Brazil's Petrobras may get $14 billion to settle dispute over some oil exploration areas
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SAO PAULO (Reuters) - Petroleo Brasileiro SA (Petrobras) may receive about $14 billion (£11 billion) from the Brazilian government to settle a dispute relating to certain oil exploration areas, the state-run oil firm said in a securities filing on Tuesday.The dispute centres around payments relating to operations in the so-called transfer-of-rights area off the coast of Brazil.Such a settlement can only be confirmed after Brazil's TCU audit court issues an opinion on the matter, Petrobras..