Petroleo Brasileiro (PBR) said Monday it plans to invest $111 billion over a five-year period from 2025 to 2029.
The investment, subject to board approval, includes a $77 billion investment in the exploration and production, and $20 billion in the refining, transportation, marketing, petrochemicals and fertilizers segment.
Petrobras disclosed the figures in response to a media report that it said had the additional information "inaccurate or incorrect."
The firm projected 3.2 million barrels of oil and gas equivalent production per day during the 2025 to 2029 period.
It also estimated ordinary dividends with a range starting at $45 billion and flexibility for extraordinary payments of up to $10 billion during the five-year period.
Petrobras said its board will meet on Thursday to review the plan.
Petrobras shares were up over 2% in recent trading. The company had temporarily halted trading earlier pending material news.
Price: 14.44, Change: +0.33, Percent Change: +2.30
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。