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S&P Global Platts' winning bid was 'advantageous," National Petroleum Agency tells Brazil’s CADE

By Paula Mariane ( October 4, 2023, 20:22 GMT | Insight) -- The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has told the Brazilian competition authority that the S&P Global Platts’ winning bid in an electronic auction proved to be “extremely advantageous” financially. The Administrative Council for Economic Defense, or CADE, is examining an auction in which S&P Global Platts, a provider of information and benchmark prices, won with a bid of 0.0001 reais.The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has told the Brazilian competition authority that the S&P Global Platts’ winning bid in an electronic auction proved to be “extremely advantageous” financially....

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