Brazil's Lula Hails New Oil Find as 'Passport to the Future'
37 Articles
37 Articles
Petrobras confirms oil off the Amapá coast but cannot yet estimate the volume
Brazil's state-controlled Petrobras confirmed on Monday the presence of oil in the Morpho exploratory well, located in ultra-deep waters off the northern state of Amapá, in the Foz do Amazonas basin. The company cautioned that it cannot yet estimate the volume found or the viability of commercial production.
Brazil’s president has defended the project despite criticism from environmental organizations and concerns about climate impact
Petrobras oil company announced on Friday that it had detected evidence of the presence of oil in deep waters, 175 kilometers from the Amazon coast, in the vast maritime region Equatorial Margin.
The Brazilian state-owned company Petrobras announced on Friday that it had detected evidence of the presence of oil in deep waters 175 km from the coast of the Amazon, in the Equatorial Margin. An exploration contested by the environmentalistsWithout denying its fight for a greener energy, Brazilian President Luiz Inacio Lula da Silva called Monday the "passport for the future" the oil recently discovered off the Amazon.The Brazilian state-owne…
Petrobras has detected oil indices in the Equatorial Margin, a particularly sensitive maritime area.
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