SAO PAULO Nov 30 Brazil's President Michel Temer has signed a law authorizing companies other than Petroleo Brasileiro SA to participate in offshore subsalt region oil projects.
According to Wednesday's edition of the government's official gazette, the law modifies 2010 rules requiring all new developments in the so-called Subsalt Polygon offshore area be led by Petrobras. The new law gives Petrobras right of first refusal to operate subsalt projects and take a minimum 30 percent financial stake in all subsalt projects. (Reporting by Ana Mano; Editing by Greg Mahlich)
Norway government aims to sign 2017 spending plan on Saturday -source
OSLO, Dec 3 Norway's right wing minority coalition expects to sign a deal with centrist partners in parliament on Saturday for a 2017 fiscal budget, which would rescue the government from collapse, a source close to the talks told Reuters.