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Peña Nieto seeks cooperation with Brazil

Published on Sept. 21, 2012

 
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During his first official visit to Brazil, the Mexico president-elect, Enrique Peña Nieto, pointed out that both countries should work as a team, increase commerce ans cooperate, setting aside the past competition.

Peña Nieto had a meeting this Wednesday with the members of the Federation of Industries of São Paulo (FIESP) and seized the press conference to highlight his “interest in achieving further integration between Mexico and Brazil.”

The two biggest Latin American economies keep a long-lasting fight behind the scenes to take the lead in the region. The battle for a permanent seat in the UN Security Conceal has been one of those conflicts.

The president-elect highlighted though that, despite some critics “get to state that our nations are ...

Brazil operates only 4 % of its oil potential

Published on Sept. 18, 2012

 
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Brazil has been working on its oil fields for more than 60 years. However only 7 % of its 7.5 million km2 have been explored and only 4 % are currently operated.

It is in this small area in Santos Basin where the 149,000 km2 pre-salt layers are located. Only 45,600 km2 are operated under concessions – however, about 15,000 million barrels are expected to be contained in the area, given the past discoveries. This number could even reach 55,000 million barrels, which would set Brazil on a new oil world level.

Since the Brazilian hydrocarbon sector was liberalized in 1997 and Petrobras lost its monopoly, the oil sector has enormously developed, going from 3 ...

Brazil for the solar energy

Published on Aug. 20, 2012

 
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A silicon purification plant in Brazil might be announced before the year 2012 is over, according to the chief of the renewable energy department at BNDES, Antonio Tovar.

Silicon is an essential element for the photovoltaic panel production process.

Such production has interested many businessmen, who have started to create projects located in Brazil during the last two years. Those projects mainly aim to mass-produce photovoltaic panels in this country. As a consequence, the negotiations with many potential silicon providers have started.

This process has been influenced by Annel, the Brazilian Electricity Regulatory Agency, which expects consumers to install their own power production system for self-consumption.

The representatives at BNDES stated that the Brazilian bank would undertake to finance the ...

Vale do Rio Doce to extract potassium in Argentina

Published on July 24, 2012

 
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After the uncertainty caused by the Argentinian nationalization of YPF, the Brazilian miner Vale Do Rio Doce will take part in the Potasio Rio Colorado project (PRC) to extract potassium from Malargüe, Mendoza.

Cristina Kirchner made the announcement yesterday. In addition, during a ceremony held in the Casa Rosada, the Argentinian president signed the contract for building 350 kilometres of railway to connect Río Negro and Neuquén, and 120 kilometres of power lines over the Colorado River.

The megaproject will make the production of 4.3 million tons of potassium possible. Potassium is “one of the three essential nutrients for agriculture”, said Cristina Kirchner. The Brazilian mining company will invest 29,500 million pesos and 12.000 jobs will be ...

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