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Brazil's Petrobras Recruits Chinese Banks to Finance Deepwater Oil Expansion

Brazil's Petrobras Recruits Chinese Banks to Finance Deepwater Oil Expansion
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Sergio Caetano Leite , Chief Financial Officer Sergio Caetano Leite , South Atlantic ,

Petrobras recruits Chinese banks to finance deepwater oil expansion with world's largest FPSO fleet

Rio de Janeiro-based Petrobras recently met with Chinese financial institutions to get loans for itself, as well as for its equipment and services suppliers, Chief Financial Officer Sergio Caetano Leite said in an interview. ....

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Petrobras Taps Chinese Banks to Finance Deepwater Oil Expansion

Petrobras Taps Chinese Banks to Finance Deepwater Oil Expansion
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Petrobras investments may rise up to 10% in new 5-year plan, says CFO

Brazil s Petrobras
may increase investments in its next five-year
business plan by up to 10% over the previous one, which would
place the state-run oil company s capital expenditures at around
$86. ....

David Gregorio , Luiz Inacio Lula , Sergio Caetano Leite , Marta Nogueira , Exxon Mobil , Chief Financial Officer Sergio Caetano Leite , President Luiz Inacio Lula , Paul Prates ,

Exclusive-Petrobras investments may rise up to 10% in new 5-year plan, says CFO

Brazil's Petrobras may increase investments in its next five-year business plan by up to 10% over the previous one, which would place the state-run oil company's capital expenditures at around $86 billion, Chief Financial Officer Sergio Caetano Leite said in an interview on Monday. The increase in the 2024-2028 plan, still being discussed, would include some $4 billion in inflation adjustments and between $1 billion and $4 billion for new projects, Leite said. The plan, set to be published by year end, will be the first since President Luiz Inacio Lula da Silva took office in January pledging to increase investments by the oil giant while using it to drive a green transition. ....

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