Petrobras outlines a $109 billion investment plan focused on pre-salt oil production alongside launching Brazil's first certified sustainable aviation fuel, signaling a strategic pivot towards sustainability and financial prudence.
Petrobras has approved a $109 billion investment plan for 2026-2030 focusing on expanding oil production, advancing energy transition, and achieving cost efficiencies.
Petrobras plans $109 billion investments through 2030 focusing on exploration, efficiency, and production peaks amid lower oil prices.
Brazil's Lula brought new political focus to COP30 with his fossil fuel phase-out proposal, sparking debates and paving the way for continued climate discussions through to COP31.
Petrobras and Britto-Macelog II won key port leases in São Paulo and Maceió, committing to multi-million real investments to upgrade port infrastructure and support Brazil's maritime economy.
Petrobras must trim its 2026-2030 investment plan and weigh debt limits following Brent crude stabilization around $60, with potential project delays amid economic and political pressures.