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With the Intention of Saving US$ 8.1 Billion by 2023, Petrobras Plans to Lay Off Employees and Reduce Operational Activities Starting This Year
Petrobras announced a few days ago its plan to reduce its operational expenses by up to US$ 8.1 billion between 2019 and 2023, an announcement officially made on March 8. According to Petrobras, spending on employees is among the main cuts within the project through the voluntary dismissal plan, also including reductions in advertising expenses and its offices across the country.
With this reduction in expenses in its plans, the Brazilian state-owned company said it is also included in the divestment program, which was previously estimated at US$ 122.6 billion by 2023.
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Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.
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Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.
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Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.
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Taller than the Statue of Liberty, thousands of wind turbines are being planted in the middle of U.S. fields, creating two-story farms where corn and soybeans grow below while the wind turns into electricity above.
Some other mature fields spread throughout Brazil have also recently entered into these Petrobras sale projects and expense reductions
All indications are that there will be no public competition for Petrobras this year 2019, but we are hearing internal rumors about a competition soon to be announced by BR Distribuidora, stay tuned to our publications, we will inform you first.
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