Brazil's petroleum regulator appeals an injunction banning Transocean (RIG) and Chevron (CVX)...


Brazil's petroleum regulator appeals an injunction banning Transocean (RIG) and Chevron (CVX) from operating in Brazil on the grounds the ban would harm oil exploration in the country. Among the repercussions of a ban would be preventing state-run Petrobras (PBR) from drilling eight new wells in its massive Marlim field northeast of Rio de Janeiro.

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