The reservoir is located above the salt layer, in the coast of the state of São Paulo, at little over 2,000 metres deep. The state-owned company estimates reserves of 150 million barrels in the area.
Author: From the Newsroom
During that period, the site has been visited by almost 7 million people; the agency won eight journalism awards, and was a finalist in another five.
This is shown in the National Survey by Household Sampling, disclosed yesterday by the Ipea. According to the study, between 2001 and last year, 13.8 million people changed social class.
Brazilian sales totalled US$ 1.4 billion from January to August. Shipments totalled 756,000 tonnes, 17% more than in the same period in 2007. The Middle East is still the leader in imports.
Foreign sales of Brazilian products generated US$ 722 million between January and August. Sector imports, in turn, totalled US$ 1.2 billion, an increase of 28%.
The funds will be disbursed by the Ministry of Agriculture within the Program for Commercial Cultivation and Recovery of Forests. In 2007, this financing totalled US$ 27 million.
Brazilian steel works produced 3.14 million tonnes of bulk steel in August, 2.26 million tonnes of laminates and 859,000 tonnes of long steel.
Brazil sold the equivalent to US$ 1.38 billion to foreign countries between January and August. Sector organisation CICB blames the dollar value for the reduction in shipments.
The exhibition took place between September 10th and 13th in Manaus, and brought together 300 exhibitors and around 100,000 visitors, including some from countries like Portugal, Japan and Canada.
The units, according to the company, will be installed between 2013 and 2016 in the Santos Basin, and represent the beginning of implementation of a definitive production system in the region.
In the first half of the year, sales of the product grew 70% over the same period last year. Producers are trying to enter the Arab market.
The 14th Rio Oil & Gas takes place up to the 18th, with 1,100 exhibitors from 20 countries. Apart from the fair, there should also be business roundtables for small companies and conferences.
From January to August, the Arab country sold 4,000 pairs of shoes to Brazil. Sales totalled US$ 282,000. Morocco was one of the 15 main suppliers to the Brazilian market in the period.
In the first half, sales of the product grew 70% over the same period last year. Beekeepers want to enter the Arab market.
