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 US holds 21.8 billion. The new discovery can give Petrobras 33 billion barrels in reserve.
The results are not [...]

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Since 2004 Forbes makes a list of the best companies in the world based on their rankings for sales, profits, assets and market value. Their justification for using a composite ranking is simple: One metric alone can give a false impression about corporate size.
In total, the global 2000 companies now account for $30 trillion in [...]

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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 decided the best option was to reuse the P-54 project to build the P-62. In effect, Petrobras intends [...]

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Brazil is the World’s leading Country in Bio Fuels! Over 30 years ago in order to find a renewable and greener source of fuel, the Brazilian Government started the “Ethanol Boom” and has been successful ever since; for today, 8 out of 10 cars manufactured in Brazil have the so called “Flex Power” engines. These [...]

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