Petrobras Cuts Green Spending As It Bets On Cheap Oil And Steady Dividends

Petrobras has just answered one of the big questions hanging over Brazil’s energy future: will it behave like a political climate mascot, or like a cash-generating oil company with an eye on the next decade? Its new 2026–2030 plan, worth $109 billion, clearly picks the second option. The story on the surface is simple. Most […]