Recent Offshore Oil Discoveries and Prospects for Brazil's Energy Sector---Aarkstore Enterprise Market Research Aggregation

Summary3.3 Oil and gas Discovery 7
Brazil is currently the largest consumer of primary3.4 Oil field Discoveries: Analysis 8
energy among Central and South American countries.3.5 Conclusion 9
In the Western Hemisphere, it ranks third largest after4 Recent developments 10
the US and Canada. It faced a serious energy crisis in4.1 May 09, 2008: Brazil Says It Wants To Join OPEC
the years immediately following the Arab Oil Embargo10
and imported about 85% of its crude oil consumption in4.2 May 09, 2008: Petrobras' Gasene Pipeline To Be
the 1970s. In the subsequent years, with theCompleted By Early 2010 10
Pró-Álcohol policy to increase domestic ethanol4.3 May 08, 2008: Shell To Begin Production At Brazil
production, the country has become the secondBC-10 Oil Block In 2009 10
largest producer and the largest exporter of ethanol in4.4 May 05, 2008: Petrobras To Begin Pumping Crude
the world. In 2006 it produced 16.3 billion litres whichFrom Tupi Field In 2009 11
represents 33.3% of the world's total ethanol4.5 Apr 29, 2008: Petrobras Discovers Oil And Natural
production and 42% of the world's ethanol used asGas Reserves In Southern Brazil 12
fuel. With regards to crude oil output, Brazil's oil4.6 Apr 22, 2008: Brazil To Invest $72 Billion In Oil And
production currently is 2.238 million barrels per day andGas Exploration Projects 12
consumption is 2.1 million barrels per day. Its domestic4.7 Apr 18, 2008: Oil Finds Prompt Brazil To Change
demand for energy is expected to increaseRules In The Sector 13
substantially with the increase in consumption by the4.8 Apr 17, 2008: Norse Energy Provides BM-CAL-5
transportation and electricity sectors.Block Update 14
Scope4.9 Apr 16, 2008: Cuba Postpones Crude Oil Strip
• Report viewpoints cover the latest events orDrilling To 2009 14
important trends in the global oil and gas industry and4.10 Apr 16, 2008: Petrobras Provides Production
provide our in-depth analysis of issues and challenges.Update 15
Viewpoints offer expert opinions and views of various4.11 Apr 15, 2008: Brazil, India To Enter MoU In Oil, Gas
developments that have been taking place in the oilSector 16
and gas industry across the world.4.12 Apr 14, 2008: Petrobras Clarifies On Discovery In
Reasons to BuyThe Carioca Area 16
• Develop business strategies with the help of4.13 Apr 15, 2008: Petrobras To Begin Oil Production In
specific insights on the key events happening in the oilNigeria 17
and gas industry.4.14 Mar 27, 2008: Venezuela, Brazil To Speed Up
• Gain a strong understanding of the energy marketEnergy Integration 17
and analyze the major trends in the global oil and gas4.15 Mar 18, 2008: Perenco Announces Signature Of
industry todayBrazil Deep Water Exploration Licences 18
• Identify opportunities and challenges with the help4.16 Apr 01, 2008: Petrobras Announces First
of our analysis of the latest news and deals in the oilExtra-Heavy Oil Of Brazil 18
and gas industry4.17 Mar 14, 2008: Iran Calls Petrobras To Involve In Its
• Increase future revenue and profitability with theOil Sector 19
help of information on latest operational, financial, and4.18 Feb 20, 2008: Ecuador Attorney General Seeks
regulatory eventsTo Cancel Oil Contract with Petrobras 19
 4.19 Feb 04, 2008: Oil Companies To Invest $7 Billion In
 Colombia In 2008 20
 4.20 Jan 22, 2008: OPEC Cuts Forecast For
Table of Contents : Non-OPEC Members In 2008 Oil Output 20
Viewpoint 55 Appendix 21
2.1 Summary 55.1 Methodology 21
3 Recent Offshore Oil Discoveries and the Prospects5.2 Contact Us 23
for Brazil's Energy Sector 65.3 About GlobalData 23
3.1 The Current Milieu 65.4 Disclaimer 23
3.2 Changes in Domestic Energy Industry 61.