Brazil’s Petrobras approved a $109bn investment plan for 2026–2030, a 2% reduction due to lower oil prices. $91bn will fund ongoing projects, $10bn for those needing budget confirmation, and $18bn for projects under analysis. The plan aims to boost production and maintain dividend payouts while managing debt.

Read more at Yahoo Finance: Petrobras’ five-year investment plan reduced by 2% to $109bn