News
15 February 2019

Petrobras to pay $940m to end Whale Park dispute

In:
Oil & gas
Region:
Americas

Brazil state-run oil firm Petrobras has concluded a long-running dispute with the country's ANP petroleum regulator, agreeing to pay BRL3.5 billion ($940 million) to end an oil-royalty spat.Dating back to 2014, the dispute over the so-called Whale Park offshore oilfields arose after the ANP...

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