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Petrobras (PBR +0.8%) receives approval from Brazil's oil regulator to acquire Anadarko's (APC...

Petrobras (PBR +0.8%) receives approval from Brazil's oil regulator to acquire Anadarko's (APC +2.3%) 30% stake in the ES-M-661 oil exploration block located 36 miles off the coast of Espirito Santo state where PBR found heavy oil in July. APC says it is focusing on its assets in the adjoining Campos Basin.
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