Tag: oil

Disappointment: Brazil’s Petrobras Could Not Reach 2005 Target

Brazilian state-owned oil company Petrobras expects to close the 2005 exercise having processed a ...

Ethanol Policy and Oil Exploration Make Brazil Oil Self Sufficient

Once almost completely dependent on oil imports, early next year, Brazil will begin producing as ...

Brazil Reaches Self-Sufficiency in Oil Before Christmas

The president of the state-owned Brazilian oil company Petrobras, José Sérgio Gabrielli, says that ...

Profits at Brazil’s Petrobras Reach Record US$ 6.9 Billion

During the first nine months of this year, Petrobras – Brazilian Petroleum, S.A. – ...

Brazil Gives Up Reaching Oil Self-Sufficiency This Year

Brazilian Petroleum S.A., Petrobras, intends to turn Brazil into a net exporter of petroleum, ...

South America’s Gas Prices: In Brazil, US$ 4.1 a Gallon; in Venezuela, a Mere 15 Cents

With the world oil and refined products crisis expanding particularly following the impact of ...

Latin American Market Bounces Back Led by Brazil

Latin American markets reversed course and turned broadly positive today, following steep declines yesterday. ...

Brazil’s Petrobras Gets 2.3 Million Barrels a Day, an 11% Boost

Brazil’s government-owned Petrobras totaled in July an average daily gas and oil production, from ...

Flex-fuel Takes Over in Brazil. Mere 36% of Cars Sold Run on Gasoline Alone.

In Brazil, automobiles with engines that can use more than one type of fuel ...

Brazil Signs US$600-Million Oil Contract with China

Brazil’s government owned Petrobras announced Monday, July 18, the signing of a contract for ...