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 Just one day after Brazil's President Luiz Inácio Lula da Silva said that "God is Brazilian," following the discovery of massive new oil reserves offshore, state-controlled oil multinational Petrobras reported that the Brazil's domestic oil output fell 2.3% in October from September in its fourth straight monthly drop totaling a steep 5% below year-ago levels.
Petrobras, which accounts for nearly all crude production and refining in Brazil, said Wednesday that it pumped an average of 1.73 million barrels per day last month, below last year's average of 1.78 million bpd.
The Brazilian oil company explained that it had programmed stoppages at the Garoupa and Corvina fields and had to halt a 60,000 bpd rig at the Albacora field to repair a riser pipeline. But output has since resumed at the three fields.
Petrobras expects the production drop to be reversed soon after two rigs on the light oil fields of Piranema and Golfinho started working in October and November, while two big platforms are due for start-up on the heavy oil Roncador field before the end of the year.
Petrobras expects an average annual output growth of over 7% through 2012. Natural gas production in Brazil edged up 0.7 percent in October from September to 42.6 million cubic meters per day.
The company's international oil output fell 3.4% to 124,175 bpd due to lower production in Venezuela and Argentina. Natural gas production abroad fell 3% to 18.6 million cubic meters per day. Overseas Petrobras produces crude and natural gas in Argentina, Angola, Bolivia, Colombia, Ecuador, Peru, United States and Venezuela
Brazil's government and the state-run oil company Petrobras announced two weeks ago that exploration of its Tupi offshore field showed it had enough to increase national oil reserves by 50%. A new discovery nearby still being explored also appeared to contain enough petroleum to propel Brazil among the top 10 oil producers in the world, they said.
"This discovery... proves that God is Brazilian" said Lula da Silva during a speech at his presidential palace in Brasília. His theological assertion is not original: Brazilians have long claimed that God shares their nationality on the basis of the natural resources at their disposal.
The British magazine The Economist also already made reference to that saying in its take on the oil find in an article last week titled "God may indeed be Brazilian after all."
Mercopress
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The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area. 
The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy. 
On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil. 
Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms. 
One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis. 
On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking. 
Depletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse. 
Geisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose. 
The push of vigilante groups in Rio de Janeiro's favelas (shantytowns) in the last three years is the most important and alarming information of the just-released study by the Rio de Janeiro University's Violence Research Center (Nupev-Uerj). 
A dispute over drug trafficking territory in Rio de Janeiro has intensified lately, leaving in its wake unprecedented acts of violence, such as the downing of a police helicopter in the northern zone of the city on October 17. Three policemen died and another two were injured. This event has drawn the attention of the international media, who are raising the issue of public security for the 2016 Olympics to be held in Rio.
Do simple maths : even the rosy exstimate of 8 billion at US$ 100.- equals 800 billion divided by close to 200 millions citizens equals 4000.- divided by a minimum of 10 years (life of the well) the end results will be around US$ 300.- per year/per capita or US$ 25.- per month.
And the further you extend the life of the production, the smallest the per month or year results will be !
I have been nice in my maths because this will be the revenues before the extraction costs and not the profits.
Huge extraction costs since you have to drill first thousands of meter below the ocean level and even more thousands of meters below the ocean floor ! Possible task but "only" very expensive !
Finally comparing the discovery to Norway as we read in the newspapers is correct, except that in Norway the population is 4,7 millions, Brazil around 190 millions.
You see that sharing a cake between a group of 4,7 millions or the same size cake between a group of 190 millions, makes the slices very very thin to the country having a population of 190 millions.
If I am not too uneducated, the ratio is 40 times larger for the smaller nation !!!!!
Is god Norwegian, Kuwaiti or Saudi, I dont know, but certainly not Brazilian !