Brazil pre-salt bill advances

A bill that would allow companies other than state-led Petrobras to run new oil and gas projects in Brazil's prolific pre-salt region advanced on Thursday when a committee of the lower house of Congress voted to recommend it in hopes of reviving stalled petroleum investment.

Pre-salt: bill would end Petrobras' exclusive rights in prolific oil region
Pre-salt: bill would end Petrobras' exclusive rights in prolific oil region
Published 7 July 2016, 20:25Updated 25 October 2016, 15:26
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