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Tag: oil auction

By Doug Gray, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Some of the world’s biggest oil companies joined forces in a successful bid for the country’s first pre-salt offshore oil field, Libra, this week, the R$15 billion signing fee...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL - Some of the world's biggest oil companies have snubbed Brazil's much-vaunted auction of offshore pre-salt oil blocks as the National Petroleum Agency (ANP) tried to remain positive despite receiving only a fraction...

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