Brazil’s President Lula hails oil discovery near Amazon river

Brazilian President Luiz Inácio Lula da Silva has hailed the discovery of oil near the mouth of the Amazon river.

Environmentalists have heavily criticised the exploratory drilling in the sea off the mouth of the Amazon.

Brazil's president says Amazon oil is ‘passport to the future’

Brazil’s President Luiz Inácio Lula da Silva said on Monday that oil drilling in northern and northeastern coastal regions could be “a passport to the country’s future” after visiting a Petrobras offshore drilling vessel following a find announced last week near the mouth of the Amazon River.

Brazil’s President Lula da Silva says oil drilling in northern coastal regions could be a "passport to the country’s future."

Brazil’s President Lula da Silva says oil drilling in northern coastal regions could be a "passport to the country’s future."

Lula calls oil near the Amazon River a passport to Brazil's future after Petrobras strikes new find  AP News

Petrobras reported it has identified the presence of hydrocarbons in an exploratory well currently being drilled in Block FZA-M-59, in deep waters off Amapá, in the Foz do Amazonas sedimentary basin on Brazil’s equatorial coast. Hydrocarbons are derived primarily from oil and natural gas and serve as an essential raw m

Petrobras confirmed hydrocarbons in the Morpho well off Amapá on 14 August 2026, its first find in the Foz do Amazonas basin, but says it is too soon to know if the deepwater oil is commercial.