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Brazil house approves sale of transfer of rights areas

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Thursday, June 21, 2018

Brazil's lower house of congress approved on Wednesday a bill that lifts the ban on state-run oil firm Petrobras selling areas in oil fields under the transfer of rights regime. The house voted 217-57 in favor of Petrobras being able to sell up to 70% of the blocks. Signed in 2010, the transfe...

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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.