03:00 PM EDT, 10/14/2024 (MT Newswires) -- Petrobras (PBR) is expected to lower its 2025 investment plans to around $17 billion, down from a previously forecasted $21 billion, Reuters reported Monday, citing sources familiar with the matter. The Brazilian state-run oil company is scaling back spending despite government requests to boost capital expenditures, the report said, adding that the rising...

WASHINGTON, Oct 14 (Reuters) - Alphabet's Google said on Monday it signed the world's first corporate agreement to buy power from multiple small modular reactors as the technology company looks to meet electricity demand from artificial intelligence. The agreement with Kairos Power aims to bring Kairos' first small modular reactor online by 2030, followed by additional deployments through 2035. The...

RIO DE JANEIRO, Oct 14 (Reuters) - Brazil's Petrobras is discussing a partnership with Vale to help the mining company lower carbon emissions, the state-run oil firm's Chief Executive Magda Chambriard said on Monday. WHY IT'S IMPORTANT The two Brazilian companies are among the largest in Latin America by market value. Chambriard said the firms will help each other decarbonize,...

WASHINGTON (Reuters) - Alphabet's Google said on Monday it signed the world's first corporate agreement to buy power from multiple small modular reactors as the technology company looks to meet electricity demand from artificial intelligence. The agreement with Kairos Power aims to bring Kairos' first small modular reactor online by 2030, followed by additional deployments through 2035. The companies did...