Brazil’s state oil firm has received a licence to conduct exploratory oil drilling in the sea off the Amazon, despite environmental concerns about the project.
The approval will allow Petrobras to drill in a block located in Amapá, 500km from the mouth of the Amazon River on the Brazilian equatorial margin.
The company says it had demonstrated to the government that it had robust environmental protection structures in place.
But many conservationists have raised concerns about plans, including fears that any oil spills would be in proximity, via sea currents, to the Amazon, which is home to around 10% of the world’s known species.
Groups such as Greenpeace have also raised concerns it could undermine Brazil’s climate leadership ahead of hosting the COP30 climate summit in the Amazonian city of Belém in November.
The International Energy Agency has also been clear that no new oil projects should be approved if the target of net zero global emissions is to be reached by 2050.
Petrobras says drilling was scheduled to begin “immediately” and that it would last for five months. The company is seeking to assess whether there is oil and gas in the area on an economically viable scale.
It would not produce oil commercially at this stage.
Brazil’s environment minister, Marina Silva, opposes oil exploration in the Amazon region.
But the South American nation’s president, Lula da Silva, has supported it for economic reasons and recently defended his stance.
“Brazil is a country that has oil. And possibly we have oil in the equatorial margin, and we are making surveys. We’re following the law strictly.”
He says if there was a problem or an oil spill, then “we will be the ones that are liable and responsible to take care of the problem, if it comes”.
He adds: “I am totally in favour of a world one day that will not need any more fossil fuels, but this moment has not come yet.”
– BBC
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