Petrobras Energia the Argentine branch of Brazilian oil group Petrobras reported an oil and gas discovery in Argentina's Patagonian province of Santa Cruz.
Headlines:
Hake research cruise in south Chile; Korean cooperation for Santa Cruz aquaculture industry; Chubut questions hake quota allocation.
Headlines:
UV radiation controversy in Chile; ENAP surveys for gas in Tierra del Fuego; Patagonia Chambers of Commerce unite.
Brazilian authorities are confident the country will reach oil production self-sufficiency a year ahead of target. Government owned hydrocarbons complex Petrobras hopes to produce 1,85 million barrels of crude per day by the end of 2005, enough to cover domestic demand, year ahead of schedule.
The positive image of Brazilian president Luiz Inacio Lula da Silva administration increased almost nine points at the beginning of August according to a public opinion poll from Sensus Institute contracted by the National Transport Confederation, CNT.