Brazil’s plan to auction off production rights to Libra, its largest-ever oil discovery, triggered nationalist protests. Ultimately, a consortium comprising petroleum companies Shell and Total, two Chinese firms and the state-run Petrobras won Monday’s auction to develop the offshore block.
Oct. 21, 2013 Protesters cross a security line before a clash with National Force soldiers on Barra da Tijuca Beach, near the Windsor Barra Hotel in Rio de Janeiro, where the auction for Brazil’s Libra oil field was set to take place. A consortium comprising the petroleum companies Shell and Total, two Chinese firms and Brazil’s state-run Petrobras won the auction to develop the massive offshore oil block. Ricardo Moraes/Reuters Buy Photo