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Tag: EQUATORIAL MARGIN

Technology

Record High Offshore Oil Exploration Accidents in Brazil in 2024

March 17, 2025March 17, 2025 - by Liam O'Sullivan - Leave a Comment

In 2024, Brazil’s offshore oil exploration recorded 731 accidents, the highest since 2011. This raises safety concerns amid political backlash regarding licensing in sensitive regions. The ANP attributes the increase …

Record High Offshore Oil Exploration Accidents in Brazil in 2024 Read More
Companies

Petrobras Receives Approval to Clear Corals for Drilling in Foz do Amazonas

March 11, 2025March 11, 2025 - by Maya Chowdhury - Leave a Comment

Petrobras has obtained approval to clear corals from its drilling vessel for operations in the Foz do Amazonas region, pending a long-sought license for exploration. Supervised by Ibama, the coral …

Petrobras Receives Approval to Clear Corals for Drilling in Foz do Amazonas Read More
Climate change

The Rising Oil and Gas Exploration in the Amazon Rainforest

March 8, 2025March 8, 2025 - by Aisha Khoury - Leave a Comment

The Amazon rainforest faces escalating pressures from the oil and gas industry, as Brazil’s government pushes to enable state-controlled Petrobras to drill despite environmental concerns. Historical drilling controversy, the ecological …

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Companies

Ibama Recommends Denial of Petrobras Drilling Authorization in Amazon

February 27, 2025February 27, 2025 - by Ravi Patel - Leave a Comment

Brazil’s Ibama agency has recommended denying Petrobras’ drilling license for the sensitive Foz do Amazonas region, citing insufficient environmental protection plans. President Lula has publicly criticized Ibama for delays in …

Ibama Recommends Denial of Petrobras Drilling Authorization in Amazon Read More
Politics / Technology

Marina Silva Highlights Technical Analysis on Oil Project Licensing Decisions

February 26, 2025February 26, 2025 - by Ravi Patel - Leave a Comment

Marina Silva affirmed that the decision on the Equatorial Margin oil project will be based on an objective analysis by Ibama. Following President Lula’s discontent with delays in licensing, Silva …

Marina Silva Highlights Technical Analysis on Oil Project Licensing Decisions Read More
Technology

Lula Advocates Oil Drilling at Amazon’s Mouth Despite Environmental Concerns

February 25, 2025February 25, 2025 - by Maya Chowdhury - Leave a Comment

Brazilian President Lula da Silva pushes for oil exploration at the Amazon’s mouth despite climate concerns, arguing it will finance renewable energy transition. Critics warn this could harm biodiversity and …

Lula Advocates Oil Drilling at Amazon’s Mouth Despite Environmental Concerns Read More
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