This week the company started producing oil in Agbami field. Petrobras has 13% participation in the field and has already invested US$ 2.2 billion in the country.
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The Brazilian import tax on machinery with no similar national model should continue reduced up to 2010. It had dropped from 14% to 2%, but the forecast was for the reduction to end in December.
The percentage in June is the highest since January 1995, according to the Central Bank of Brazil. This month, the total exceeded US$ 634.7 billion.
Brasília – The confidence of industrialists in the Brazilian economy decreased 0.7% in July, in comparison with the previous month. The figures of the Industry Confidence Index (ICI) were disclosed today (29) by the Getulio Vargas Foundation (FGV) and indicate that "the industry is still expanding, although at a slightly lower pace than recorded in
A shoe "made of Brazil." This will be the tonic of a foreign campaign for promoting footwear manufactured in the country in the second half this year.
Disbursements by foreigners in Brazil, on the other hand, reached US$ 393 million in the period, resulting in a monthly deficit of US$ 711 million in the balance of international trips.
Out of eight currencies surveyed by consultancy firm Economatica, the Brazilian real was the one that appreciated the most against that of the United States.
Shipments totalled US$ 5.4 billion during the period. Imports touched on US$ 4 billion.
The units will be in the cities of Évora and will be used for the production of complex airframe structures for metallic assemblies and composites. Investment should total 148 million euros.
The Arab Brazilian Chamber of Commerce has placed at the disposal of Brazilian businessmen, on its site, a study with a series of clues about how to be more successful in trade with the Arabs.
The commission for studying alternatives for the pre-salt layer discoveries will begin to meet next week. A proposal should be forwarded to the Presidency of the Republic within 90 days.
The port had a throughput of 13.3 million tonnes in the first quarter of this year, up 10.5% over the same period in 2007. The strong point of the port is trade of agricultural products in bulk.
Multinational Ameron is going to build an industrial unit in the city of Betim, in the Brazilian state of Minas Gerais, to produce epoxy resin pipes.
The Federal University of Rio de Janeiro will have, in its Business Incubator, a programme turned to oil and gas technology. Enterprises in the area will receive support to start operating.

