Brazilian Government

The Brazilian government awarded two of the four blocks on offer in its priciest oil auction since 2010.

The Brazilian government awarded two of the four blocks on offer in its priciest oil auction since 2010.

Brazil’s oil tender yields $17B, falls short of hopes

RIO DE JANEIRO – The Brazilian government awarded two of the four blocks on offer in its priciest oil auction since 2010 on Wednesday, securing about $17 billion dollars.