The Rio Times
Americas · 3 hrs ago
Petrobras Bets on Africa as Its Amazon Oil Gamble Runs the Clock
Energy Key Facts —New block. Petrobras added a fresh offshore block in São Tomé and Príncipe in April 2026, expanding its West African portfolio. —Africa first. The company’s 2026–2030 plan sets aside about $7.1 billion for exploration, with Africa named the top priority outside Brazil. —Wider footprint. Petrobras also holds stakes off South Africa and […]
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