Browsing: Economy

Brazil’s National Agency of Petroleum, Natural Gas and Biofuels has issued a pre-request for proposals and the draft contract for the tender of 70 exploration blocks.

Brazilian economy expanded from July to September over the three previous months, in the third consecutive increase. Over the same period of last year, the growth reached 1.4%.

Unemployment reached 12.7 million people in Brazil, says a survey by the Brazilian Institute of Geography and Statistics (IBGE) on the quarter that ended in October. The rate is 0.6 percentage point lower than the previous quarter.

The Brazilian Chamber of Deputies approved the extension of a draft Provisional Measure lifting taxes on imports of goods intended for oil and gas exploration, development and production.