Latest news with #Amapa
Reuters
20-05-2025
- Business
- Reuters
Petrobras to have drill ship ready for travel to Brazil's Foz do Amazonas by month's end, sources say
RIO DE JANEIRO, May 20 (Reuters) - Brazilian oil firm Petrobras ( opens new tab will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes for a drilling license for the Foz do Amazonas basin. According to the sources, work to clear corals from the underside of the drilling vessel is almost done, and then it would be ready to leave for the region considered Brazil's most promising frontier for oil exploration. On Monday, Brazil's environmental agency Ibama approved state-run Petrobras' concept of an emergency plan to assist local fauna in case of an oil spill, with the firm now expected to run a simulation that it said is the last step before being granted the license. The drill ship would take 20 to 30 days to get to Amapa after leaving Rio de Janeiro, where it currently is, meaning the whole process could be done by end of June, said a source. The date for the simulation will be set in common agreement between Petrobras and Ibama. But it would be "difficult" for it to happen in June, a source at Ibama told Reuters, adding they would have to move personnel around to run the simulation. Ibama's staff was mostly against Petrobras' bid, having signed a document in February saying the plan to rescue fauna had only a "remote possibility" of being successful. The environmentally sensitive region is home to vast coral reefs, opens new tab, and coastal Indigenous communities. In 2023, Ibama denied a Petrobras request to drill in the area, which the company immediately appealed, stoking divisions in Brazil's government between environmental advocates and allies pushing for oil and gas development in the region.
Washington Post
09-05-2025
- Business
- Washington Post
Head of Brazil's gas giant Petrobras criticized for 'drill, baby, drill!' comment about the Amazon
SAO PAULO — The head of Brazil's state-run gas and oil giant Petrobras was facing criticism on Friday after a video emerged of her saying 'Drill, baby, drill!' when speaking about controversial oil exploration near the mouth of the Amazon River. Magda Chambriard made the remarks Tuesday during the Offshore Technology Conference, in Houston. In a video obtained by the Brazilian newspaper Valor Economico and published Friday, Chambriard is seen addressing Clécio Luís, governor of the Amazonian state of Amapa, who was in the audience.
The Independent
09-05-2025
- Business
- The Independent
Head of Brazil's gas giant Petrobras criticized for 'drill, baby, drill!' comment about the Amazon
The head of Brazil 's state-run gas and oil giant Petrobras was facing criticism on Friday after a video emerged of her saying 'Drill, baby, drill!' when speaking about controversial oil exploration near the mouth of the Amazon River. Magda Chambriard made the remarks Tuesday during the Offshore Technology Conference, in Houston. In a video obtained by the Brazilian newspaper Valor Economico and published Friday, Chambriard is seen addressing Clécio Luís, governor of the Amazonian state of Amapa, who was in the audience. 'We do believe we will have very good surprises once we have the (environmental) license to drill. So what one wants to say to Amapa is, 'Let's drill, baby, drill!'" Her comments prompted a round of applause, including from Luís. Petrobras did not immediately respond to an email request for comment. The company confirmed the authenticity of the video, according to Valor Economico. U.S. President Donald Trump has long used the phrase 'Drill, baby, drill!' in expressing support for increased oil exploration and production. 'The 'let's drill, baby' rhetoric may comfort industry leaders and short-sighted policymakers, but history will remember them as the ones who buried the 1.5 C goal," said Natalie Unterstell, president of Talanoa, a climate policy think tank, referring to the internationally adopted aim to keep warming under 1.5 C since pre-industrial times. Climate change is caused by the release of greenhouse gases like carbon dioxide. Oil, from exploration to its various uses, is a central driver of climate change. Chambriard was appointed by Brazil's leftist President Luiz Inácio Lula da Silva, whose environmental record in the Amazon is mixed. While he has curbed deforestation and championed the Amazonian city of Belem as the host of the U.N.'s COP30 climate summit in November, he also supports Petrobras's push to drill for offshore oil at the ecologically sensitive mouth of the Amazon River and other big projects that bring environmental impact to the world´s largest tropical forest. Exploratory offshore drilling near the Amazon, whose reserves are unknown, is expected to draw scrutiny during the COP30 summit. A central push of the annual climate talks has been to reduce the use of fossil fuels such as oil, gas and coal. ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
Associated Press
09-05-2025
- Politics
- Associated Press
Head of Brazil's gas giant Petrobras criticized for 'drill, baby, drill!' comment about the Amazon
SAO PAULO (AP) — The head of Brazil's state-run gas and oil giant Petrobras was facing criticism on Friday after a video emerged of her saying 'Drill, baby, drill!' when speaking about controversial oil exploration near the mouth of the Amazon River. Magda Chambriard made the remarks Tuesday during the Offshore Technology Conference, in Houston. In a video obtained by the Brazilian newspaper Valor Economico and published Friday, Chambriard is seen addressing Clécio Luís, governor of the Amazonian state of Amapa, who was in the audience. 'We do believe we will have very good surprises once we have the (environmental) license to drill. So what one wants to say to Amapa is, 'Let's drill, baby, drill!'' Her comments prompted a round of applause, including from Luís. Petrobras did not immediately respond to an email request for comment. The company confirmed the authenticity of the video, according to Valor Economico. U.S. President Donald Trump has long used the phrase 'Drill, baby, drill!' in expressing support for increased oil exploration and production. 'The 'let's drill, baby' rhetoric may comfort industry leaders and short-sighted policymakers, but history will remember them as the ones who buried the 1.5 C goal,' said Natalie Unterstell, president of Talanoa, a climate policy think tank, referring to the internationally adopted aim to keep warming under 1.5 C since pre-industrial times. Climate change is caused by the release of greenhouse gases like carbon dioxide. Oil, from exploration to its various uses, is a central driver of climate change. Chambriard was appointed by Brazil's leftist President Luiz Inácio Lula da Silva, whose environmental record in the Amazon is mixed. While he has curbed deforestation and championed the Amazonian city of Belem as the host of the U.N.'s COP30 climate summit in November, he also supports Petrobras's push to drill for offshore oil at the ecologically sensitive mouth of the Amazon River and other big projects that bring environmental impact to the world´s largest tropical forest. Exploratory offshore drilling near the Amazon, whose reserves are unknown, is expected to draw scrutiny during the COP30 summit. A central push of the annual climate talks has been to reduce the use of fossil fuels such as oil, gas and coal. ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
