RIO DE JANEIRO (Reuters) -The technical staff at Brazil's environmental agency Ibama recommended that the body deny authorization for Petrobras to carry out drilling in the environmentally sensitive ...

Petrobras (NYSE:PBR) closed -5.6% on Thursday after reporting FY 2024 capital spending surged to $16.6B, ~$2.1B above the company's previous guidance that had been revised lower in August from $18.5B.

Government documents show that the head of Brazil’s environmental agency overrode previous expert recommendations from his own organization, when he approved the construction of a controversial ...

Petrobras has has decided to appeal the decision by environmental agency Ibama to block it from drilling a well in the Foz do Amazonas sedimentary basin at the mouth of the Amazon River. The ...

The measures also apply to the oil and gas sector, which has played a pioneering role in class-wide permitting. The policy initiatives were bundled into ministerial orders and included a 90-day time ...

RIO DE JANEIRO, Oct 29 (Reuters) - The head of Brazil's environmental agency Ibama chose to not reject a request from state oil company Petrobras to drill near the Amazon river, documents seen by ...

If you liked this story, share it with other people. Rodrigo Agostinho, head of IBAMA, Brazil’s federal environmental agency, for two years now, spoke with Mongabay about the progress of his agency ...

Geandro Guerreiro views a map on his phone showing his next destination in between the startling swerves the pick-up truck makes to avoid gaping holes in the dirt road. "We've got around 10 plots of ...

Brazil's Ibama Staff Recommend Against Petrobras Drilling in Amazon Region By Fabio Teixeira RIO DE JANEIRO (Reuters) -The technical staff at Brazil's environmental agency Ibama recommended that the ...