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Petrobras' Bid To Arbitrate $821M Refinery Deal Stalls

By Christopher Crosby (September 25, 2018, 3:44 PM EDT) -- A Texas appellate court said Tuesday that Brazilian state-run Petrobras can't immediately resume international arbitration proceedings against a Belgian oil company over allegations their $820.5 million refinery settlement was the product of fraud because the oil giant, which had asked for an emergency order, hasn't exhausted its other appeals options....

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