Petrobras Trims Five-Year Plan to $109 Billion
Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion in a move to shield its cash flow at a time of lower...
By Mariana Durao · Bloomberg Markets
Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion in a move to shield its cash flow at a time of lower international oil prices.