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Petrobras Oil Auction Strategy Drawn Up

Posted by September 27, 2017

Petróelo Brasileiro SA has drawn up a strategy to participate in Brazil's three upcoming oil auctions this year, as a declining debt burden has increased the state-controlled oil producer's firepower, Chief Executive Officer Pedro Parente said on Wednesday.

 

Reporting by Pedro Fonseca and Rodrigo Viga Gaier 

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