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Tag: Ibsen Amendment

By Brennan Stark, Contributing Reporter RIO DE JANEIRO, BRAZIL - A bill to distribute oil royalties more evenly amongst Brazil's 27 states passed its first hurdle when it received approval from Brazil's Senate last Wednesday, October 19th.  The proposal now...
By Samuel Elliott Novacich, Contributing Reporter RIO DE JANEIRO, BRAZIL – The tension surrounding distribution of an estimated R$7.9 billion in annual oil revenues appears to have abated after a meeting on Thursday, June 30th, between governors from oil producing...
By Sarah de Sainte Croix, Contributing Reporter RIO DE JANEIRO – Last week Rio’s residents witnessed an Easter ritual unique to Brazil. On Holy Saturday Brazilians express their solidarity with Christ by making straw mannequins which represent the Biblical traitor...
Opinion, by Michael Royster The Curmudgeon has never quite believed the “sky is falling” rhetoric of Rio de Janeiro politicos over the Ibsen Amendment. After all, the Amendment calls for all the royalties earned from offshore drilling to be distributed...

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