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Weekly Report - 18 August 2016 (WR-16-32)

BRAZIL: Petrobras makes some progress out of the rough

The troubled state-run oil giant Petrobras, which is at the centre of the biggest public-private corruption scandal ever to hit Brazil, is trying to get on with its day-to-day business objectives, focused on the development of its vast offshore deep-water reserves and improving domestic refining capacity for future output increases.

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