Petroleo Brasileiro SA has obtained a permit to research oil in an offshore region in Brazil’s Northeast described as “promising”. Brazil’s Mines and Energy Minister Alexandre Silveira said that environmental agency Ibama granted Petrobras the environmental license to research the Potiguar Basin, one of five regions in the so-called Equatorial Margin. The permission followed months…
The post Brazil’s Petrobras obtains permission to start drilling in key offshore area appeared first on Insurance...