Skip to main content
MetaWorld Media
PoliticsSouth America

Brazil Approves Oil Drilling License in Amazon Despite Environmental Concerns

Petrobras gains permission for exploratory drilling off the Amazon coast, stirring fears over environmental impact while Brazil prepares for COP30 climate summit.

Source: bbc.co.uk2 min read
Brazil Approves Oil Drilling License in Amazon Despite Environmental Concerns
Image via bbc.co.uk

In brief

Brazil's state-run oil company, Petrobras, has received a license for exploratory drilling in the sea off the Amazon, igniting controversy over potential environmental risks. Conservationists worry about the impact of oil spills in one of the planet's most biodiverse regions. Despite protestations from environmentalists and Brazil's own environment minister, President Lula da Silva supports the decision, citing economic benefits. This move comes as Brazil gears up to host the COP30 climate summit in November.

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 (311 miles) from the mouth of the Amazon River on the Brazilian Equatorial Margin.

The company said 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 said in a statement that 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, has opposed 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.

Lula told the BBC in September: 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 said that 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 added: 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.

I want to know [of] any country on the planet that is prepared to have an energy transition and can give up fossil fuels.

Other international oil companies, including Exxonmobil and Chevron, have bought blocks in the Amazon region and are awaiting licences to explore.

Petrobras said it was committed to ensuring the country's energy security and the resources needed for a just energy transition.

It added that the company was able to demonstrate the robustness of the entire environmental protection structure that will be available during drilling.

Topics

More on this story