Post Tagged with: "Real to Dollar"

Petrobras Slashes $32 Billion from Five-Year Expenditure Plan

Petrobras Slashes $32 Billion from Five-Year Expenditure Plan

Oil Price Slide, Lower Exchange Rates Force Balance Sheet Adjustment

2015-2019 Plan is $125 Billion Lower than 2010-14 Plan

The past year has been one to forget for Petrobras (ticker: PBR), as Brazil’s state owned oil magnate moves on from …