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Petrobras drastically cuts investment by 37% in next five years

Tuesday, June 30th 2015 - 06:14 UTC
Full article 8 comments

State-controlled oil giant Petrobras, which is mired in a corruption scandal that has rocked Brazil, said Monday it was cutting investment by 37% during the 2015-2019 period. Investment during the period will now total $130.3 billion, down from the $220.6 billion originally planned, Petrobras said in a filing with the Sao Paulo Stock Exchange. Read full article


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  • Brasileiro

    A question. If, as they say, corruption happened through legal donating money to the campaigns of the PT, why the PSDB (opposition) received even greater values than the PT?

    It seems that the right parties bought some members of the Federal Justice and federal prosecutors.

    One thing I know, the time is coming all be clear, because until now there has been only selective leaks parts of the process that runs on secrecy. And always harmful information to the PT.

    The bad servers of the Republic that demonstrate clear political interest in the judicial process should also be investigated, although I think it's already happening.

    Jun 30th, 2015 - 10:56 am - Link - Report abuse 0
  • ChrisR

    They will be lucky id the drop in future development is ONLY 37% because nobody with a brain is going to put ANY money in this company OR the country.

    So, brainless Brasso, it's all waiting for your millions of US dollars, not measly Reals. Oh! You don't have ANY money, do you?

    Jun 30th, 2015 - 11:19 am - Link - Report abuse 0
  • yankeeboy

    As the case rolls out in the USA they'll have to re-nationalize PBR to save it or it will go bankrupt.
    I bet they'll also find links to Lula and Dilma
    Who knows they may end up rotting in a USA prison where they belong.

    Jun 30th, 2015 - 11:31 am - Link - Report abuse 0
  • Brasileiro

    United States has ceased to command the America long ago.Now it is China and Russia who governs America and the world. I think you better learn Russian and Chinese soon.

    Jun 30th, 2015 - 11:41 am - Link - Report abuse 0
  • Skip

    They only govern your world Brasileiro.

    Whatever alternate reality that is.

    Jun 30th, 2015 - 12:00 pm - Link - Report abuse 0
  • yankeeboy

    4. You may want to tell the FIFA officials that

    gads what a retard

    Jun 30th, 2015 - 03:42 pm - Link - Report abuse 0
  • Chicureo

    I'm just curious how a state controlled company would send money to the PSDB when Dilma and the PT was in control of Petrobras...
    Brasileiro, could it be that you are just delusional?

    Jul 01st, 2015 - 02:45 am - Link - Report abuse 0
  • Jack Bauer

    @1 brASSHOLE
    ”A question. If, as they say, corruption happened through legal donating money to the campaigns of the PT, why the PSDB (opposition) received even greater values than the PT?”

    What a f*cking idiot you are.....first of all, the money that was siphoned off PB into the PT's coffers, may have been made to 'look' like legal donations, and may even have been registered officially when entering, but one thing, the MAIN thing, no-one mentions the ORIGIN of the money......
    And second, with so many whistle-blowers already having said the same thing, that is, that the bribe money paid to PB directors (appointed by Lullu and Dilma) was channelled into Dilma's election campaigns in both 2010 and 2014, there is no more denying it. Fatty D was elected with PB money, and the connection has already been established. Even Dilma, after her election admitted she was unable to confirm that her campaign funds were of legal origin, only that she was not responsible for them....Vaccari Neto too, can deny it all he wants, but it won't change the fact the party that received most of the PB bribery money, after the PP, was the PT, and then the PSDB (a distant third). Get your facts right.

    Jul 01st, 2015 - 08:35 pm - Link - Report abuse 0

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