Lula: The New Discovery of Oil is Brazil's "Passport to the Future"

date
18/08/2026
Brazilian President Lula said on the 17th that the oil discovered in the waters near the northern Amazon River mouth is Brazil's "passport to the future." Lula made these remarks after visiting a drilling ship operated by Petrobras. The company announced on the 14th that hydrocarbons had been detected approximately 180 kilometers off the coast of Amap state in northern Brazil, indicating the possible presence of oil, natural gas, and other fossil fuels. Dressed in an orange uniform worn by oil workers, Lula showcased an oil sample contained in a small glass vial: "I have to put it in a box. It's really good, and it smells nice too." Lula emphasized that the newly discovered oil being Brazil's "passport to the future" does not mean he is overturning his previous commitment that Brazil is "dedicated to one day no longer needing fossil fuels." "Brazil will continue to be the king of biofuel innovation and will maintain its position as a major player in renewable energy."