EnergyNotableConfirmedDeveloping
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Brazil signals intent to develop offshore oil reserves near Amazon basin
Le Monde·BR·3 days ago
The Brazilian Ministry of Finance is pushing to extend a 12% oil export tax for 60 days, with a formal decision expected from the Chamber of Foreign Trade (Camex) on August 27. This move signals a potential shift toward maintaining the levy beyond its September 9 expiration, creating fiscal uncertainty for domestic oil producers.