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The Guardian - UK
The Guardian - UK
World
Andrei Netto in Georgetown, Guyana

‘Will you stop exploring yours?’: Latin America forges ahead on new oil frontier

The Brazilian president, Luiz Inácio Lula da Silva, wearing orange overalls and a white hard hat, holds up his oil-covered hands to the camera.
The Brazilian president, Luiz Inácio Lula da Silva, at the opening of Platform P50 in Campos, Brazil in 2006. Photograph: Bruno Domingos/Reuters

His raised hands dirty with oil, the president of Brazil, Luiz Inácio Lula da Silva – then in his first term – stood in front of the cameras with a broad smile on his face during the inauguration of Platform P50, located in Campos, Rio de Janeiro. Petrobras, a state-controlled national company, had discovered immense oil and gas deposits in the Atlantic Ocean’s depths.

“Today we are celebrating another independence,” said Lula. “We are witnessing a milestone that will mark a new era to Brazil’s development.”

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