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Brazilian state-controlled oil company Petrobras will no longer have to sell four refineries earmarked for divestment by the previous government, following a ruling by the country’s competition watchdog on Thursday. The decision means Petrobras can retain control of refineries such as Repar in Rio de Janeiro, Refap in Rio Grande do Sul, Regap in Minas ...
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Two separate agencies regulating Nigeria’s oil industry have offered wildly different figures for the country’s actual oil production, with one agency recording a 17% shortfall with some $3.3 million at stake, Nigerian Vanguard reported on Thursday. The Nigerian Upstream Regulatory Commission (NUPRC) claims that its data shows the country’s actual oil ...