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LatinNews Daily - 27 March 2026

In brief: Brazil’s Petrobras announces new oil discovery

*Brazil’s state oil company Petrobras has announced a new oil discovery in the Campos basin off the coast of Rio de Janeiro state. The discovery of “high quality” pre-salt oil followed the drilling of an exploratory well with a depth of 1,178 metres in the Marlim Sul oilfield, in which Petrobras is the sole operator.

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