$20bn chopped: Petrobras cuts investments and sets new decarbonisation goal

Brazilian oil giant to focus capex on upstream activities as it looks to reduce gas emissions

Focus on E&P: Petrobras chief executive Roberto Castello Branco — Focus on E&P: Petrobras chief executive Roberto Castello BrancoPhoto: AFP/SCANPIX

Fabio Palmigiani

Rio de Janeiro

Published 26 November 2020, 14:08Updated 1 December 2020, 15:09

Brazil Petrobras Roberto Castello Branco Americas South America