News

Brazil's Petrobras to appeal environment agency's decision to block Amazon drilling project - Reuters.com

Reuters.com · last updated

Brazil's Petrobras to appeal environment agency's decision to block Amazon drilling project | Reuters

Brazil's Petrobras to appeal environment agency's decision to block Amazon drilling project

- Companies

May 18 (Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Tuesday it will appeal a decision from the country's environmental agency Ibama to reject the firm's request to drill at the Amazon mouth near Amapa state.

In a securities filing, the company said the agency had still not officially notified it of the decision, but "as soon as it does, (the company) will formulate an administrative request for reconsideration".

Reporting by Peter Frontini; Editing by Sarah Morland

Our Standards: The Thomson Reuters Trust Principles.

Related Knowledge Center: Climate: forests

State of Play

Addressing domestic and international forestry issues. 

More informationabout Climate: forests