Brazil’s Petrobras is considering a further increase in investment for the period between 2025 and 2029 to a total of $110 billion, unnamed sources in the know told Reuters. The sum would represent an 8% increase on earlier investment plans for the five years ahead. “Currently, the amount (under discussion) is near $107 billion, but there are adjustments remaining, so it is likely to be in the range of $110 billion,” one of the sources who spoke to Reuters said. Earlier, the company released plans to spend some $102 billion between…
