The board of directors of Petrobras has approved new guidelines in the strategic plan through 2028 to allocate more capital expenditures to low-carbon projects, the Brazilian state-owned oil firm said on Thursday. Under the new strategic guidelines, Petrobras will allocate between 2024 and 2028 between 6% and 15% of its capex to low-carbon energy projects, compared to 6% of capex going to low-emission projects in the 2023-2027 strategic plan. The final approval of the new strategic plan and allocation for low-carbon projects will take place…
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