Brazil

Brazil
Friday, July 16th 2010 - 08:01 UTC

Petrobras begins deepwater pre-salt commercial crude production

President Lula da Silva celebrates

Brazil’s government controlled energy giant Petrobras began commercial crude production Thursday from a deepwater deposit in the pre-salt region, which the government anticipates will turn the country into a global leader in oil production.

Friday, July 16th 2010 - 03:29 UTC

First Brazilian presidential candidates’ debate will be on internet

Opposition presidential candidate Jose Serra

The first debate between Brazilian presidential candidates will be done exclusively for Internet, with the backup organization of the country’s four most important portals which make up an estimated 95% of internet users.

Thursday, July 15th 2010 - 05:54 UTC

One of Brazil’s leading newspapers abandons print and opts for internet

The Brazilian daily Jornal do Brasil will discontinue its print edition and publish exclusively on the Internet starting September first, the owner of the 119-year-old newspaper said Wednesday.

Wednesday, July 14th 2010 - 01:59 UTC

Lula da Silva opens bid for a bullet train on time for the 2016 Summer Olympics

At least six countries have shown an interest in the 19 billion US dollars project

Brazilian President Lula da Silva launched Tuesday the bidding process for the construction of the high-speed rail service between the country’s two largest cities, Sao Paulo and Rio do Janeiro, which should be running by 2016 when Brazil hosts the Olympic Games.

Wednesday, July 14th 2010 - 00:59 UTC

Brazil/EU summit to follow up the resumed negotiations with Mercosur

Foreign Affairs minister Celso Amorim is confident an agreement can be reached before Lula da Silva steps down from office

The recent resumption of negotiations for a cooperation and free trade agreement between Mercosur and the European Union will be at the heart of the EU/Brazil summit scheduled to begin Wednesday in Brasilia.

Tuesday, July 13th 2010 - 06:37 UTC

Petrobras first tests in the Franco sub-salt field confirm 50.000 bpd

The field holds an estimated 4.5 billion barrels of recoverable oil according to Brazil’s oil regulator

Brazil’s oil regulator ANP said it concluded its first test at the Franco offshore field, which holds the oil reserves that the government may sell state-controlled Petroleo Brasileiro SA, Petrobras, in exchange for new stock.

Tuesday, July 13th 2010 - 06:21 UTC

Brazil’s automobile production in first half soars 19.1% over a year ago

Exports in June fell compared to the previous month of May

Brazil’s automobile production increased 19.1% in the first half of the year compared to the same period a year ago and exports soared 62.3% according to the Brazilian automakers association Anfavea.

Tuesday, July 13th 2010 - 00:52 UTC

Petrobras contracts global PR in anticipation of its deep sea sub-salt drilling

One of the world's biggest oil producers has sought global PR expertise as it expands a controversial deep sea offshore sub-salt drilling program.

Saturday, July 10th 2010 - 07:57 UTC

Brazil launches logo, song and campaign to promote 2014 World Cup

The official logo for 2014 Brazil World Cup

Brazilian President Lula launched “Brazil is Calling You” campaign in Johannesburg, following South Africa officially handing over the keys to Brazil as the next host nation of the FIFA World Cup.

Saturday, July 10th 2010 - 07:53 UTC

African party backfires for Lula da Silva who anticipates return to Brazil

Lula da Silva next to Jacob Zuma

Brazilian president Lula da Silva confirmed Friday he will not be present at the South Africa World Cup final on Sunday because he has urgent work in the northeast of the country ravaged by floods that has left tens dead and thousands homeless.

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