Petrobras’ Amazon Drilling Plan Faces Growing Opposition From Locals ...Middle East

While Petrobras is touting a potential start to drilling in an environmentally sensitive area offshore the mouth of the Amazon River, indigenous communities are increasingly opposing the exploration plans of Brazil’s state-owned oil giant, which has yet to receive an all-clear license to drill, Reuters reports, citing interviews with locals and memos and documents it has reviewed. After spending a decade selling off many assets outside Brazil, Petrobras is now shifting its strategy to portfolio diversification, keeping the focus on the…

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