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Costa Rica
Saturday, October 16, 2021
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petroleum

Petrobras top management resigns in Brazil corruption case

RIO DE JANEIRO — Petroleo Brasileiro Chief Executive Officer Maria das Gracas Foster and five of her top managers stepped down amid a corruption probe that's wiped out billions of dollars of the oil producer's market value and threatens Brazil's economic revival.

Costa Rica extends ban on petroleum extraction

President Luis Guillermo Solís extended the country’s ban on petroleum exploration and extraction until 2021 as well as creating guidelines for energy efficiency in government agencies.

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