Petrobras To Publish 5-year Investment Plan

Brazil oil company Petroleo Brasileiro SA (Petrobras) is likely to announce the details of its long-expected 5-year investment plan after holding of two meetings of the board before the end of next week.
Petrobras?s board will meet with Brazil?s Energy Minister Dilma Rousseff before the promulgating of the plan.
The company has said it plans to announce expansion, and possibly an acquisition, in the area of petrochemicals through its Petroquisa arm. Petrobras is also expected to reveal detail of its
overseas interest to add to its current 300,000 b/d crude production.