SITUATION REPORT

Brazil: Senate Approves Bill Paving the Way for Offshore Oil Auction

Oct 16, 2019 | 18:53 GMT

The Brazilian Senate has approved a deal between the government and state-owned energy company Petroleo Brasileiro (Petrobras) to divide the proceeds from a Nov. 6 auction covering the so-called transfer of rights area off the Brazilian coast, Reuters reported Oct. 15....

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