It is big news as it shows Petrobras (Brazil) can and will negotiate revised transactions.
The recent AFR article alluded to this being a risk "Fund managers and analysts know the problem is that it is not just bilateral talks between a couple of oil companies – there's also Brazil to worry about."
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- Big news overnight, Bauna deal terms very likely to be revised
Big news overnight, Bauna deal terms very likely to be revised, page-11
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