Dec. 1 at 1:12 PM
$PBR cuts investment budget 2% — what’s next for
$PBR? 🤔
The 2026-2030 plan sets a
$109B budget, with
$91B for ongoing projects and
$69.2B focused on boosting exploration and production, especially from the pre-salt fields. Despite global oil price challenges, PBR aims for peak oil production of 2.7 mbbl/d by 2028, with a revised short-term target of 2.5 mbbl/d for the coming year.
Dive into PBR’s strategic blueprint here 👉 https://www.zacks.com/stock/news/2797585/petrobras-discloses-revised-2026-2030-investment-plan-of-109b?cid=sm-stocktwits-2-2797585-body-22829&ADID=SYND_STOCKTWITS_TWEET_2_2797585_BODY_22829