Petrobras Trims Investment Plans for 2025 Amid Economic Challenges

Petrobras, Brazil’s state-owned oil giant, is set to revise its investment plans for 2025, according to Reuters. The company will likely reduce its projected investments of $21 billion for next year. This adjustment marks the third consecutive year Petrobras has fallen short of its annual projections. The company invested less than anticipated in 2023 and […]

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