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Exxon: To Relinquish Block In Brazil’s Oil-Rich Santos Basin – Wall Street Journal

Exxon: To Relinquish Block In Brazil's Oil-Rich Santos Basin
Wall Street Journal
By Angel Gonzalez Of DOW JONES NEWSWIRES HOUSTON (Dow Jones)–Exxon Mobil Corp. (XOM) said Friday it is abandoning its only exploration effort in the Santos Basin, epicenter of Brazil's offshore oil boom, an area where it has obtained mixed results

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