Brazil to Offer Foz do Amazonas Oil Frontier, Reigniting the Amazon Energy Fight

Economy: Brasília Key Facts —Offer. The government confirmed it will open the equatorial-margin/Foz do Amazonas region to oil exploration, its most sensitive new frontier. —Stakes. The move reignites the biggest energy-versus-environment fight in the country, pitting oil revenue against Amazon protection. —Geology. The equatorial margin is seen as Brazil’s last great offshore frontier, geologically similar…