Brazil sells rights to oil blocks near Amazon river mouth

Rio De Janeiro, Brazil (AFP) June 17, 2025

Brazil sold extraction rights to 19 oil and gas blocks near the mouth of the Amazon river Tuesday, at an auction slammed by environmentalists months before the country is to host a UN climate summit. Two consortiums - one comprising Brazil's state-owned Petrobras and US giant ExxonMobil, the other US multinational Chevron and China's CNPC - spent $153 million on exploration and production