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    Petrobras' next investment plan to make Brazil self-sufficient in diesel production

    Picture of Petroleo Brasileiro SA Petrobras logoPetroleo Brasileiro SA Petrobras
    07/08/2026 19:42
    Petrobras' next investment plan to make Brazil self-sufficient in diesel production
    RIO DE JANEIRO, Aug 7 (Reuters) - State-run oil firm Petrobras' PETR3.SA next investment plan to be unveiled this year will make Brazil self-sufficient in diesel production by 2031, said Petrobras' director of industrial processes and products, William Franca, on Friday.
    The firm's business plan for the 2027-2031 period will seek to increase Brazil's diesel production from 700,000 barrels per day currently to 1.25 million bpd, said Franca during an earnings press conference.

     (Reporting by Fabio Teixeira and Marta Nogueira; Editing by Nia Williams)
     ((Fabio.Teixeira@thomsonreuters.com; +55 21 99603-4782;))

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