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Strike at Brazil Environmental Agency Impacts Petrobras’ Equatorial Margin Drilling Request

EnergiesNet — Fri, 21 Jun 2024 09:12:05 +0000

Rodrigo Viga Gaier, Reuters RIO Energiesnet.com 06 21 2024 The ongoing strike at Brazil’s environmental agency Ibama is impacting the analysis of Petrobras’ request (PETR4.SA), to drill a well in the Equatorial Margin, an Ibama official told Reuters on Thursday. Itagyba Neto, who handles the agency’s licensing for marine and coastal ventures, added that Petrobras has …

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Blackout Risk Pushes Brazil to Diesel as Amazon Drought Worsens – Bloomberg

EnergiesNet — Thu, 05 Oct 2023 16:56:28 +0000

Peter Millard, Bloomberg News RIO EnergiesNet.com 10 05 2023 Brazil’s government is firing up diesel power plants to avert blackouts amid a record drought in the Amazon that’s killing dolphins and snarling river logistics. Two power plants that burn the fuel will enter in operation to guarantee enough electricity in Rondonia and Acre states …

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Petrobras Gets Help From Brazil’s Attorney General to Explore the Amazon – Bloomberg

EnergiesNet — Wed, 23 Aug 2023 13:04:04 +0000

Mariana Durao, Bloomberg News RIO Energiesnet.com 08 23 2023 Brazil’s government may have lifted one of the key hurdles for Petrobras to drill at an offshore region considered to be the country’s most promising area for oil exploration. A major impact study that environmental authorities are demanding as a requirement isn’t necessary for the project, …

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Brazil Moves to Allow Amazon Oil Drilling, Marring Lula’s Summit – Bloomberg

EnergiesNet — Thu, 10 Aug 2023 09:19:17 +0000

Simone Iglesias and Andrew Rosati, Bloomberg News BELEN, BrazilEnergiesNet.com 08 10 2023 President Luiz Inacio Lula da Silva’s government is moving toward allowing Brazil’s state-run oil company to survey an ecologically sensitive offshore region, a decision that threatens to overshadow a major environmental summit and feed a festering dispute in his administration. The attorney general’s …

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Brazil regulator unlikely to backtrack on Amazon oil project – Reuters

EnergiesNet — Tue, 23 May 2023 09:30:39 +0000

Reporting by Marta Nogueira, Reuters RIO EnergiesNet.com 05 23 2023 The head of Brazilian environmental agency Ibama said on Monday that the regulator is unlikely to succumb to political pressure and reverse its rejection of a request from state oil company Petrobras to drill a well near the mouth of the Amazon River. “It’s unlikely …

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Petrobras to appeal ban on drilling near sensitive Amazon site – Reuters

EnergiesNet — Mon, 22 May 2023 08:16:59 +0000

Martha Nogueira, Reuters RIO EnergiesNet.com 05 22 2023 Brazilian state-run oil company Petrobras (PETR4.SA) will next week appeal the decision from environmental regulator Ibama barring it from drilling an oil well near the Amazon river, the company said on Friday. The dispute marks an early test for leftist President Luiz Inacio Lula da Silva, who has sought …

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Lula’s coalition roiled by decision to block Petrobras’ Amazon project – Reuters

EnergiesNet — Fri, 19 May 2023 08:49:45 +0000

Lisandra Paraguassu and Marta Nogueira, Reuters SAO PAULO EnergiesNet.com 05 19 2023 A decision by Brazil’s environmental regulator to block state-owned oil company Petrobras’ Amazon oil project has exposed tensions in President Luiz Inacio Lula da Silva’s coalition between green advocates and those prioritizing economic development. Ibama, late on Wednesday, said it would block a request by …

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Oil Rig That’s Treading Water Is Costing Brazil $1 Million a Day – Bloomberg

EnergiesNet — Sun, 22 Jan 2023 09:00:43 +0000

Mariana Durao and Peter Millard, Bloomberg News RIO Energiesnet.com 01 23 2023 The conflict between Brazil’s ambitions to become a more responsible environmental steward while also ramping up lucrative oil exports has turned into an early test for President Luiz Inacio Lula da Silva. Off the coast of northern Brazil where the Amazon River enters into …

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