close
MENU
0 mins to read

Petrobas survives challenge to exploration permit


Brazilian oil company Petrobas has survived a challenge from local iwi and Greenpeace to its east coast exploration permit.

Jonathan Underhill
Fri, 22 Jun 2012

BUSINESSDESK: Petrobas, the Brazilian oil company, has survived a challenge from local iwi and Greenpeace to its east coast exploration permit.

Greenpeace and te Whanau a Apanui are reviewing their options after Justice Warwick Gendall rejected their application that the minister of energy erred in law in awarding the permit.

The challenge relates to the minister’s awarding of oil exploration permits in the Raukumara Basin.

The exploration is over deep water and poses environmental threats, the applicants had argued.

Greenpeace is mulling whether to appeal the decision.

“Exploratory deep sea oil drilling comes with the risk of catastrophic failure, as we saw in the Gulf of Mexico in 2010,” Greenpeace said.
 

Jonathan Underhill
Fri, 22 Jun 2012
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Petrobas survives challenge to exploration permit
21626
false