Tag: petroleum

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Brazil and China Want to Drop Dollar in Oil Trading

The International Energy Agency (IEA) is forecasting that oil production in 2010 should total ...

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Biofuel Is Inevitable and Brazil Leads the Field, Says Lula

Brazil's discovery of an oil reserve in the Santos Basin in the south of ...

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Brazil Makes US$ 10 Bi Exporting Oil and Spends US$ 11 Bi Importing It

Brazilian exports of oil and derivatives yielded US$ 10.136 billion between January and September ...

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Brazil’s Ethanol Won’t Substitute Oil at Least for Three Decades

Petroleum, which accounts for 43.1% of the Brazilian energy matrix, will continue as the ...

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It’s Time Bolivia Partakes in Brazil’s Gas Windfall

The Bolivian minister of Hydrocarbons, Andrés Soliz Rada, says that Bolivia will run audits ...

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Brazil Plans to Maintain Oil Self-Sufficiency in Decades to Come

When he turned the faucets to start the oil flowing on Platform P-50, last ...

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Brazil’s Petrobras Gets 8.6% Jump in Oil and Gas Production

Brazilian state-owned oil company Petrobras’ average petroleum and natural gas production rose 8.6% in ...

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Brazil Says This Time Is for Real: Oil Self-Sufficiency in 2006

The new petroleum platform, or drilling rig, P-50, which is now ready to be ...

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Brazil’s Benefit of Costlier Oil: More Sales to Arabs

The price of the WTI (West Texas Intermediate crude, a type of oil used ...

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Disappointment: Brazil’s Petrobras Could Not Reach 2005 Target

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

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