Petrobras tipped to become world’s largest listed oil producer

Brazil’s Petrobras is on course to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts. After a tough few years embroiled in a huge corruption scandal, Petrobras is now the world’s fastest growing oil producer and Rystad analysis suggests it will need to spend $70bn on field development between 2020 and 2025.

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