Petrobras sets five-year spending at $68bn with focus on pre-salt assets

Brazilian oil giant to channel bulk of investments to upstream activities

Updated plan: Petrobras', whose headquarters are in Rio de Janeiro, will increase its investments over the next five years.
Updated plan: Petrobras', whose headquarters are in Rio de Janeiro, will increase its investments over the next five years.Photo: EOIN O'CINNEIDE/UPSTREAM
Published 25 November 2021, 14:01Updated 1 December 2021, 14:49