Petrobras Secures Exploration Rights for Eight Offshore Blocks in Côte d'Ivoire

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Source: Dukascopy Bank SA
Brazilian state-run oil company Petrobras has signed a production-sharing agreement to explore eight offshore blocks along the equatorial margin of Côte d'Ivoire, operating with a 90% stake alongside local state firm Petroci Holding as part of a broader strategy to replenish global oil and gas reserves.
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Mon, 28 Sep 2026 12:00:04 GMT

Brazil Enacts Critical Minerals Policy With Up to 7 Billion Reais in Incentives

Brazilian President Luiz Inácio Lula da Silva signed into law a national policy dedicating up to 7 billion reais ($1.27 billion) to stimulate research, extraction, and domestic processing of critical and strategic minerals, backed by a 2 billion reais federal guarantee fund to bolster mineral sovereignty and supply chains for green technology and defense industries.

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