Agência Brasil* Rio de Janeiro – Brazilian state-owned oil company Petrobras announced yesterday (26th) an all-time high oil production, at 2,000,238 barrels per day. The result, attained on Tuesday (25th), was possible due to six new platforms that became operational this year, and which produced 590,000 barrels per day. The last platformed to start functioning,
Browsing: Economy
In Dubai, in the United Arab Emirates, the daily routine of a pier contrasts with the local modernity. It is Port Saeed, where small and medium vessels take goods to neighbouring countries such as Pakistan and India. There, Arab men load cargo into ships under the hot sun, and trade takes place just like it did in the old days.
In Dubai, in the United Arab Emirates, the daily routine of a pier contrasts with the local modernity. It is Port Saeed, where small and medium vessels take goods to neighbouring countries such as Pakistan and India. There, Arab men load cargo into ships under the hot sun, and trade takes place just like it did in the old days.
Carmen Steffens already has franchises in Riyadh and Dammam, in Saudi Arabia. Now it is seeking partners to set up a store in Dubai, in the United Arab Emirates. The brand is studying proposals by three Arab businessmen, but has yet not defined who is going to be its partner.
Rubber extractors in the Amazonian region are diversifying their activities and becoming artisans. With support from a cooperative, they make the forest cloth, a product derived from the latex extracted from the rubber tree. Then, they turn into purses and accessories. The items are already sold in several Brazilian states and should be exported in 2008.
The Burj Al Arab hotel, whose shape recalls the sail of a dhow, has become a symbol of Dubai. Built on an artificial island 280 metres away from Jumeirah beach, the site is one of the most coveted by tourists visiting the emirate. Daily rates there may go as high as US$ 13,000.
The Japanese assembly company announced an investment of US$ 150 million in the next two years, and is going to increase the number of models produced in its factory in the southern Brazilian state of Paraná. The company expects to end the year with 11,500 units sold, twice the amount in 2006.
Agência Brasil* Rio de Janeiro – Brazilian state-owned oil company Petrobras informed that oil was discovered in deep water at the PM-S-21 block in the Santos Basin. The company is in charge of operating the block, with a 80% share in a consortium with Portuguese company Galp Energia. The discovery was made in an exploratory
Shipments totalled US$ 572.6 million between January and November. The Middle East and North Africa answered to 5% of foreign sales from the state during the period. Bilateral trade, i.e., the sum of exports and imports, grew 44%.
Agência Brasil* São Paulo – The ethanol-fuelled bus, manufactured in Brazil by means of international programme Bioethanol for Sustainable Transport, was presented today (20th) at Metropolitan Terminal São Bernardo by the project coordinator, José Roberto Moreira, who is also president at the Managing Board of the National Centre for Reference in Biomass (Cenbio). The bus,

