Brazil's government owned oil company Petrobras announced plans to invest 112 billion US dollars in production, exploration and related activities in Brazil and overseas during the next five years.
Destruction of Brazil's Amazon rainforest has dropped by nearly a third during the last year to its lowest rate in the last seven years, according to government figures.
Brazilian President Luiz Inacio Lula da Silva offered Nicaragua technical assistance in producing ethanol after talks Wednesday in Managua with the country's president, Daniel Ortega. Brazil will seek to contribute to growth, development and social justice in Nicaragua, Central America's poorest country, Lula da Silva told reporters.
The Airbus that crashed in Sao Paulo last month killing 199 people showed no sign of mechanical fault, a representative for the European aircraft manufacturer told the Brazilian Congress this week.
Brazilian president Lula da Silva has invited Mexico to join South America in an only trade block with global aspirations. The Brazilian leader currently visiting Mexico with a numerous trade delegation also called on his hosts to join Mercosur.
President Luiz Inacio Lula da Silva began a six-day, five-nation tour Sunday to develop energy and biofuel agreements in Latin America and the Caribbean.
The head of Brazil's airports authority has been replaced in the wake of the country's worst air crash last month.
The Brazilian gas company Petrobras wants to export Liquefied Natural Gas (LNG) to the Chilean market.
Former Brazilian president Fernando Enrique Cardoso said he was hopeful his country could participate in finding an understanding to the Uruguay/Argentina pulp mill dispute since this involves the River Uruguay basin.
Brazil's Air Force directly blamed Airbus for the recent tragedy in the Sao Paulo Congonhas airport which killed 200 people.