Petrobras cuts spending in five-year plan
Brazilian oil giant Petrobras has cut planned investments by 25% to reduce its debt. It pledged up to $74.1 billion in capital spending for 2017-2021 - compared to $98.4 billion for the previous four years.
Brazilian oil giant Petrobras has cut planned investments by 25% to reduce its debt. It pledged up to $74.1 billion in capital spending for 2017-2021 - compared to $98.4 billion for the previous four years.