Brazilian environmental agency Ibama said on Monday it approved Petrobras' concept of an emergency plan to assist local fauna in case of an oil spill in the Foz do Amazonas basin, putting the firm ...

Petrobras (NYSE:PBR), Exxon Mobil (XOM) and Chevron (CVX) won exploration rights for several blocks in the environmentally sensitive Foz do Amazonas basin in Brazil's latest licensing round held ...

Brazilian federal environmental regulator Ibama has rejected Petrobras’ application to drill a high-impact wildcat in the ultra-deepwater section of the country’s Foz do Amazonas basin ...

Ibama denied Petrobras’ request in 2023 for an offshore drilling license for the Foz do Amazonas, citing environmental concerns. The Foz do Amazonas area harbors a massive system of coral reefs ...