Petrobras moves closer to license to drill in Foz do Amazonas basin but with a caveat

2 months ago 2

• Energy

Joa_Souza/iStock Unreleased via Getty Images

Petrobras' (NYSE:PBR) concept of an emergency plan to assist local wildlife in the event of an oil spill in the Foz do Amazonas basin was approved Monday by Brazil's Ibama environmental agency, bringing the company closer to a license

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3. Petrobras moves closer to license to drill in Foz do Amazonas basin but with a caveat