Petrobras hands back NZ licences
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Brazilian oil giant Petrobras has pulled out of New Zealand, but the Government is hoping another company will pick up from where it left off.
The world's third-biggest oil company with sales of close to $150 billion a year, Petrobras had planned to invest $300m over the next three years in exploration and production ... READ MORE
Released by Fairfax - 4 December 2012