Oil giants win exploration breather in Brazil over Covid-19

Market regulator ANP gives oil companies including Petrobras, Total and BP more time for wildcatting activity

More time: Patrick Pouyanne, chief executive of Total, one of the companies that secured contract extensions in Brazil — More time: Patrick Pouyanne, chief executive of Total, one of the companies that secured contract extensions in BrazilPhoto: REUTERS/SCANPIX

Fabio Palmigiani

Rio de Janeiro

Brazil Petrobras BP Total Brazilian National Petroleum Agency

Published 14 August 2020, 15:10Updated 14 August 2020, 15:10