True Dominion Enterprises Ltd
Wednesday 2 March 2016
Petrobras to cut five-year investment plan one-fifth to $80bn
02 March 2016, Rio de Janeiro — Brazil’s Petrobras will slash its five-year investment plan by about one-fifth next month as low oil prices, massive debt and fallout from a corruption scandal hobble its ability to fund offshore projects, two sources helping draft the plan told Reuters. The state-led oil company’s capital spending program will […] More »
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