VOICED : Petrobras: recortes de inversion buscan encaminar compania

Petrobras, a major Brazilian oil company, announced a 37% cut in its investment plan for the next five years. This decision aims to steer the company back on track after a significant corruption scandal, known as 'petrolao', which involved fraudulent contracts and led to substantial financial losses and legal consequences for executives and politicians. Despite the scandal's impact, market factors are considered the primary reason for the investment reduction, which totals $76.5 billion. The company is undergoing reorganization to balance its operations. The ongoing investigation continues to affect Petrobras, with its stock value dropping over 3% on the Sao Paulo stock exchange.

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