Ibama authorizes 3 Petrobras wells in Foz do Amazonas, drilling plan required

Brazil's environmental regulator Ibama approved three new wells for Petrobras in the Foz do Amazonas basin, a first step toward exploration in a sensitive offshore area. The authorization requires Petrobras to submit a drilling plan, and actual drilling remains conditional on further approvals. This marks a notable easing of regulatory resistance in a high-profile, environmentally contested region.