US EditionBrazil's Petrobras gets green light to drill near mouth of Amazon river
Petrobras will conduct five months of exploratory drilling offshore in the Foz de Amazonas basin after winning a five-year legal battle despite environmental opposition.
- Brazil has approved oil drilling in a block located in Amazônia, near the mouth of the Amazon River, despite environmental concerns.
- The state-run oil company Petrobras said it would begin drilling immediately for 5 months to assess economic viability, though not produce oil commercially yet.
- While Brazil's environment minister opposes Amazon drilling, President Lula supports it for economic reasons and said Brazil will address any spill issues.
69 Articles
69 Articles
Brazil approves oil drilling near mouth of Amazon River
Brazil's government on Monday approved a license request by state-run oil giant Petrobras to drill for oil near the mouth of the Amazon River. The move has triggered sharp criticism by environmental activists ahead of the COP30 UN climate talks in Brazil next month. The Equatorial Margin deposit off Brazil's coast is believed to be rich in oil and gas. The company was granted the license to drill in the area after a five-year battle. The country…
Brazil's Petrobras gets green light to drill near mouth of Amazon river
Brazil's environmental agency Ibama greenlit state-run oil company Petrobras to conduct exploratory research by drilling wells in the Foz do Amazonas region, near the mouth of the Amazon river, the firm said in a statement on Monday.
Brazil's government greenlights oil drilling near mouth of Amazon River ahead of UN climate summit (World)
Brazil's government approved on Monday exploratory drilling by state-run oil-giant Petrobras near the mouth of the Amazon River. The decision comes only weeks before the United Nations climate conference in Belem, COP30, where efforts to reduce the use of fossil fuels will be discussed. The Equatori...
The project was promoted by Lula, who will host the UN climate summit in November in the Amazon city of Belém.
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