Commodities
Petrobras Gets Help From Brazil’s Attorney General to Explore the Amazon
- Oil producer is “fully willing” to join a mediation process
- Environment Ministry cites “inconsistencies” by Petrobras
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Brazil’s government may have lifted one of the key hurdles for Petrobras to drill at a promising offshore oil region, a move that could escalate a standoff between the oil company and environmental authorities.
A major impact study that the Ibama environmental agency is demanding isn’t necessary for the project, the attorney general’s office, or AGU, said in an opinion that was released on Tuesday. It sent the case to a mediation chamber to start a reconciliation process between the federal agencies involved.