Azerbaijan enters WEF global Lighthouse network with SOCAR Carbamide facility
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Brazil’s government approved on Monday exploratory drilling by state-run oil company Petrobras near the mouth of the Amazon River.
The move has been presented by the government as a technical step to assess energy potential, but environmental groups and scientists warn that it poses significant risks to one of the world’s most sensitive marine and coastal ecosystems.
The environmental regulator Ibama granted Petrobras a licence to carry out exploratory drilling in block FZA-M-059, located in deep water about 175 kilometres off the coast of Amapá state. The Equatorial Margin extends from Brazil’s border with Suriname towards the country’s north-eastern coastline and is believed to hold large oil and gas reserves. Petrobras said the well is for exploratory purposes only and that no oil production will take place during the five-month campaign.
The approval, coming just weeks before COP30, has drawn scrutiny from environmentalists and climate analysts who argue that Brazil’s decision undermines its climate leadership ahead of talks focused on reducing fossil-fuel use. Government officials, however, have defended the decision, saying it followed all legal and technical procedures. Energy Minister Alexandre Silveira described the Equatorial Margin as “the future of Brazil’s energy sovereignty” and pledged that operations would meet the highest environmental standards.
Environmental researchers and non-governmental organisations have repeatedly highlighted the hazards of drilling in the region, where strong ocean currents, complex seabed conditions and ecologically rich estuaries and mangroves make operations particularly risky. The mouth of the Amazon supports an abundance of marine life, including spawning grounds for fish and migratory routes for marine mammals. Experts warn that seismic testing and drilling noise could harm wildlife, while a potential oil spill would be exceptionally difficult to contain and could devastate coastal ecosystems and local fishing communities.
In recent months, Ibama has requested additional information from Petrobras regarding its emergency response and wildlife protection plans, following concerns raised in technical reviews. Petrobras has said it has complied with all requirements and conducted emergency drills as part of the licensing process. Company executives described the authorisation as a milestone after years of regulatory preparation and investment delays.
If the drilling identifies commercially viable oil or gas deposits, Petrobras would still need to complete further appraisal work, new environmental assessments and additional permits before any production could begin — a process likely to take years and face continued public and legal scrutiny. If no significant reserves are found, the campaign will conclude without production but will leave an environmental footprint in an area of high ecological importance.
The project has also reignited debate about Brazil’s broader energy strategy. Environmental campaigners and Indigenous groups argue that pursuing new fossil-fuel frontiers near the Amazon contradicts Brazil’s global climate commitments and jeopardises the health of the Amazon delta, on which many coastal communities depend. Supporters of the project, meanwhile, contend that exploring the Equatorial Margin is essential for national energy security and economic growth.
For now, Petrobras’s licence authorises only a limited, non-producing drilling phase. Yet the operation will serve as a test of Brazil’s ability to balance economic ambition with environmental responsibility at a moment when its climate credibility faces close international scrutiny.
Qarabağ claimed a late 3–2 victory over Eintracht Frankfurt in the UEFA Champions League on Wednesday night, scoring deep into stoppage time to secure a dramatic home win in Baku.
Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
A commuter train collided with a construction crane in southeastern Spain on Thursday (22 January), injuring several passengers, days after a high-speed rail disaster in Andalusia killed at least 43 people.
“I’m seeking immediate negotiations to once again discuss the acquisition of Greenland by the U.S.,” US President Donald Trump told the World Economic Forum. During his Wednesday (21 January) address, he once more cited national security concerns as the reason for wanting to own the Arctic island.
In the snowy peaks of Davos, where the world’s most powerful leaders gather for the 56th World Economic Forum, a new narrative is emerging that challenges the current dominance of artificial intelligence (AI).
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 23th of January, covering the latest developments you need to know.
The United States officially left the World Health Organization on 22 January, triggering a financial and operational crisis at the United Nations health agency. The move follows a year of warnings from global health experts that a U.S. exit could undermine public health at home and abroad.
Jared Kushner, U.S. President Donald Trump’s senior adviser, unveiled plans for a “New Gaza” on 23 January in Davos. The initiative to rebuild the war‑torn territory with residential, industrial, and tourism zones accompanies the launch of Trump’s Board of Peace to end the Israel-Hamas war.
TikTok’s Chinese owner, ByteDance, has finalised a deal to create a majority American-owned joint venture that will secure U.S. user data, safeguarding the popular short-video app from a potential U.S. ban. The move comes after years of political and legal battles over national security concerns.
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