Exclusive: Petrobras eyes steady investments in new five-year business plan, CEO says
RIO DE JANEIRO, July 17 (Reuters) – Brazil’s state-run oil company, Petrobras (PETR4.SA), will keep total investments in its next five-year business plan in line with the last, CEO Jean Paul Prates told Reuters on Monday , allaying market fears of a spending spree under the new leftist government.
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.