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Tag: petroleum

Brazil and China Want to Drop Dollar in Oil Trading

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

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 ...

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 ...

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 ...

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

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

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 ...

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 ...

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 ...

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

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

Disappointment: Brazil’s Petrobras Could Not Reach 2005 Target

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