Brazil approves oil drilling near mouth of Amazon River
Brazil's government has licensed Petrobras to drill for oil near the Amazon River mouth, sparking criticism from environmentalists ahead of COP30. Despite environmental concerns and past refusals, the agency approved the license, with Petrobras stating drilling could begin soon. President Lula supports the move, citing revenue for climate transition and energy sovereignty.
Brazil's government has licensed Petrobras to drill for oil near the Amazon River mouth, sparking criticism from environmentalists ahead of COP30. Despite environmental concerns and past refusals, the agency approved the license, with Petrobras stating drilling could begin soon. President Lula supports the move, citing revenue for climate transition and energy sovereignty.
