So said the Brazilian Chief of Staff, Dilma Roussef, showing market studies regarding oil exploration on the Brazilian coast. ‘This shows the strategic character of the reserves,’ she said.
Author: Agência Brasil
The information was disclosed today by the Brazilian Institute for Geography and Statistics. Activity in July was 2.2% higher than in June. The performance was driven by durable consumer goods.
The oil company needs to invest US$ 111 billion to produce 1.8 million barrels of oil a day by 2020. Ten new floating, production, storage and offloading units should be used in the new project.
This is the value turned by the bank to the financing of three consortia that got concessions for federal highways. The tender took place in 2007.
The logistical arm of Petrobras is inviting domestic and foreign shipyards to take part in a tender for building eight gas transport vessels. The first four vessels should be delivered in 2010.
This information was disclosed by the Ministry of Social Development and Hunger Alleviation, Patrus Ananias. The eight Millennium Development Goals were defined by the United Nations in 2000.
Brasília – The sum of dollar inflow and outflow in Brazil remains positive so far this month. According to figures supplied by the Central Bank of Brazil, the surplus totalled US$ 1.255 billion up until the 21st. According to preliminary figures disclosed last week, the net dollar inflow into Brazil, i.e. not counting withdrawals, was
Brasília – Spending by Brazilians in foreign trips totalled US$ 5.499 billion from January to July this year, according to figures disclosed today (25th) by the Central Bank of Brazil. The figure is lower than in the same period last year (US$ 6.840 billion), but the head of the Economic Department at the Central Bank,
It was the worst monthly result in August. Exports totalled US$ 3.135 billion and imports, US$ 2.72 billion.
The discovery confirms the presence of recoverable volumes of some 280 million barrels of light oil and also good productivity and is located nearly 120 km off the coast of Rio de Janeiro.
The sector had net profit of US$ 313 million in the second half. The performance was partly boosted by the My House, My Life program, which subsidises the construction of housing.
The government has asked the WTO to analyse the United States surcharges on Brazilian orange juice. The Foreign Office contests the calculations made by US authorities.
In the same period last year, the flow was US$ 3.149 billion positive. From January to last week, the result was US$ 5.957 billion, against US$ 15.589 billion in the same period in 2008.
The Brazilian Antarctic Program should receive the investment from the federal government. Most of the funds will be turned to cooperation between Latin American countries.
