Petrobras keeps target of 2.5m bpd in 2016 and 4.2m bpd in 2020

Monday, March 18th 2013 - 07:59 UTC

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Brazilian state-controlled oil company Petrobras has unveiled its business plan for the 2013-2017 period projecting investment of 236.7 billion dollars and maintaining its goal of raising crude-oil output from 2 million barrels per day in 2012 to 4.2 million bpd in 2020. Read full article

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ChrisR
Sounds very good.

Let us all hope Dillma does not have to drop prices for 'popularity' reasons!
Mar 18th, 2013 - 04:07 pm - Link - Report abuse 0
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