{"id":45476,"date":"2023-08-07T12:46:53","date_gmt":"2023-08-07T16:46:53","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/protesters-oppose-petrobras-oil-exploration-plan-at-mouth-of-amazon-river\/"},"modified":"2023-08-07T12:46:54","modified_gmt":"2023-08-07T16:46:54","slug":"protesters-oppose-petrobras-oil-exploration-plan-at-mouth-of-amazon-river","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=45476","title":{"rendered":"Protesters oppose Petrobras oil exploration plan at mouth of Amazon river"},"content":{"rendered":"<div>\n<p>BELEM, Brazil (Reuters) &#8211; Environmental demonstrators protested on Sunday against plans by Brazilian state-run oil company Petrobras to drill for oil at the mouth of the Amazon (NASDAQ:) river.<\/p>\n<p>&#8220;Oil-free Amazon,&#8221; said a banner held by the group of 50 protesters outside a convention center where heads of state of Amazon nations will meet this week to discuss joining efforts to protect the rainforest.<\/p>\n<p>Petrobras has appealed against a decision by Brazil&#8217;s environmental protection agency, Ibama, to deny it permission to drill an exploratory well at the mouth of the Amazon, saying the request lacked an environmental assessment of the project. <\/p>\n<p>&#8220;This type of exploration today, in 2023, does not contemplate us and only puts our lives and our way of life at risk,&#8221; said one protester, Luis Barbosa.<\/p>\n<p>Petrobras has rights to explore a block 175 kilometers from Brazil&#8217;s northeastern coast in a deepwater area, south of where Suriname is exploring for oil and where foreign companies have discovered 11 billion barrels of recoverable oil in Guyana.<\/p>\n<p>Speaking here on Saturday, Environment Minister Marina Silva said Ibama would study Petrobras&#8217; new request to install a drilling rig off the coast of Amap\u00e1 to explore for oil in the area where the Amazon river waters enter the Atlantic.<\/p>\n<p>Ibama is not opposed to drilling at the mouth of the Amazon, in principle, and will study the technical and scientific reports impartially, Silva told a news conference.<\/p>\n<p>&#8220;Ibama does not make things more difficult or easier. It reaches a technical opinion that must be obeyed,&#8221; said the minister, who has opposed the plan to drill at the mouth of the Amazon.<\/p>\n<p>President Luiz Inacio Lula da Silva said this week his government has not decided whether to allow exploration there, and is in a &#8220;process of internal discussion.&#8221; <\/p>\n<p>He said in a radio interview a decision would be made soon.<\/p>\n<p>Lula said Guyana&#8217;s president would like Petrobras to explore for oil off-shore from his country. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/economy\/protesters-oppose-petrobras-oil-exploration-plan-at-mouth-of-amazon-river-3146147\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BELEM, Brazil (Reuters) &#8211; Environmental demonstrators protested on Sunday against plans by Brazilian state-run oil company Petrobras to drill for oil at the mouth of the Amazon (NASDAQ:) river. &#8220;Oil-free Amazon,&#8221; said a banner held by the group of 50 protesters outside a convention center where heads of state of Amazon nations will meet this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[242],"tags":[83],"class_list":["post-45476","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-commodities","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - 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