Petrobras approves $3.4 billion in extra dividends, $111 billion strategic plan

Petrobras has announced an extraordinary dividend payout of $3.4 billion to shareholders, resolving a dispute that arose earlier this year. The company also unveiled a revised $111 billion investment plan for 2025-2029, lowering the minimum cash level requirement. The plan prioritizes exploration and production activities while increasing investments in low-carbon initiatives.