Brazil Could Drill For Oil In Environmentally Sensitive Offshore Area
Brazil’s Finance Minister has said that Petrobras could launch oil exploration in an environmentally sensitive deepwater basin if it is cautious.
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Brazil’s Finance Minister has said that Petrobras could launch oil exploration in an environmentally sensitive deepwater basin if it is cautious.
By Lisandra Paraguassu BRASILIA (Reuters) - Brazil will likely end up exploring the Equatorial Margin for oil but state-run Petrobras should adopt a "cautious" approach given the need for precautions to protect the environment, Finance Minister Fer...
Brazil will likely end up exploring the Equatorial Margin for oil but state-run Petrobras should adopt a 'cautious' approach…
The chief of staff of Brazil’s President has signaled that Petrobras will be able to pursue oil and gas drilling in the Amazon.
The attorney general’s office, or AGU, will issue an opinion that it is not necessary for Petroleo Brasileiro SA to conduct a major environmental impact study to begin prospecting oil in the so-called Foz do Amazonas, a region off the country’s northern coast, according to two people with knowledge of the matter.