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Brazil Court Overturns Injunction Blocking Oil Auction

Posted by October 27, 2017

A Brazilian federal court overturned on Friday an injunction issued a day earlier which was blocking the start of an auction for oil blocks in Brazil's offshore pre-salt area.
 

Energy minister Fernando Coelho Filho said in Rio that auction organizers were waiting for the court decision to be published to start the round, which he said would happen soon.

 

Reporting by Rodrigo Viga Gaier and Ricardo Brito 

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