Petrobras Proposes $111 Billion Business Plan for 2025-2029
Petrobras(PBR) ZACKS·2024-11-20 21:06
Petrobras (PBR) , Brazil's largest oil and gas company, has announced an ambitious $111 billion investment plan for the 2025-2029 period, indicating a major move for both the company and the country’s energy sector. The plan, revealed through a securities filing on Monday, outlines Petrobras' goals for the next few years, highlighting its vital role in the economy of Brazil. The company plans to focus on boosting oil production, refining and expanding its operations. Let us delve into the specifics of Petro ...