✕
SOUTH AMERICA

Petrobras slashes capex budget

BRAZILIAN oil giant Petrobras has cut its five-year capital expenditure budget by 41%.

Blair Price

The deep sea oil specialist's capex budget for 2015-2019 is $US130.3 billion ($A170 billion), 41% lower than the budget previously announced for the 2014-2018 period. There was a corresponding cut to...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
OPERATIONS

INTERVIEW: ADZ rises from Armour's ashes flush with funds and hungry for growth

2
OPERATIONS

Beach Energy makes headway on axing jobs

3
MARKETS

TotalEnergies acquires remaining 50% share of Malaysia's SapuraOMV

4
MARKETS

Tamboran seals deal with NT government for gas supply

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login