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MercoPress, en Español

Montevideo, November 5th 2024 - 06:44 UTC

Tag: Rafael Grisolia

  • Monday, September 24th 2018 - 09:15 UTC

    Petrobras plans to increase output 10% next year to some 2.3 million bpd

    The world’s most indebted oil company is on course to reduce debt to US$ 69 billion by the end of this year, CEO Grisolia pointed out.

    Brazil’s state-run oil giant Petrobras aims to raise output as much as 10% to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by US$10 billion, according to Chief Financial Officer Rafael Grisolia. The world’s most indebted oil company is on course to reduce debt to US$ 69 billion by the end of this year despite falling short of its US$ 21 billion asset sales target, Grisolia pointed out.