Browsing: Economy

Brasília – The Brazilian current transactions deficit (all of the operations with foreign countries) reached US$ 1.645 billion in March this year, a lower figure than the US$ 4.343 billion recorded in the same period of 2008. The negative result was higher than the figure forecasted by the Central Bank of Brazil for last month,

Rio de Janeiro – The Business Plan of the Brazilian state-owned oil company for the 2009-2013 period earmarks initial investment of 70 billion reals (US$ 31.3 billion) for developing blocs in its concession in the pre-salt layer. The investment, according to the company, is going to result in “unparalleled development of the heavy industry and

Companies in rede Petro group, from Rio Grande do Sul state, suppliers of energy products, signed an agreement to make possible business prospecting abroad. Many are in the technology area.

Brasília – Dollar inflow and outflow (exchange flow) in Brazil is running a surplus of US$ 287 million in the first seven business days of the current month, according to a bulletin issued today (15th) by the Central Bank of Brazil (BC). Thus, last week saw significant recovery, mainly due to the rise in trade

The light oil discovery is in Santos Basin and is at a depth of 2,140 metres of water at a distance of 340 kilometres from the shore of São Paulo. It is explored by Petrobras, BG Group and Repsol.