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Brazil Oil Measures Could Unlock $120b in Investments

Source: Reuters 3/9/2016, Location: South America

Measures to encourage oil and gas exploration in Brazil published in the official gazette could unlock $120 billion in investments, Energy Minister Eduardo Braga said in a statement.

The National Council of Energy Policy (CNPE) authorized the country's oil agency to extend the concession of oil fields auctioned off in 1998 and proposed the extension of a special customs regime for oil equipment known as Repetro, according to the official gazette on Wednesday.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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