The statement was by the minister of Finance, Guido Mantega. According to him, Brazil is generating foreign interest due to the successful way the country faced the crisis.
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São Paulo – The first load of oil extracted from the pre-salt layer in Tupi field, Santos Basin, has started being processed at Henrique Lage Refinery – Revap, in São José dos Campos. A total of 42,000 cubic metres (264,000 barrels) of oil to be processed in two campaigns. This oil is classified as having
The company delivered 57 jets in the third quarter of this year. In the accumulated result for the year, the organisation has already made 153 deliveries.
Factors like the greater supply of oil for export and the higher Brazilian production of diesel should make Petrobras exports higher than imports this year.
São Paulo – Automobile production dropped by 6.7% in September, in comparison with August. According to the National Association of Vehicle Manufacturers (Anfavea), 275,305 vehicles were produced, as against 295,009 in August. In comparison with September last year, there was a reduction of 8.4%, with 300,688 vehicles manufactured. From January to September, the decrease was
The International Energy Agency has increased its consumption forecast for 2010 by 500,000 barrels a day. China and Arab countries plan to replace the dollar in transactions involving the commodity.
The Brazilian company is going to supply 3.3 million tonnes of direct reduction pellets per year to the Saudi Basic Industries Corporation. The two companies have been in business together since 1982.
The country agreed to buy US$ 10 bn in International Monetary Fund bonds during the G20 meeting, in London. The IMF is collecting another US$ 500 bn to assist nations in difficulties.
Financial markets expect the economy of Brazil to grow 0.01% this year. Production, according to the Central Bank’s Focus Bulletin, should be 7.53%. For 2010, the expectation is for 6% growth.
Brazilian company OGX found evidence of hydrocarbons in block BM-S-29, nearly 130 kilometres off the coast of the state of São Paulo.
The forecast is by the minister of Investment of the country, Mahmoud Mohieldin, for the 2009/2010 fiscal year. In the previous period, ending on June 30th, the growth had been 4.7%.
The country managed to obtain the funds by selling bonds maturing in 2041, at the second lowest interest rate ever, 5.8%. The lowest rate in Brazilian history, 5.299%, was recorded in May.
The figure was disclosed by the secretary of Foreign Trade, Welber Barral. In 2008, Brazilian shipments generated revenues of US$ 198 billion. This year, the total should be US$ 158 billion.
The country is running a trade surplus of US$ 21 billion, 8% more than in the period ranging from January to September 2008.
