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Brazil's Invitation to Join OPEC+ Highlights the Importance of Its Oil Boom

Brazil’s decision to join OPEC+ highlights just how large a player the country is on the world stage, with its soaring oil production threatening the consortium’s control of oil markets. ....

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South America's Offshore Oil Boom Will Challenge OPEC's Dominance

South America’s offshore oil boom, led by Guyana and Brazil, is set to challenge OPEC’s dominance in global oil markets. ....

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Brazil's Petrobras to invest over $100bn in next five years

Petrobras plans to invest $102bn (~500bn reais) over the next five years as part of its strategic plan for the 2024-2028 period. ....

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Petrobras : approves Strategic Plan 2024-2028+ - Form 6-K -November 24, 2023 at 06:20 am EST

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer
. ....

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Investments of $102 billion on Petrobras' five-year agenda: Oil & gas getting the lion's share while $11.5 billion goes to low-carbon projects

Petrobras' new five-year strategic plan outlines that oil and gas will be given the biggest slice of its $102 billion investment pie. ....

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