Brazil will join

On Tuesday, the Brazil government agreed to join Opec+, a group of major oil countries, indicating the country’s development to a major oil situation just nine months before hosting the United Nations annual summit.

The approval of the National Energy Policy Council came in response to an official invitation in 2023. The group includes the 12 members in OPEC, which is the long -term group that was created to coordinate oil production to achieve stability in the markets, in addition to 10 countries more important to oil production, with Russia to a large extent greater.

Although non -OPEC members agree to cooperate with OPEC, Brazil will not have any obligatory commitment such as production cuts, said the Minister of Energy and Energy Minister Alexander Silvera at a press conference.

Participation will be limited to the cooperation charter, a permanent forum for OPEC and OPEC+ countries to discuss industry -related issues. South America will not participate in the decisions.

Silvera called the charter just a “forum to discuss strategies between oil -producing countries. We should not be ashamed to be oil producers. Brazil needs to grow, develop, create income and jobs.”

Lula agreed to drill near the Amazon River

President Luiz Inacio Lula Da Silva began his third term in 2023 and reached himself as an environmental defender, and worked to reduce the removal of forests in the Amazon rain forests and protect the rights of the indigenous population. But he also argued that new oil revenues could finance a process of green energy.

In recent weeks, he pressed the country’s environmental organizer to agree to exploratory excavations near the escape of the Amazon River, one of the most areas in the world.

Brazil is the seventh largest oil producer in the world, with about 4.3 million barrels per day, or four percent of the world’s production, according to Energy Information Management, an American government agency. In 2024, crude oil became the best export producer in the country, which represents 13.3 percent of Brazil’s foreign sales, bypassing soy.

The United States is the world’s largest producer with about 22 million barrels per day, with Saudi Arabia, the largest product in OPEC, with about 11 million barrels.

Lola’s endeavor to increase oil production has achieved criticism as Brazil is preparing to host the United Nations climate summit known as COP30 in November. The central batch of annual climatic conversations was to reduce the use of fossil fuels, which when the greenhouse gases were burned that heated the planet.

“The Brazil’s entrance to any OPEC is another sign of the government’s setback,” said Araujo, a spokesman for the climate, a network of 133 environmental community, civil society and academic groups.

Araojo said that opening new areas for exploring fossil fuels “indicates that we choose solutions from the past in the face of a major challenge to the present and the future.”