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18 results for “Foz do Amazonas”
Petrobras to Drill Three More Equatorial Margin Wells After Securing IBAMA Approval
Brazil's state-owned oil company, Petrobras, has secured environmental approval to drill three new exploratory wells in the Foz do Amazonas basin, opening a high-stakes energy frontier.
Petrobras Pushes for Amazon Mouth Drilling Start in January Despite Court Challenge from Federal Prosecutors
Brazil’s state-controlled oil company plans to proceed with a new phase of exploration in the Foz do Amazonas basin after Ibama approval, even as federal prosecutors seek an injunction.
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.
Brazil’s Environmental Agency Approves Three New Petrobras Wells in R$7 Trillion Equatorial Margin
Brazil’s environmental regulator, IBAMA, authorized Petrobras to drill three new exploratory wells in the sensitive Equatorial Margin, a region President Lula views as a crucial economic frontier.
Lula Declares Equatorial Margin the 'New Pre-Salt,' Framing Oil Push as Defense Against US Interest
Brazil's President Luiz Inácio Lula da Silva compared a new offshore oil frontier to the massive Pre-Salt reserves, tying exploration to national sovereignty and US politics.
Lula Escalates Sovereignty Rhetoric Over Brazil's 'New Pre-Salt' Oil Frontier
Brazil's President Lula is framing the development of the Equatorial Margin oil reserves as a crucial test of national sovereignty and a defense against foreign interests.
Lula Links New Equatorial Margin Oil Frontier to Sovereignty, Warning of US Interest
President Luiz Inácio Lula da Silva called the Equatorial Margin a potential "new pre-sal," framing the exploration push by Petrobras as a defense of Brazilian sovereignty against perceived US interest.
Brazil Environmental Regulator Approves More Drilling for Petrobras in Key Amazon Frontier
Brazil's environmental agency authorized three contingent wells for Petrobras in the Foz do Amazonas basin, unlocking billions in potential value.
Political and Environmental Risks Loom Over $15.9 Billion Petrobras Asset in Foz do Amazonas
Scotiabank estimates that exploration in the environmentally sensitive Foz do Amazonas basin is critical to 14% of Petrobras’s value.
Ibama Clears Petrobras to Drill Three More Wells in Environmentally Sensitive Amazon Mouth
Brazil's environmental agency authorized Petrobras to expand exploratory drilling off Amapá, signaling a major push into the controversial oil frontier.
Petrobras Secures Brazilian Navy Cooperation for High-Stakes Equatorial Margin Drilling
New naval cooperation agreement boosts legal and logistical security for Brazil's controversial oil frontier near the Amazon River mouth.
Petrobras Confirms Hydrocarbon Discovery in Foz do Amazonas, Opening Highly Contested New Brazil Oil Frontier
State-controlled Petrobras has confirmed an oil and gas find in the environmentally sensitive Foz do Amazonas Basin, a strategic move to replenish its reserves.
Lula Allies Push State-Controlled Oil Model on New Brazil Frontier After Petrobras Find
Petrobras confirmed a hydrocarbon find in the Equatorial Margin, fueling a push by Lula's allies to introduce a production sharing model for future blocks.
Petrobras Confirms Oil Find at Amazon Mouth, Seeking Three More Wells Amid Environmental Clash
Brazil’s state-owned oil giant Petrobras found hydrocarbons in the deepwater Morpho well, intensifying a major political and environmental fight.
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
State-owned Petrobras confirms hydrocarbons in the controversial Equatorial Margin, sparking a debate between Lula's economic vision and climate goals.
Petrobras Confirms Hydrocarbon Find Off Amapá, Reopening Brazil’s Equatorial Margin Oil Fight
State-run Petrobras confirmed hydrocarbons in the Foz do Amazonas basin, sparking an environmental-versus-energy security debate.
Petrobras Confirms Hydrocarbon Presence in Highly-Contested Amapá Offshore Block
State-run Petrobras announced a major find in the Equatorial Margin, a key region for Brazil's future oil reserves.