande do Sul. He studied petroleum engineering at Petrobras, the Advanced Management Program at Harvard Business School and the Advanced Management Program at Insead (European Institute of Business Administration). Among other honors, he received an honorary doctorate in Education from the Universidad de Aquino.

He is former CEO of Petrobras Bolivia, President and CEO of Petrobras Energia, Vice-President of Braskem, Director of Prumo Logística and General Director of the National Agency of Petroleum, Natural Gas and Biofuels (ANP) and CEO of Enauta Energia. He was a member of the Board of Directors of the Institute of the Americas (IoA), in the USA, and chaired the Bolivian-Brazilian Chamber of Commerce and the Argentine Chamber of the Oil Industry.