Brazil’s government managed oil and gas corporation Petrobras said there is “no chance” a planned strike by its workers beginning Monday will limit the country’s fuel supply.
With the master touch of Brazilian diplomacy the Friday regional summit with Argentina not only sent a clear political message of understanding between Mercosur main partners, but also evidence of that close coordination.
Argentine visiting president Cristina Fernandez de Kirchner and her Brazilian counterpart Lula da Silva called on Friday for speedier financing of joint development and commerce projects to help stimulate decreasing bilateral trade.
Brazil’s government managed oil and gas corporation Petrobras faces a possible nationwide strike by oil workers that could paralyze the company's oil production for five days, starting Monday.
Amazon indigenous groups have won a major victory with Brazil's Supreme Court upholding the integrity of a vast native reserve in the northern state of Roraima next to Venezuela.
Brazil needs 270 billion US dollars in investment over the next 10 years to develop massive new deepwater oil reserves, energy minister Edison Lobao said on Thursday.
Europe’s largest paper and pulp maker Stora Enso anticipated a drop in first quarter earnings and said it is freezing the expansion of a mill in Brazil because of sliding demand for wood and fine paper used in offices and magazines.
The mosquito transmitted dengue disease which has caused havoc in the heartland of South America and at least five countries, has now been reported in the northeast of Brazil where authorities confirmed Monday the spread of the disease with a death toll of 25 people since the beginning of the year and 4.751 new cases reported in the last week.
President Barack Obama and Brazilian President Luiz Inacio Lula da Silva discussed the economy, energy and the environment Saturday during their first White House meeting.
Paraguay is a poor country and is fighting for a fair market price for its share of energy generated at South America’s largest hydroelectric dam shared with Brazil. “Somehow we are subsidizing Brazil’s energy”, said Paraguayan president Fernando Lugo in an interview with the Spanish daily El Mundo.