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UPDATE 1-CPFL Renováveis scraps IPO as license plans hit Brazil power sector
* Brazil IPOs struggle on weak market, regulatory concerns
GSPC seeks full control of Gujarat Gas
Gujarat State Petroleum Corporation has agreed to buy 65.12% of Gujarat Gas Company for Rs24.6 billion ($470 million)
Brazil court relaxes ban on Transocean
An order to suspend drilling within 30 days has been eased at the request of regulators, helping renew confidence among foreign oil and gas companies
