Browsing: Economy

The Brazilian government authorized the 4th tender for marginal wells, i.e. those where extraction is not profitable for operators, but could be for smaller companies. No date has been set yet.

In Brazil, after going up in June, revenue numbers dropped in July. In the seven months through July, revenues are down 12% according to the National Federation of Industry (CNI).

The organization’s CEO, Michel Alaby, will be one of the speakers in the event ‘Invest in Oman Forum’ on September 27. Executive will talk about the Brazilian experience with free-trade zones.