Petrobras (NYSE:PBR) +0.4% on Monday after saying Brazil's Ibama environmental agency awarded a license to drill one exploratory well in the Foz do Amazonas region near the mouth of the Amazon river, ...

If you liked this story, share it with other people. Brazil’s environmental agency, IBAMA, approved a key step that could soon allow Petrobras, the nation’s state oil company, to begin offshore oil ...

The mounting pressure on Brazil’s federal environmental agency (IBAMA) to approve the disastrous project to extract oil from the mouth of the Amazon River (see here and here) should be interpreted as ...

Brazil’s state-controlled oil major Petrobras has received long-awaited approval from environmental regulator Ibama to begin exploratory drilling in the Foz do Amazonas basin, a deepwater region near ...

SAO PAULO, Feb 12 (Reuters) - Brazilian President Luiz Inacio Lula da Silva will meet with environmental agency Ibama this week or the next to discuss Petrobras' (PETR4.SA), opens new tab bid to drill ...

Alongside the extraordinary fluvial discharges and the intense tidal currents, vigorous currents induced by the wind and an active western boundary current make this area one of the most energetic ...

Brazil sold extraction rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at an auction slammed by environmentalists months before the country is to host a UN climate summit.