Brazil interested in Russian oil, gas, nuclear expertise

LOS ANGELES, July 21 -- Brazil’s Deputy Foreign Minister Samuel Pinheiro Guimaraes, on a visit to Moscow, said his country is interested in using Russian technology to develop oil and gas fields as well as nuclear power.
“We’re interested in Russia’s technologies of oil and gas output at sea platforms and their transportation,” said Guimares, who added that Brazil could share its deepwater oil production technology in exchange for Russian technology.
“The fields have been discovered at a depth of 7 km and some 200 km off the coast, so we'll have to convert the gas into a liquid with Russian technology on offshore platforms,” Guimaraes said.
Guimares also discussed the potentials for cooperation between the two countries regarding nuclear technology, saying that “Brazil ranks fifth in the world for uranium stocks” while “Russia has big experience on nuclear technologies.”
“We’re planning to build eight new nuclear power electric power plants,” Guimares said, adding, “We praise Russia’s participation in carrying out this program.”
He said, “Brazil is planning to carry out an infrastructure program within the next 6 months that amounts to $150 billion. The program includes the construction of new electric power plants, ports and railways. In each field Russia has indisputable experience that we seek to use.”
Contact Eric Watkins at hippalus@yahoo.com.

Guide to Oil and Gas Key Terms

Learn more about the oil and gas industry

The oil and gas industry is vital to the United States. Every year, large quantities of domestic and foreign oil are consumed for a number of applications. Similarly, the natural gas industry is booming: More pipelines are being built, and more ways to use natural gas are being developed. New technologies in this industry can help reduce the dependency on foreign oil and make drilling practices better for the environment.

Action Steps
The best contacts and resources to help you get it done

Oil exploration

Oil exploration is the way that oil companies find land rich in petroleum. This process uses geologists to find hydrocarbon deposits beneath the crust of the earth.

I recommend: The Society of Exploration Geophysicists offers a step-by-step guide on how oil was found in the past and the technologies being used today.

Refinement

Refinement in the oil industry is the process of taking crude oil product from the earth and using a distilling process to turn the oil into a usable product.

I recommend: The Encyclopedia of the Earth offers a detailed entry on the process of petroleum refinement.

Onshore oil

Onshore oil exploration is the practice of finding oil deposits in the earth on the land above sea level.

I recommend: John Perez offers land schematics for onshore oil and gas drilling that points out specific geological features to find or be aware of when drilling.

Offshore oil

Offshore oil is the process of drilling for oil and natural gas in land that is below sea level. The Gulf of Mexico is an example of an oil-rich area located offshore.

I recommend: Santa Clara University offers information on the basics of the offshore drilling process.

Oil and gas lawyer

An oil and gas lawyer is an important legal representative for those who own land where oil and natural gas deposits are found. The lawyer helps to make sure the landowner is paid for the oil collected from the land.

Gas processing

Gas processing varies depending on the location of the source but is a process of turning the raw product into natural gas products for consumers.

I recommend: Penn Energy offers research reports and data on gas processing.

Oil & Gas Financing

Guide to Oil and Gas Basics

Learn about oil and gas basics for a strong foundation in the industry

Before jumping into the oil and gas business, make sure that you have the latest in oil and gas information and are well aware of the in's and out's of the oil and gas industry. Oil and gas investments are large money propositions, and whether you choose to get your hands dirty with the operational day-to-day, or you choose to simply be a silent backer in a petroleum company, the dollar investment is high, the work is hard and the risk is large.

The oil and gas industry is impacted by factors out of human control. Weather can play a factor in the safe transport of oil and gas company assets. Oil and gas are also both very flammable, making them hazardous and dangerous to transport. Other factors that impact oil companies include outside human factors such as supply and demand, piracy and international market fluctuations.

To find out more about oil and gas basics:

1. Look at leading oil and gas information sites for topics such as oil and gas financing and more.

2. Read the latest oil and gas information from online industry publications.

3. See what Uncle Sam has to offer as far as oil and gas information.

Action Steps
The best contacts and resources to help you get it done

Check out oil and gas industry information sites

Take advantage of oil and gas to find out basic industry information or to delve deeper into industry trends, news and information.

I recommend: Use Oil and Gas International as your information source for global industry news, exploration and drilling information, development and licensing information, geosciences and environmental information as well as global prices, stats and analysis. Oil and Gas Investor looks at investing in the industry, who the key players are, what activities are going on in the field, market trends as well as growth for the petroleum industry.

Read oil and gas publications

Stay up-to-date on oil and gas information through online field publications.

I recommend: Check out the latest headlines, supplier news, events calendar as well as the download library, technical forum and newsletter archive from Oil and Gas Online. Take a look at the American Oil & Gas Reporter, a best practices publication published by the exploration, drilling and production industry.

Find government oil and gas resources

The U.S. government has a wide variety of online resources available pertaining to oil and gas information. From both a federal and a state level, find the information on oil and gas that you need.

I recommend: Take advantage of the oil and gas information from the Energy Resources Program. Visit the Oil & Gas Conservation Commission for your state. There you can generally find educational as well as rule and policy information pertaining to your particular state.

Tips & Tactics

Helpful advice for making the most of this Guide

• • Consider investing in a hard copy subscription of a publication for your oil and gas business. Not only will you get to enjoy the reading material, but your staff and your guests will as well.

Guide to Oil and Gas News and Trends

Stay knowledgeable on the latest oil and gas news and trends

Staying abreast of and knowing where to find information on the oil and gas industries can be an asset to your business and its interests. From business dinner conversations, to the board room, to the stock market to internally within your own company, keeping up with the latest information affecting your field can help you appear more knowledgeable and can help you to stay on top of making wise business decisions.

Oil and gas industry information in terms of news and trends can be found from a variety of online sources. From portals to publications, there is a wealth of free, up-to-date information available on a daily basis.

To make the most of oil and gas news and trends:

1. Scan the oil and gas newswires regularly.

2. Read oil and gas industry publications.

3. Use oil and gas information portals.

Action Steps
The best contacts and resources to help you get it done

Read the oil and gas financing newswires and info sites

Take advantage of leading information sites' subtopic pages on the oil and gas industry. Learn the latest news and a wealth of information on the field.

I recommend: Platts is a leading news source for the energy industry. Check Bloomberg for news and information on oil and gas prices and commodity trading. Yahoo! News and Topix gather the latest oil and gas industry news from many sources.

Keep up with the latest oil and gas industry news and information

Read up on the most up to date oil and gas information, news and trends in the online version, or make the decision to invest in hard copies to be mailed to your home or office.

I recommend: Oil & Gas Journal Online gives you the most up-to-date information on international oil and gas news. It looks at analysis of issues and events. It addresses practical technology for your design, operation and maintenance of your plants, and it also offers statistical information on international oil & gas markets and activity. Offshore Magazine Online covers the key issues and trends in the offshore technology, oil and gas industries.

Use oil and gas portals and press release sites

Take advantage of oil and gas portals and those who accept press releases from oil companies to learn more about the latest industry info.

I recommend: Use Rigzone.com as a portal to the latest oil and gas businesses' information. Read the latest information of share your news with Your Oil & Gas News.

Tips & Tactics

Helpful advice for making the most of this Guide

• • Using oil and gas online publications are great for those who spend a lot of free time in front of the computer, but taking advantage of hard copy subscriptions may be worth the cost to those who can only find fleeting time to read up on information (e.g. in transit on a plane) when they don't have a computer in front of them.