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Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the... | June 1, 2023
After a major drilling project at home was denied due to environmental concerns, Petrobras is considering growing its footprint abroad.
Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters…
By Marta Nogueira RIO DE JANEIRO, June 1 (Reuters) - Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade.
The Brazilian Congress approved a series of actions to dismantle the president’s ambitious environmental agenda, including attacks on Indigenous people's rights and stripping powers of ministers.