The volume of recoverable oil found by the company in the Santos Basin is estimated at 25 million barrels. Production at the site should start before the end of the year.
Browsing: Economy
The figure was disclosed by the Central Bank. The year-to-date sum of dollar inflow and outflow is positive by nearly US$ 3 billion.
A bulletin issued by the Confederation of Industries today shows revenues in December 2009 exceeded by 0.2% the results for September 2008, which preceded the worsening of the international crisis.
The Brazilian construction company should provide services to Irtibaat consortium, competing for expansion, financing, operation and maintenance of a highway. The group competes with another two.
The organisation plans to expand its operation with the establishment of committees. One of them should attract Arab capital to Brazil and take Brazilian investment to the Arab world.
The US$ 172 million negative balance last week was the result of exports of US$ 2.928 billion and imports of US$ 3.1 billion, according to the Ministry of Development, Industry and Foreign Trade.
Automobile manufacturing dropped by 3.7% in Brazil in January, compared with December last year. A total of 243,000 units were made.
The industry posted US$ 3.4 billion in revenues in December, representing growth of 0.6% over the same month of 2008. Annual revenues, however, decreased by 18%.
Over seven years, the country went from 5,000 to 10,000 kilometres of pipelines. Yet another one will be inaugurated this Wednesday: Cabiúnas-Reduc III, South America’s largest in diameter.
The number of passenger arrivals at Brazilian airports last year was the largest ever recorded by the country’s Airport Infrastructure Company. Domestic arrivals totalled 56 million.
The recruiting event will take place next Sunday, at 11:00 am, at the Intercity Premium Ibirapuera hotel, in the Moema neighbourhood.
Nine national institutions are among the world’s 500 most valuable banking brands. Bradesco ranks 9th in the survey conducted by company Brand Finance and magazine The Banker.
According to a research developed by Rizzo Franchise, over 14,000 new franchises were established in Brazil last year. The greatest growth was in the food sector, followed by garments.
Rising exports of the commodity led the Brazilian trade balance deficit in January to be lower than the one recorded in the same month of last year.
