Petrobras' CFO Commits "Realistic" Budgeting in New Business Plan
PBR's CFO outlines a "realistic" 2025-2029 plan with a potential debt ceiling increase and a focus on expanding oil and gas reserves.
Petrobras CFO pledges 'realistic' spending levels in next business plan
CFO Fernando Melgarejo said the company's next five-year business plan will contain "realistic" spending levels and possibly include an increase in how much debt the company can take on, Bloomberg reported Monday.
Petrobras’ new plan prioritises upstream oil and gas operations
Petrobras is set to emphasise upstream oil and gas operations in its forthcoming 2025-29 strategic plan, reported Reuters, citing the company’s CFO Fernando Melgarejo. The Brazilian state-run oil company is crafting a strategy that aims to rebuild its oil and gas reserves without relying on significant mergers or acquisitions.
Petrobras' new strategic plan to have greater focus on oil and gas, CFO says
Petrobras' new multi-year strategic plan will have greater focus on upstream operations than the previous one, Chief Financial Officer Fernando Melgarejo said on Monday, as the Brazilian state-run firm looks to rebuild oil and gas reserves.
Petrobras CFO Sees ‘Realistic’ Spending in Next Business Plan
Petrobras’s next five-year business plan will have realistic investment levels and could possibly include an increase in how much debt the company can take on, Chief Financial Officer Fernando Melgarejo said in a video interview.
TechnipFMC Awarded Two Contracts by Petrobras
TechnipFMC received two subsea contracts from Brazil-based Petrobras for projects in the pre-salt fields offshore Brazil.
Petrobras Continues To Trade At A Low Valuation With Lofty Potential
Petrobras stock offers impressive returns with a double-digit dividend yield. Read more on how PBR stock is supported by its ...
Petrobras to Invest $3.6 Billion in Brazil Complex, CEO Says
Brazil’s state-run oil giant Petroleo Brasileiro SA will invest 20 billion reais ($3.6 billion) in a Rio de Janeiro complex, ...
Petrobras mulls new petrochemical plant at Rio de Janeiro energy complex
Brazilian state-run oil giant Petrobras is mulling building a petrochemical plant at its Boaventura Energy Complex, an ...
Ecopetrol, Petrobras Ordered to Halt Drilling Offshore Gas Well
A Colombian judge ordered Ecopetrol SA and Petroleo Brasileiro SA to halt the drilling of a gas well in the nation’s ...
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Petrobras awards $530 million subsea contracts
Brazilian state-controlled oil company Petrobras has awarded TechnipFMC a pair of contracts worth about 2.9 billion reais ...
Petrobras, Ecopetrol ordered to halt drilling gas well offshore Colombia
Petrobras (NYSE:PBR) and partner Ecopetrol (EC) were ordered by a Colombian judge Friday to suspend drilling activities at an ...
Petrobras terá gasto realista no próximo plano de negócios, diz diretor
O próximo plano de negócios de cinco anos da Petrobras terá níveis de investimento realistas e pode incluir um aumento na ...