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In Q2 2024, Brazil's Petrobras reported a $470M net loss, partly due to a tax charge, and plans to reduce investment to $13.5-14.5B.
Brazil's Petrobras reported a Q2 2024 net loss of $470M, lower than expected, due to a one-off tax charge and currency devaluation.
The company's net revenue increased 7.4% to $21.72B.
Petrobras plans to reduce its investment for the rest of 2024 to $13.5-14.5B from an earlier plan of $18.5B.
The tax payments are expected to help Brazil's government balance its budget.
Petrobras also approved a $2.45B dividend payout to shareholders.
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En el segundo trimestre de 2024, Petrobras de Brasil reportó una pérdida neta de 470 millones de dólares, en parte debido a un cargo tributario, y planea reducir la inversión a 13,5-14.5B.