Tag: Brazil

• Friday, May 4th 2012 - 00:26 UTC

  BG selling lucrative asset in Brazil to focus on oil and gas fields

  

  UK gas producer BG Group has announced a deal to sell its stake in Brazil's Comgas to Sao Paulo-based Cosan for 1.8bn dollars. BG said it expected to deal to be completed by the end of the year.

• Thursday, May 3rd 2012 - 07:19 UTC

  Brazil working on package to further lower interest rates without scaring savers

  

  Brazilian President Dilma Rousseff plans to unveil changes to rules related to savings accounts on Thursday, government sources said, a key move to pave the way for lower interest rates in Latin America's largest economy.

• Thursday, May 3rd 2012 - 07:04 UTC

  French poultry processor in Brazil in talks to sell local subsidiary

  

  Brazil’s meat giant JBS is the most likely buyer of a local subsidiary owned by a French poultry processor, according to news reports.

• Wednesday, May 2nd 2012 - 05:30 UTC

  World Bank support for Rio Grande do Sul Brazil’s fourth largest economy

  

  The World Bank approved a 480 million dollars loan to strengthen public investment in the Brazilian State of Rio Grande do Sul which will benefit around ten million people.

• Monday, April 30th 2012 - 04:08 UTC

  “Brazil ready to live a natural gas golden era” with self sufficiency in five years

  

  Brazil which currently imports 35% of the natural gas it consumes from Bolivia has found sufficient reserves to ensure self-sufficiency in the coming five years announced Mines and Energy minister Edison Lobao.

• Saturday, April 28th 2012 - 05:26 UTC

  Brazil leading mining corporation reassessing its long term iron-ore reserves

  

  Brazilian leading mining company Vale SA is “facing one of the toughest periods in our history as far as reserves are concerned,” a company executive said Thursday.

• Saturday, April 28th 2012 - 05:09 UTC

  Brazil will increase military presence in the Amazon to protect natural resources

  

  Brazil will boost its military presence in the Amazon region to protect its huge natural resources from any external threat, Defence Minister Celso Amorim told the Senate on Thursday.

• Thursday, April 26th 2012 - 23:34 UTC

  Russia and Brazil main buyers of Paraguayan beef in spite of FMD

  

  Paraguay refrigerated beef exports to Brazil soared 202% during March compared to a year ago and is turning the giant neighbour into the main partner for the item replacing Chile, which ceased purchases following an outbreak of Foot and mouth disease a few months ago.

• Thursday, April 26th 2012 - 06:07 UTC

  Brazilian congress approves forest bill that further threatens Amazon basin

  

  Brazil’s Lower house of Congress on Wednesday approved a bill that weakens the country’s benchmark environmental law protecting the Amazon and other areas, a move that some fear will lead to a spike in deforestation.

• Thursday, April 26th 2012 - 05:59 UTC

  Brazil investing heavily in developing Peruvian natural gas sector

  

  Three of Brazil's leading companies said on Wednesday they are increasing investment and exploration in Peru's natural gas sector as the country prepares to build a new pipeline and petrochemical plants.