Tuesday, 18 January 2022

Tag Archives: oil fields auction

Brazil’s oil fields auction fetches $1.9 billion

RIO DE JANEIRO: Brazil ‘s much anticipated auction of deep water, pre-salt oil blocks raked in 6.15 billion reais ($1.9 billion) in Rio de Janeiro after the government overturned a court injunction suspending the sale. The signing bonuses fell beneath the government’s goal of 7.15 billion reais, with two of ...

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