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LATEST

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Emerging Markets

Brazil to Offer Foz do Amazonas Oil Frontier, Reigniting the Amazon Energy Fight

The Rio Times · 1h ago · 🇧🇷 Brazil

Brazil to Offer Foz do Amazonas Oil Frontier, Reigniting the Amazon Energy Fight

Economy: Brasília Key Facts —Offer. The government confirmed it will open the equatorial-margin/Foz do Amazonas region to oil exploration, its most sensitive new frontier. —Stakes. The move reignites the biggest energy-versus-environment fight in the country, pitting oil revenue against Amazon protection. —Geology. The equatorial margin is seen as Brazil’s last great offshore frontier, geologically similar […] The post Brazil to Offer Foz do Amazonas Oil Frontier, Reigniting the Amazon Energy Fight appeared first on The Rio Times .

Read the full story at The Rio Times →

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