Petrobras Outlines $111 Billion, Five-Year Spending Proposal [Yahoo! Finance]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
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Source: Yahoo! Finance
Most Read from Bloomberg In Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited Lift Paris to Replace Parking Spaces With Trees Amtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC Service A Bug's Eye View of Mexico City's Modernist Architecture New York's Transit Agency Approves $9 Congestion Pricing Toll The Brazilian oil giant's eight-person executive office proposed that amount for the 2025-2029 period, according to a filing Monday. The plan still needs the approval of Petroleo Brasileiro SA's board of directors and is scheduled to be released on Nov. 21. Most of the outlays — roughly $77 billion — will go to exploration and production projects in Brazil and abroad. Chief Executive Officer Magda Chambriard said recently that Petrobras expects to drill more wells next year. Refining and related business lines such as fertilizer and logistics will account for about $20 billion in expenditures. Overall crude and natural gas output is forecast to reach the
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News
- Petrobras to distribute up to $55bn in dividends by 2029 [Yahoo! Finance]Yahoo! Finance
- Petróleo Brasileiro S.A. – Petrobras (PBR): Powering Brazil's Energy Future Under $25 [Yahoo! Finance]Yahoo! Finance
- Petrobras Q3 Earnings Beat Despite a Decline in Production [Yahoo! Finance]Yahoo! Finance
- Petrobras Proposes $111 Billion Business Plan for 2025-2029 [Yahoo! Finance]Yahoo! Finance
- Petrobras Outlines $111 Billion, Five-Year Spending Proposal [Yahoo! Finance Canada]Yahoo! Finance Canada