Petrobras Plans $6B Investment in Rio de Janeiro Refining Projects

In This Article: Petróleo Brasileiro – Petrobras (NYSE:PBR) is one of the most undervalued large cap stocks to buy according to analysts. It was announced on July 4 that Petrobras is set to invest ~33 billion reais (~$6 billion) in refining and petrochemical projects in Rio de Janeiro, as part of…