Petrobras agrees with Brazil regulator to pay 7M, ending Jubarte field dispute

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Petrobras agrees with Brazil regulator to pay $167M, ending Jubarte field dispute


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Petrobras (NYSE:PBR) signed an agreement with Brazil’s ANP oil regulator to end legal proceedings involving the recalculation of government shares on oil production in the Jubarte field during periods ranging from 2009 to 2015, according to a Brazil securities

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