MercoPress. South Atlantic News Agency
Brazil's subsalt could hold enough petroleum to supply the world five years
Brazil's Subsalt Polygon, the offshore area that has already yielded some of the world's largest recent oil finds, may hold enough undiscovered petroleum and gas to supply the world's current oil needs for more than five years, researchers said. Read full article
Comments
Disclaimer & comment rulesOil companies from the BRICS must have exclusivity in the exploration of Brazilian oil. Brazil should not accept the participation of any Western company, both in the exploitation of deposits as the supply of inputs.
Aug 12th, 2015 - 10:50 am - Link - Report abuse 0https://www.youtube.com/watch?v=7MlZfSBsgQM
Bad luck.
Aug 12th, 2015 - 12:50 pm - Link - Report abuse 0The west is in there developing away as well.
Next wet dream please Brasileiro.
These figures 'might' be correct but as they have not been independently assessed or validated, who knows?
Aug 12th, 2015 - 01:03 pm - Link - Report abuse 0It's like the old saying: 'if my aunt had balls she would have been my uncle' and just as nonsensical.
They're trying to make it seem like they have enough assets to pay their debt.
Aug 12th, 2015 - 01:47 pm - Link - Report abuse 0There's lots and lots of “probable” oil around. Lots and lots.
We want to make it clear that even if the United States impose any fine on Petrobras, we will not pay. The United States may be the will to impose any economic sanctions because we will not pay anything.
Aug 12th, 2015 - 02:03 pm - Link - Report abuse 05. Bahahaha, there's a darn good chance Lula and Dilma will have to stay out of the USA due to the coming fraud charges.
Aug 12th, 2015 - 02:14 pm - Link - Report abuse 0Anyhoo, your economy is completely dependant on the USA. I am not sure why you don't understand that.
Or are you completely mad or a good comedian. Write this: Brazil and Argentina are the only two countries worldwide that do not need anything from the outside world.
Aug 12th, 2015 - 02:37 pm - Link - Report abuse 07. Then why bother with trade at all?
Aug 12th, 2015 - 02:46 pm - Link - Report abuse 0Imports
Brazil was the United States' 16th largest supplier of goods imports in 2013.
U.S. goods imports from Brazil totaled $27.6 billion in 2013, a 14.2% decrease ($4.6 billion) from 2012, but up 54% from 2003. U.S. imports from Brazil accounted for 1.2% of overall U.S. imports in 2013.
The five largest import categories in 2013 were: Mineral Fuel and Oil (crude) ($5.8 billion), Iron and Steel ($3.0 billion), Special Other (returns and repairs) ($1.9 billion), Machinery ($1.9 billion), and Aircraft ($1.7 billion).
U.S. imports of agricultural products from Brazil totaled $3.4 billion in 2013, the 6th largest supplier of ag imports. Leading categories include: coffee (unroasted) ($1.1 billion), tobacco ($391 million), fruit and vegetable juices ($304 million), and coarse grains ($296 million).
U.S. imports of private commercial services* (i.e., excluding military and government) were $6.9 billion in 2012 (latest data available), 0.9% ($60 million) less than 2011 but up 305% from 2002 level. The other private services (business, professional, and technical services), royalties and license fees, and travel services categories led U.S. services imports from Brazil.
Investment
U.S. foreign direct investment (FDI) in Brazil (stock) was $79.4 billion in 2012 (latest data available), up 7.5% from 2011.
U.S. direct investment in Brazil is led by the manufacturing and finance/insurance sectors.
Brazil FDI in the United States (stock) was $3.6 billion in 2012 (latest data available), down 29.5% from 2011.
Brazil’s reported direct investment in the U.S. is led by the wholesale trade sector.
Sales of services in Brazil by majority U.S.-owned affiliates were $38.0 billion in 2011 (latest data available), while sales of services in the United States by majority Brazilian-owned firms were $1.5 billion.
Without the USA your economy would collapse.
It worries me that statement Brasshole because your attitude as an indoctrinated socialist will see your country slide further away relative to others. Your population will be the poorer for it. For example do you not need to import anything, your manufacturing industry is withering? Unless you want to live in mud huts I think you will require trade.
Aug 12th, 2015 - 02:48 pm - Link - Report abuse 0@ 8
Aug 12th, 2015 - 03:04 pm - Link - Report abuse 0Brazilian companies dominate the animal protein sector in US. The largest brewer in the United States belongs to Brazilian Ambev. Heinz, Swift, Sierra Nevada, Burger King are Brazilian companies.
Even Refinery Brazil has in the United States. Moreover, we are the fourth largest individula creed of the United States.
Little friend, I think you need us. However, the United States could disappear from the map and we would not feel its lack
10. Baahahahaha delusional nutbag
Aug 12th, 2015 - 03:32 pm - Link - Report abuse 0Caymans are most intelligent thing in Brasil, not Brasilians
Aug 12th, 2015 - 04:58 pm - Link - Report abuse 0Got better teeth and more beautiful too.
supply the whole world for five years,
Aug 12th, 2015 - 05:25 pm - Link - Report abuse 0Argentina must surely have a claim here somewhere somehow,
This is a far to good of and opportunity to let pass by.
just a black thought.
@5 brasshole
Aug 12th, 2015 - 08:30 pm - Link - Report abuse 0Regarding yr “We want to make it clear that even if the United States impose any fine on Petrobras, we will not pay”............
I want to make it clear that what you want, is totally irrelevant .
@8 yb
Interesting stats, but lost on the brasshole.
@10 brasshole
“Brazilian companies dominate the animal protein sector in the US”....
Companies ? One company, Friboi.....and so ?? it just means that Friboi has a big market share in the US... Not to mention that this very likely only became possible, due to spurious loans to that company, negotiated by Lula with the BNDES on behalf of his genius son Lullinha, and is just another corruption scheme waiting to be investigated and made public.
And re Ambev, so what if one of the main shareholders is a Brazilian - Jorge Lehman ? the company depends as much on its foreign markets as much as it does on the Brazilian market....so, what difference does it make who owns it ? or do you think that beer would dry up in the world if it didn't exist ?
The Brazilian Refinery - at Pasadena, TX - is part of the ongoing corruption investigation in Petrobras.....nothing to be proud of.
Brasshole, put the crack pipe down for 5 mins.
Aug 12th, 2015 - 09:31 pm - Link - Report abuse 0What a dimwit !
These stats are as reliable as Indec's
Apparently a Brazilian and a Chinese national were discussing PBR bribes in NYC.
Aug 12th, 2015 - 09:38 pm - Link - Report abuse 0Now this falls under USA law.
Like a said before there's a very good chance Lula and Dilma will have to stay out of the USA jurisdiction or end up rotting in a USA jail cell.
They may anyway..
Jack Bosta, someone from PT fuck you? Find a veterinary doctor before too late.
Aug 12th, 2015 - 11:44 pm - Link - Report abuse 0@17 brASSHOLE
Aug 13th, 2015 - 06:03 pm - Link - Report abuse 0No, but I think that you, as a baby, sucked on Lulla's knob instead of a pacifier.
You don't like your lies being exposed, do you ?? Vá chupar uma pica, seu viado ...
still the same old tired negative loser rhetoric on here thats funny in a Jungian way as it really does express their own internal feelings about themselves and their own screwed up countries. Just last week we closed our first acquisition of a Brazilian oilfield service company and made huge bet on the future of Brazil. The more I read the negative claptrap on here the more I realize we are making a great investment at a great time just like we did in Argentina several years ago. Thank you Brazil
Aug 14th, 2015 - 05:18 pm - Link - Report abuse 0@ 19
Aug 14th, 2015 - 06:50 pm - Link - Report abuse 0Yes dear, of course you did!
You haven't posted for a long, long while, pray tell: have you been locked up in the nuthouse with Stevie 'Breakdowns R Us' by any chance because you both spout similar crap and they have decided to let you out until your next delusional attack?
Well poor ol Diego often doesn't know if he's on a private jet going to Brazil or Argentina.
Aug 15th, 2015 - 11:22 am - Link - Report abuse 0Diego, That's pretty big news care to post the link? I can't seem to find it.
Bahahahaha
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!