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6 results for “Amazon oil

Federal Prosecutors Seek to Suspend Petrobras’ Amazon Oil Discovery License
PROPoliticsSep 20

Federal Prosecutors Seek to Suspend Petrobras’ Amazon Oil Discovery License

Brazil’s Federal Public Ministry is challenging Petrobras’s license for the Morpho well, citing a failure to consult Amazon traditional communities.

Lula Demands Judicial Transparency as $2.5 Billion Energy Auction and Amazon Oil Drilling Advance in Brazil
MarketsSep 09

Lula Demands Judicial Transparency as $2.5 Billion Energy Auction and Amazon Oil Drilling Advance in Brazil

Lula demands judicial reform amid scandal; government pushes $2.5B energy auction and Amazon oil drilling; Nubank invests $8.2B.

Lula’s Independence Day Speech Hardens Stance on Sovereignty, Signaling Resource Nationalism
PROPoliticsSep 07

Lula’s Independence Day Speech Hardens Stance on Sovereignty, Signaling Resource Nationalism

President Lula used his Sept 7 address to stress national control over resources like critical minerals and Amazon oil.

Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model
PROMarketsAug 19

Former Petrobras Director Warns New Amazon Oil Finds Need Policy Shift from Pre-Salt Model

Ildo Sauer, who helped launch Brazil's pre-salt oil era, argues new Equatorial Margin discoveries must change from a profit-focused model.

Lula Re-Frames Amazon Oil Drilling as Global Supply Chain Necessity, Citing Hormuz Risk
PROPoliticsAug 17

Lula Re-Frames Amazon Oil Drilling as Global Supply Chain Necessity, Citing Hormuz Risk

President Lula has shifted his justification for Equatorial Margin drilling to national security following Petrobras's Morpho discovery.

Petrobras Confirms Oil Discovery in Amazon Mouth Basin, Igniting Fierce Environmental and Economic Battle
PROMarketsAug 17

Petrobras Confirms Oil Discovery in Amazon Mouth Basin, Igniting Fierce Environmental and Economic Battle

State-owned Petrobras confirms hydrocarbons in the controversial Equatorial Margin, sparking a debate between Lula's economic vision and climate goals.