Brazil’s state-owned oil company, Petrobras, has publicly contested the findings of a report funded by a UK-based NGO that raised environmental concerns about oil exploration in the Equatorial Margin region. The company issued a statement challenging the methodology and conclusions of the research, which it claims contains “inaccurate and unrealistic” scenarios. Petrobras defended its own environmental studies as rigorous and science-based.
The Equatorial Margin is a strategically important area for Brazil’s energy future, and Petrobras has invested heavily in the environmental licensing process for exploration. The company reaffirmed its commitment to operating with the highest safety and environmental standards, asserting that the criticized report does not reflect the reality of its planned activities and could mislead the public and stakeholders
Source: Brasil247.com
