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Petrobras ups capex to focus on deepwater pre-salt plays

New energy vision allocates 0.5% of budget to renewable energy

Helen Clark
Petrobras ups capex with lion's share to E&P for deepwater, pre-salt focus

Petrobras ups capex with lion's share to E&P for deepwater, pre-salt focus

Capital expenditure for exploration and production, refining, transporting and marketing will be US$78.4 billion for the period, with another $5 billion earmarked for gas development, $300 million for...

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