Ibama estimates Petrobras drilling permit decision by year-end 08/21/2024 Marina Silva — Foto: Brenno Carvalho/Agência O Globo Brazil’s environmental protection agency IBAMA anticipates a decision on the environmental permit for Petrobras to drill an oil well in the basin at the mouth of the Amazonas River in Amapá by the end of the year. The […]
Legal disputes become a profitable asset for companies, attracting specializing firms 08/15/2024 João Mendes — Foto: Rogerio Vieira/Valor Brazilian companies are now exploring their legal contingent assets in search of alternatives to raise funds at a time of restricted access to capital, high interest rates, and more selective investors. By carefully examining their numbers in search of “assets hidden […]
Justice Flávio Dino freezes payments until lawmakers create rules for traceability, efficiency 08/15/2024 Flávio Dino — Foto: Antonio Augusto/STF Justice Flávio Dino of Brazil’s Supreme Court ordered the suspension of all mandatory parliamentary budget allocations until Congress establishes new guidelines to ensure transparency, traceability, and efficiency in the disbursement of these funds. Exceptions are made only for […]