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Pre-Salt Oil and Gas News

USIMINAS and UFRJ sign agreement for the pre-salt

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15 Feb 2010 - by PreSalt.com - Source: USIMINAS

Usiminas (Bovespa SAO: USIM5, USIM3 and USIM6 - OTC: USNZY) and Alberto Luiz Coimbra Institute for Graduate Studies and Research (Coppe) of the Federal University of Rio de Janeiro (UFRJ), signed an agreement on cooperation in science and technology at the Technology Center in Ilha do Fundão. The agreement was signed by Vice President of Business of Usiminas, Sergio Leite, and the Director of Technology and Innovation of Coppe, Segen Estefen.

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Petrobras Note: Clarification about the estimations for Tupi

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12 Feb 2010 - by PreSalt.com - Source: Agência Petrobras

Regarding news published by the press Friday (02/12) about the results of the extended well test (EWT) for Tupi, which was kicked-off in May 2009, Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) clarifies the EWT has been taking place as planned by the Company, and that its main objective is to collect technical information for the development of the pre-salt (subsalt) reservoirs.

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Memorandum signed between Petrobras and Brazilian universities

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10 Feb 2010 - by PreSalt.com - Source: Agência Petrobras

Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) and three Brazilian universities (UNESP, UNICAMP and UENF) signed on Tuesday (09/02) a letter of intent with the aim of laying the foundations for future cooperation in technological studies of pre-salt (subsalt) areas of Geosciences and Engineering Reservoir, with a focus on research and training. In view of the great discoveries of oil reserves in carbonate rocks of the Basin of Santos and Campos, Petrobras has been developing studies to enable the commercial exploration of these fields. With that Petrobras also plans to leverage the technological development in these areas of expertise.

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Petrobras will need upgrading if approval of the regulatory framework of the pre-salt extends to second half

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05 Feb 2010 - by PreSalt.com - Source: Agência Brasil

The president of Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA), José Sergio Gabrieli said yesterday (4 / 02) that the delay of Congress vote on the bills of the regulatory framework of the pre-salt layer indirectly influences the company's investments

Last Updated on Wednesday, 17 February 2010 11:19 Read more...
 

Pre-salt will allow leeway in fuel prices, says Lula

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11 Feb 2010 - by PreSalt.com - Source: Agência Brasil

President Luiz Inácio Lula da Silva said that oil production in the pre-salt (subsalt) will allow Brazil to have "leeway" in fuel prices. Lula said that amid high fuel prices, prompting the government to reduce the percentage of ethanol blends in gasoline and reduce the recovery of the Contribution on Intervention in the Economic Domain (CIDE) in these products.

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Supreme Court of Brazil files action on the pre-salt royalties

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05 Feb 2010 - by PreSalt.com - Source: Agência Brasil

The minister of the Supreme Court (STF), Eros Grau, filed today (4) the injunction, of the Congressman Eduardo Cunha (PMDB-RJ) to the House of Representatives was barred from acting on the amendment that deals with royalties of the pre-salt (subsalt).

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Brazil, president of the Chamber of Deputies want to vote for projects on oil exploration of the pre-salt in the reopening of the Chamber

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02 Feb 2010 - by PreSalt.com - Source: Agência Brasil

The Chairman of the House of Deputies of Brazil, Michel Temer (PMDB-SP), said he intends to put to a vote the projects dealing with oil exploration in the pre-salt (subsalt), but do not believe that the voting is completed before the carnival.

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