Petrobras


Brazilian energy giant Petrobras plans to spend almost $107,000 a minute over the next four years as part of its immense and recently expanded $224.7 billion spending plan.

Petrobras will execute its first asset sale program and take on substantial debt to fund its 2011-2015 business plan, which will cost nearly $154 million each day, much of that planned for spending on exploration and production. Keep reading →

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