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Bolivia will launch technical talks next week with Brazil's state-run oil firm Petrobras on its possible return to exploration and production in the country, while the ​company is also willing to help restructure state energy firm YPFB, Energy Minister ‌Marcelo Blanco said on Thursday.

AI bubble fears keep resurfacing, and depending on who you ask, the story is either just getting started or already cracking at the edges. Doug Casey, founder of International Man and a self-described technophile who has invested across more than 50 years and 155 countries, falls firmly in the second camp.

Petrobras offers a compelling long-term investment case, underpinned by robust asset quality and aggressive production ramp-up. PBR is investing $20 billion annually, targeting 675,000 barrels/day of new capacity through FPSOs, with no forecasted increase in debt. Double-digit FCF yield supports a sustainable 7% dividend, as PBR prioritizes dividends over buybacks while maintaining declining leverage.

The board of ​Brazilian state-run oil company ‌Petrobras has approved a $1.2 billion investment to develop a ​plant for renewable jet ​fuel, known as bioQAV, ⁠and renewable diesel, the ​company said in a securities ​filing on Friday.

Brazil's state-run oil firm ​Petrobras said on ‌Wednesday it has entered into a deal ​with Equinor Brasil ​to acquire a 50% ⁠stake in the ​Itaimbezinho block in the ​offshore Campos Basin.