Brazil's oil auction Cheap at the price – The Economist

Brazil’s oil auction Cheap at the price
The Economist
SIX years after discovering giant offshore “pré-sal” oil deposits, so called because they lie beneath a thick layer of salt under the ocean bed, Brazil has finally auctioned the rights to develop some of its deeply buried wealth. On October 21st the
Brazil’s Pre-Salt Auction Goes to Shell-Total ConsortiumOilPrice.com
Petrobras with sufficient funds to operate Libra; denies need of fuels price MercoPress

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