Environmental and Indigenous Concerns
The auction of 172 oil blocks near the sparked protests from environmental and Indigenous groups, fearing ecological and cultural impacts.
Critics argue that Brazil's decision contradicts its commitment to climate leadership, especially with the upcoming COP30 climate summit.
Auction Outcomes and Government Stance
Despite opposition, Brazil awarded 34 oil blocks, including 19 to major companies like Chevron and , aiming to boost production.
The , citing energy diversification and a transition to a low-carbon economy, defends the auction as a step towards sustainable energy.
