Feds revive proposal for new oil, gas drilling in California  Star TribuneThe federal government wants to reopen over 1.7 million acres (690000 hectacres) in California to oil and gas drilling that includes fracking on land that has ... Read more …

Brazil sets minimum profit-sharing levels for oil mega-auction  ReutersBrazil's national energy council on Thursday published updated parameters for a massive oil auction scheduled for later this year, including minimum levels of ... Read more ht …

UPDATE 1-Brazil sets October oil auction signing bonus of $26.9 bln - minister  Reuters(Adds details on areas auctioned, use of proceeds). BRASILIA, April 17 (Reuters) - Brazil's government will require a signing bonus of 106 billion reais ($26.9 …

Explainer: Brazil's transfer-of-rights oil area - What's next?  Reuters AfricaBrazil's government and state-controlled oil company Petroleo Brasileiro SA have settled a long-running dispute about one of the world's most promising ... Read more ht …