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Showing posts with label Brazil's crude oil production. Show all posts
Showing posts with label Brazil's crude oil production. Show all posts

Tuesday, October 23, 2012

Brazil Regulators OK Sinochem Purchase of 10% Stake in Offshore Blocks

Brazil's National Petroleum Agency, or ANP, approved Chinese oil company Sinochem's purchase of a 10% stake in five offshore blocks as the state-run company continues its expansion into Latin America's hottest oil frontier.