Brazil Charts $100 Billion Path to Be Global Oil Power
Updated Nov. 24, 2023 5:48 pm ETSÃO PAULO—Brazil’s state-controlled oil company, Petrobras, announced it would invest $102 billion before the end of 2028 as Latin America’s biggest nation positions itself to become one of the world’s major oil powers.“Someone has to produce oil, right?” the company’s chief executive, Jean Paul Prates, said in an interview Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
