Petrobras Commits $100 Billion to Global Offshore Ventures

Brazil’s Petrobras plans a $100 billion investment in offshore oil exploration and production, CEO Jean Paul Prates announced. As Latin America’s leading oil firm, it targets global growth, eyeing Europe, West Africa, and the Americas. This move aims to make Brazil a frontrunner in offshore wind energy, aligning with the global pivot from fossil fuels. […]

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