Brazil found third biggest oil reserve in the world

National Petroleum Agency(NPA) has said that with this new found Brazil is about to surpass U.S in oil reserve, currently according to the US Energy Department, Brazil’s existing proven oil reserves total 11.8 billion barrels, while the...

Petrobras to build another platform in Brazil

Petrobras, Brazil, has approved the early stage of contracting for platform P-62, slated to be installed in Module 4 at the Roncador Field, in the Campos Basin. After carrying out several internal technical and economic studies, the company...

Brazil became energy independent

Brazil is repeating the same success with Biodiesel that it had with Ethanol 30 years ago. All the efforts made now pays off. What many industrialized country has failed Brazil has accomplished this year, it became energy independent. That...