Petrobras sets 2013 capex

Petróleo Brasileiro S.A. (NYSE:PBR) has established its capex budget for 2013.

Offshore staff

RIO DE JANEIRO – Petróleo Brasileiro S.A. (NYSE:PBR) has established its capex budget for 2013. Of the total R$66,920,847,184 ($33,410,308,130), 60% is marked for exploration and production. That is R$40,152,508,310 ($20,046,184,878).

Guido Mantega was elected as chairman at the same meeting.

4/30/13

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