Petrobras takes step toward Amazon oil exploration license with key test go-ahead

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Bolsonaro Considers Privatization of Oil State Company Petrobras

Wagner Meier/Getty Images News

Petrobras (NYSE:PBR) moves closer to obtaining an exploration permit to drill in an environmentally sensitive offshore region in northern Brazil after receiving authorization for a pre-operational assessment in the area, OilPrice.com reported Wednesday.

Petrobras (NYSE:PBR) has been trying for

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