Summary

Data gathered for this study has shown how governments worldwide are eager to diversify their energy mix, gain energy autonomy and drive down fuel bills. This has become a viable option now that recent advances in technology allow for relatively easy access to unconventional gas reserves. Here, one takes a closer look at Brazil, which, late in 2013, saw the Agência Nacional do Petróleo, Gás Natural e Biocombustíveis (ANP) issuing Regulation for the exploration of shale gas in land basins across the country. The authors examine how this regulation caused ...