Brazil will hold two auctions of onshore oilfields on Dec.  Brazil’s National Energy Policy Council approved on Wednesday a 10th oil bidding round for Dec. 18, but no offshore blocks will be auctioned, Brazil’s government decided it won’t schedule auctions of offshore oil properties because there is a lack of equipment necessary to expand exploration. [...]

September 4th, 2008 | Tags: billion barrels, edison lobao, espirito santo state, light oil and gas, onshore oilfields, santa catarina | Category: Business and Economy | Leave a comment