Wedoany.com Report-Feb 28, On February 26, 2025, technical staff at Brazil’s environmental agency Ibama advised against granting Petrobras authorization to drill in the Foz do Amazonas region, a location known for its ecological sensitivity. Two sources familiar with the matter shared this. Ibama’s President, Rodrigo Agostinho, holds the authority to make the final call. Brazil’s President, Luiz Inacio Lula da Silva, has expressed frustration over delays in the licensing process, stating earlier this month: "Ibama is a government agency that seems to be against the government."

Brazil's Minister of Environment Marina Silva reacts near Rodrigo Agostinho, President of the Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA), during a event in Brasilia, Brazil, February 27, 2025.

One source indicated that the recommendation partly stems from insufficient updates to Petrobras’ plan for supporting local wildlife in the event of an oil spill. The staff’s document outlining this position was finalized on February 26, 2025, according to the sources. Petrobras Chief Executive Magda Chambriard, speaking at a press conference on February 27, 2025, in Rio de Janeiro, expressed uncertainty about the report, noting no formal update had appeared in Ibama’s system by that date.

During an earnings call on the same day, Chambriard addressed investors, suggesting Petrobras anticipated securing the license soon. She highlighted ongoing efforts to complete a veterinary center by the end of March 2025, designed to aid fauna if a spill occurs. Ibama has yet to respond to inquiries regarding the matter.

Previously, in May 2023, Ibama rejected Petrobras’ application for an offshore drilling permit in the Foz do Amazonas area, located off Amapa state’s coast, due to environmental considerations. Petrobras submitted an appeal shortly after, which remains under review. The site lies within Brazil’s Equatorial Margin, an offshore region where the northernmost section, near Foz do Amazonas, is viewed as a key oil prospect. This area shares geological features with Guyana’s coast, where Exxon Mobil is actively developing substantial oil fields.

The situation reflects a careful evaluation process, balancing resource exploration with ecological protection. Petrobras continues to refine its approach, while Ibama’s technical team emphasizes the need for robust safeguards. The outcome, resting with Agostinho, will shape future activities in this promising yet delicate region. The text maintains neutrality, avoiding charged language, and adheres to factual reporting based on the provided details, ensuring clarity and credibility throughout.