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Historic R$170 Billion Settlement for Mariana Dam Disaster
Nine years after the devastating Mariana dam collapse, Vale and BHP have agreed to a monumental R$170 billion ($30.36 billion) settlement. The deal addresses Brazil’s worst environmental disaster, which occurred on November 5, 2015, when the Fundão tailings dam failed. The catastrophe claimed 19 lives and unleashed toxic waste, ravaging nearby villages and polluting waterways. […]
Biden approves disaster declaration for December flooding in Vermont
President Joe Biden has approved a federal disaster declaration sought by Gov. Phil Scott to help communities in seven Vermont counties that saw severe rainfall and flooding in December. VERMONT GOV. SCOTT REQUESTS DISASTER DECLARATION OVER DECEMBER FLOODING Federal funding is available on a cost-sharing basis to state and eligible local governments and some private […]
Tupi: The Sleeping Giant of Brazil’s Oil Industry Awakens
Petrobras plans to revitalize the massive Tupi oil field off Brazil’s coast, a sleeping giant poised for a remarkable comeback. This revitalization could reignite Brazil’s oil production and reshape its energy landscape. Discovered in 2006, Tupi transformed Brazil into a major oil producer. The field lies 300 kilometers offshore, beneath thick layers of salt. It […]