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Brazil's Senate approves bill clearing path for massive oil auction

Brazil's Senate unanimously approved a bill on Tuesday night that determines how proceeds from a massive upcoming oil bidding round will be divided among states and municipalities, allowing the so-called transfer-of-rights auction to go ahead on Nov. 6. [Source]

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Origin: reuters.com

Category: companyNews

Topics: massive, Brazil's, auction, Senate, determines, clearing, night, unanimously approved, approves, proceeds from, upcoming, allowing, so-called transfer-of-rights, ahead, municipalities, among states, bidding, round, divided

Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/ij1lrx4_4vQ/brazils-senate-approves-bill-clearing-path-for-massive-oil-auction-idUSE5N26U014

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