Petrobras may issue extraordinary dividends in 2024 if conditions allow, despite a recent net loss. The company remains focused on balancing payouts with future investments.
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Brazil
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Brazil’s state-run oil company Petrobras has reached an agreement with Abu Dhabi’s sovereign investor Mubadala to take back control of a refinery in Bahia, while also partnering with the fund …
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In a move that signals Brazil’s ambition to explore new energy frontiers, the nation is considering venturing into the Equatorial Margin for oil extraction. However, Finance Minister Fernando Haddad emphasised …