Name: Harshad Kadu

Roll No: MIM-I-119

Learnings:

Brazil has the third-largest manufacturing sector in the Americas. Accounting for 28.5
percent of GDP, Brazils industries range from automobiles, steel and petrochemicals to
computers, aircraft, and consumer durables.
Brazil has a diverse and sophisticated services industry as well.
Large iron and manganese reserves are important sources of industrial raw materials
and export earnings. Deposits of nickel, tin, chromite, uranium, bauxite, beryllium,
copper, lead, tungsten, zinc, gold, and other minerals are exploited. High-quality cokinggrade coal required in the steel industry is in short supply.

Challenges and Opportunities:

Several challenges confronting the oil and gas industry including fall in prices,
changing market conditions, oil and gas sector risk and shift in competitive
landscape.
International Energy Agency (IEA) released its monthly oil market report showing
that it expects Brazil to increase oil output only modestly in 2016 compare to the
year before but the prices remain low for an expected period.
Low price will add pressure to Brazils economy because higher price are needed
to stimulate investment in the countrys deep-water offshore oil fields that will
contribute to economic growth.
Today the government is cutting spending, reducing subsidies and increasing
taxes to in a bid to improve its fiscal position.
Petro bras financial crisis and corruption scandal impact on the Growth of total oil
and natural gas production.
To overcome from these issues company need to change the CEO and
executives, So that oil and gas production can be maximize.
By exploiting its vast natural resources and huge labor and by taking advantage
of well-developed agricultural, mining, manufacturing, and service sectors, Brazil
has become Latin Americas leading economic power.
To help seize new opportunities, oil and gas professionals provide guidance on
key industry issue.