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Petrobras to Mirror Current Investment Strategy in Next Plan

BRAZIL
  • Brazil's state-run oil company, Petrobras are expecting to keep total investments in its next five-year business plan in line with the prior strategy, CEO Jean Paul Prates told Reuters on Monday, potentially calming any market fears of a spending increase under the new administration.
  • Petrobras is preparing to preview its upcoming 2024-2028 business plan next month, Prates said, ahead of approving the final plan at the end of the month. (RTRS)

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