-
'Historic Mistake': Brazil Opens Up Amazon to New Oil Drilling Ahead of Global Climate Summit
20 Oct 2025 23:55 GMT
… that oil revenue will help fund Brazil';s transition to renewable energy, … license was issued, allowed Petrobras to prove after obtaining … "The history of oil in Brazil shows this clearly: huge … phase-out plans for oil and gas operations.
Nick Young, …
-
Petrobras obtains license for Brazilian Equatorial Margin well years after initial plan rejected
21 Oct 2025 02:08 GMT
… do Amazonas basin, offshore Brazil.
The exploration well will … oil and gas on an economic scale.
Ibama initially rejected Petrobras’ …
Magda Chambriard, president of Petrobras, said the company has … through which Ibama verified Petrobras' capabilities and …
-
Brazil's government greenlights oil drilling near mouth of Amazon River ahead of UN climate summit (World)
21 Oct 2025 03:14 GMT
… center for state-run oil company Petrobras, in Brasilia, Brazil, May 15, 2024 … believed to be rich in oil and gas.
The biodiverse area is home … regulator said in a statement.
Energy Minister Alexandre Silveira celebrated the …
-
Brazil approves oil drilling near mouth of Amazon River
21 Oct 2025 03:10 GMT
… off Brazil';s coast is believed to be rich in oil and gas.
The … had initially refused a similar Petrobras application in May 2023 citing … , saying the oil revenue would help fund Brazil';s climate transition. Brazil';s Energy Minister Alexandre …
-
Brazil greenlights oil drilling in sensitive Amazon region, alarming environmentalists
21 Oct 2025 01:03 GMT
… of our oil sovereignty. Brazil cannot afford to neglect its potential,” Energy Minister … of Petrobras, in a statement.
Brazil meets most of its energy needs through … new oil production will not add to its own greenhouse gas tally …
-
Brazil grants oil exploration licence in Amazon region
20 Oct 2025 23:46 GMT
… has not come yet”
Brazil’s state oil firm has received a … to assess whether there is oil and gas in the area on … would not produce oil commercially at this stage.
Brazil’s environment …
Petrobras said it was committed to ensuring the country’s “energy security …
-
Petrobras Granted License to Drill Well in the Foz do Amazonas Basin
20 Oct 2025 21:40 GMT
… government’s environmental and energy sectors. The state- … new production hub.
Petrobras president Magda Chambriard described … country cannot give up oil revenue.
Environmental organizations … contradicts Brazil’s climate commitments. "Authorizing new oil …
-
Brazil's government green-lights oil drilling near mouth of Amazon River ahead of UN climate summit
20 Oct 2025 20:33 GMT
… drilling by state-run oil-giant Petrobras near the mouth of … the coast of Brazil, which stretches from Brazil’s border with … to be rich in oil and gas.
Petrobras said in a statement … the future of our energy sovereignty. Brazil cannot give up knowing …
-
India, Brazil Energize Bilateral Ties Via Oil Trade
20 Oct 2025 19:44 GMT
… discussed cooperation in areas spanning energy, trade, investments, healthcare, and agriculture … Petroleum and Natural Gas Hardeep Singh Puri. The Brazilian vice president later … barrels of crude. Petrobras will be supplying oil to three major Indian …
-
Brazil approves oil drilling in sensitive Amazon region, draws backlash
20 Oct 2025 19:22 GMT
Brazil’s Petrobras received approval Monday to begin oil drilling near the mouth of … existence of oil in the Brazilian portion of this new global energy frontier … ," said Magda Chambriard, president of Petrobras. The …