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By Maria Lopez Conde, Senior Contributing Reporter SÃO PAULO, BRAZIL - Investments in Brazil's education sector as a percentage of Gross Domestic Product (GDP) have increased from 5.8 percent to 6.1 percent between 2010 and 2011, according to a...
By Maria Lopez Conde, Contributing Reporter RIO DE JANEIRO, BRAZIL – Sixty-four out of the 71 national and international companies that filed requests with the Brazil’s National Petroleum Agency (ANP) will be allowed to bid for Brazilian exploration blocks this...
By Leo Byrne, Contributing Reporter RIO DE JANEIRO, BRAZIL - The economic fallout from Congress’ divisive decision to overturn the presidential veto on the redistribution of oil royalties continued this week as the main oil producing states reviewed their budgets...
By Lucy Jordan and Leo Byrne, Contributing Reporters RIO DE JANEIRO, BRAZIL – After some five hours of impassioned speeches and spirited debate, Brazil’s Congress early Thursday morning voted to overturn President Dilma Rousseff’s line-item vetoes of a new oil...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Petrobras will put six new oil platforms into operation in 2013, Brazil’s semi-public oil giant has announced, adding around 840,000 barrels of oil daily to the company’s current output...
By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A result of the ongoing battle over oil royalties paid in Brazil, is an increased attention to royalties paid in the mining and hydroelectricity energy sector. Meanwhile, the...
By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Deputies and senators from non-oil producing states have secured enough signatures to force a vote on President Dilma Rousseff’s partial veto of a controversial oil royalties bill. The politicians...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – President Dilma Rousseff has approved a controversial new bill that sets out the redistribution of oil royalties to non-producing states nationwide, Chief of Staff Gleisi Hoffmann has announced. However, much...
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – An estimated 200,000 people have taken to the streets of Rio in a mass protest demanding Brazilian President Dilma Rousseff veto a bill which would change how oil royalties...
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian President Dilma Rousseff has until November 30th to decide whether she will veto sections of a controversial new bill, set to see oil royalties distributed more evenly among all...
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