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3 FAQs about [Brazil oil-free]
Will Brazil's private oil companies increase oil production by 75%?
At a time when Petrobras has seen its output fall, global research and consultancy group Wood Mackenzie has predicted that Brazil’s private oil companies will increase oil production by 75% from 1.221Mb/d to 2.123Mb/d by 2030.
Could offshore drilling be a threat to Brazil's cop30 Climate Summit?
Offshore drilling near the Amazon would certainly draw scrutiny to Brazil, which is hosting the next United Nations climate summit, COP30. It’s scheduled to take place in November in Belem, a port city located near the mouth of the Amazon, a few hundred miles from Bloc 59.
Will Brazil's Licensing Bill end Environmental Protection?
The licensing bill has also deepened internal divisions within Brazil’s government. Environment Minister Marina Silva said the law will end one of Brazil’s crucial mechanisms of environmental protection, but she appears increasingly sidelined in the administration.