Petrobras Set to Probe Equatorial Basin

Brazil’s Petrobras has secured approval from Ibama, the national environmental agency, for offshore oil exploration in the Equatorial Margin. Specifically, they can now survey the Potiguar Basin in the country’s northeast. Alexandre Silveira, Minister of Mines and Energy, announced this after long talks with Ibama. Next month, Petrobras will start drilling. This follows the arrival […]

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