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Oil Money Did Not Solve Problems in Presidente Kennedy and Campos Dos Goytacazes

Just over 100 km separate Presidente Kennedy, in Espírito Santo, from Campos dos Goytacazes, in Rio de Janeiro. Vastly different in terms of territorial extension, population size, and economic vocation, what unites the two municipalities is oil revenue. Since the end of the last century, the public coffers of Campos and Kennedy have been flooded with billions in royalties and special participations (PEs) linked to oil exploration in the Campos …
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Just over 100 km separate Presidente Kennedy, in Espírito Santo, from Campos dos Goytacazes, in Rio de Janeiro. Vastly different in terms of territorial extension, population size, and economic vocation, what unites the two municipalities is oil revenue. Since the end of the last century, the public coffers of Campos and Kennedy have been flooded with billions in royalties and special participations (PEs) linked to oil exploration in the Campos …

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Agência Pública broke the news in on Wednesday, August 6, 2025.
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