Brazil's government oil managed corporation Petrobras finished 2007 in sixth place of PFC Energy 50's ranking, which lists the world's largest oil companies based on their market values.
Foreign direct investment in Brazil reached a record 34.6 billion US dollars (almost double the 18.7 billion of 2006) reported the Brazilian Central Bank. FDI this year is expected to topple 28 billion US dollars with an estimated record 4.5 billion in January.
Brazil is seeking to acquire military technology from France that could help it become the first country in Latin America to have a nuclear submarine, the Defense Ministry said on Monday.
Brazil's government managed oil company Petrobras announced this week the discovery of a huge second natural gas field 290 kilometeres off the coast of Rio do Janeiro and 40 kilometeres north of the Tupi field which is thought to be one of the largest discovered in the past twenty years.
Cuban leader Fidel Castro is lucid and healthy enough to resume a political role in Cuba, Brazilian President Luiz Inacio Lula da Silva said on Tuesday at the end of a 24 hours visit to the island during which ten bilateral agreements were signed.
Brazil faces no risk of a yellow fever epidemic, despite an outbreak that killed two people last week in the capital, Health Minister Jose Gomes Temporao said in Brasilia.
Brazil's government managed petroleum corporation Petrobras is involved in Antarctic research and development sponsoring the renewal of the Comandante Ferraz Antarctic Station, and the acquisition of research equipment for the Oceanographic Support Ship Ary Rongel.
The Brazilian Government has launched a vaccination campaign after the health ministry confirmed that a man in the capital Brasilia died from yellow fever.
Brazilian President Luiz Inacio Lula da Silva is scheduled to visit Cuba next week offering investments, but Fidel Castro's health makes a meeting between the two uncertain, Lula's spokesman said in Brasilia.
Brazilian oil company Petrobras and mining company Companhia do Vale do Rio Doce (CVRD) ended 2007 as the two largest companies in Latin America by market capitalization, according o a study carried out by consulting company Economática and released this week.