March 29, 2018 / 12:18 PM / a year ago

Petrobras CEO says oil auction still appealing despite missing blocks

Pedro Parente, Chief Executive Officer of Petroleo Brasileiro - Petrobras looks on during a meeting of the Council for Economic and Social Development (CDES) at the Planalto Palace in Brasilia, Brazil March 21, 2018. REUTERS/Ueslei Marcelino

RIO DE JANEIRO (Reuters) - Pedro Parente, Chief Executive Officer of Brazil’s state-controlled oil giant Petroleo Brasileiro, said he still thought there were good blocks on offer in an oil auction on Thursday, even after a court threw out two choice blocks in the Santos basin.

Reporting by Marta Nogueira; Editing by Chizu Nomiyama

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