In January this year, the Federal Court of Appeals in Mar del Plata dismissed a lawsuit brought forward by several environmentalist organizations and the mayor of the coastal resort city against an offshore oil and gas exploration project.
To this end, Brazil’s Minister of Mines and Energy will launch ‘Potencializa E&P programme,’ which will be presented at the next meeting of the National Council for Energy Policy (CNPE) – still without a set date – aiming to guarantee investments in oil and natural gas exploration and transform Brazil into the fourth largest oil producer in the world.