INSUBCONTINENT EXCLUSIVE:
high dividends and manage debt if oil prices remain around $65 per barrel.Bank of America echoed these concerns, highlighting the uncertain
Brasil claims R$36 billion in damages, alleging Petrobras breached contracts and acted in bad faith by withdrawing support from a major
drilling project after corruption scandals surfaced.Petrobras Faces Downgrades and Billion-Dollar Lawsuit as Investors Weigh Risks
(Photo Internet reproduction)The project collapsed when financing was cut, leaving Sete Brasil insolvent
If the court rules against Petrobras, the company could face one of the largest compensation payments in its history, directly affecting its
investment plans and shareholder payouts.Despite these challenges, Petrobras reported strong cash flow in the first quarter of 2025, with
$8.5 billion in operating cash and $4.5 billion in free cash flow
The company plans to invest $111 billion by 2029, focusing on oil, gas, and low-carbon energy.However, the legal risks and lower analyst
