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Petrobras wins key regulatory approval to drill near Amazon

Brazil’s state-controlled oil company received permission from regulators to perform emergency response drills near the mouth of the River, a crucial step toward winning approval to explore in a region the company has been pushing to access for years.  Petroleo Brasileiro SA is expected to start emergency drills in the Foz do Amazonas basin on […]

Indonesia, Malaysia strive to reach agreement on disputed offshore blocks

“There’s a territorial border between Germany and the Dutch that hasn’t been settled in 300 years. If the Dutch and the Germans couldn’t finish in 300 years, why should we finish in 10?,” Indonesia Deputy Foreign Minister Arif Havas Oegroseno said in an interview on Friday. If the talks between the Southeast Asian nations “take a long time, so be it.”