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20 results for “foz do amazonas”

Petrobras strikes oil again in controversial Equatorial Margin frontier
Markets• 3h ago

Petrobras strikes oil again in controversial Equatorial Margin frontier

Petrobras has confirmed a new oil discovery at the Morpho well in the Foz do Amazonas basin, boosting its push to open a massive new offshore frontier.

Regulatory Uncertainty, Export Tax Top Risk for Foreign Oil and Gas Investment in Brazil
Markets• Sep 26

Regulatory Uncertainty, Export Tax Top Risk for Foreign Oil and Gas Investment in Brazil

Fiscal instability from a contested crude export tax and environmental licensing uncertainty are now the biggest 'above the surface' risks for Brazil's E&P sector.

Petrobras to Drill Three More Equatorial Margin Wells After Securing IBAMA Approval
PROMarkets• Sep 22

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
PROMarkets• Sep 22

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
PROPolitics• Sep 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.

Brazil’s Environmental Agency Approves Three New Petrobras Wells in R$7 Trillion Equatorial Margin
Politics• Sep 19

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
Markets• Sep 18

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
PROMarkets• Sep 18

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
PROPolitics• Sep 18

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
PROMarkets• Sep 09

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
Markets• Sep 09

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
PROMarkets• Sep 04

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.

PROPolitics• Aug 21

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.

PROInvesting• Aug 20

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
Markets• Aug 19

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
PROMarkets• Aug 18

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
PROPolitics• Aug 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
PROMarkets• Aug 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.

Petrobras Confirms Hydrocarbon Find Off Amapá, Reopening Brazil’s Equatorial Margin Oil Fight
PROMarkets• Aug 17

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
PROMarkets• Aug 15

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.