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BRAZIL'S PETROBRAS WILL REDUCE INVESTMENTS PLANNED FOR 2025

  • NEWS Desk Global
  • Oct 14, 2024
  • 1 min read



Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX.

The firm foresaw $21 billion of investments for next year, but spending could be down to around $17 billion, according to initial estimates by the firm.

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