Tag: oil fields

SÃO PAULO, BRAZIL – The enormous buildup surrounding this week’s petroleum field auctions in Brazil flopped, as no major oil company came forward to bid for the November 6th and 7th blocs, located along the Brazilian coastline. Headlines across...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – At least 158 petroleum exploration blocks have been approved by environmental agencies to be auctioned off later on this year in the first permanent-offer system, according to the National...

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