Brazil Moves to Allow Amazon Oil Drilling, Marring Lula’s Summit

Published on: Wednesday 09 August 2023

(Bloomberg) -- President Luiz Inacio Lula da Silva’s government is moving toward allowing Brazil’s state-run oil company to survey an ecologically sensitive offshore region, a decision that threatens to overshadow a major environmental summit and feed a festering dispute in his administration.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealFirst American City to Tame Inflation Owes Its Success to Affordable HousingTycoon Who Gave Away $750 Million Sees Profit in Loans t

News source: https://finance.yahoo.com/news/brazil-moves-allow-amazon-oil-165211275.html

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Brazil Moves to Allow Amazon Oil Drilling, Marring Lula’s Summit