Petrobras signs 12-ship charter deal
lloydslist.com (Free subscription) | 12/07/2009
State energy group move gives boost to Brazilian yards and owners.
Petrobras
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George Soros, Brazil, Petrobras and Copenhagen
The Lonely Conservative (Free subscription) | 12/09/2009
... had alarmed Brazilian officials — came a major discovery: the offshore Campos Basin, east of Rio. “Petrobras, before Campos, produced 180,000 barrels a day,” said João Carlos de Luca, a former Petrobras executive who is president of the Brazilian Petroleum Institute, which represents foreign oil companies here. “After Campos, it was a company that searched for self-sufficiency in...
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Shell – First million barrels of oil from ultra-deep water off Brazil
Royal Dutch Shell plc .com (Free subscription) | yesterday
Shell is the operator with a 50% share with partners Petroleo Brasileiro (Petrobras) holding 35% and India’s ONGC Campos Ltda. 15%.
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Oil Discovery Makes Brazil ETF Look Attractive
The Street (Free subscription) | yesterday
EWZ has nearly a quarter of its holding in Petrobras, whose Lara field looks flush with oil.
Explore : Finance
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Brazilian oil giant to seek oil in deep waters of Uruguay
People Daily (Free subscription) | 12/09/2009
Brazil's state-owned oil and gas giant Petrobras, the largest company in the country, will look for oil in deep waters of Uruguay, a company official said Tuesday. A contract for this purpose will be signed later this week, said Jorge Zelada, director of the International Department of the company. Zelada said Petrobras' activities in South America will continue as a priority. "We...
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Thievery: Shadow Party Edition
We The Free (Free subscription) | 12/08/2009
clipped from www.powerlineblog.com The Washington Post reports: Everything about the shipyard here is colossal -- the 4,000-man workforce, the billions sunk into it in capital costs, the half-finished 10-story-high production platforms. But then, so is the challenge facing Brazil's state-controlled energy company, Petrobras: developing a group of newly discovered deep-sea oil fields Among investors...
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Brazil invest in offshore production
PrairiePundit (Free subscription) | 12/08/2009
Washington Post: Everything about the shipyard here is colossal -- the 4,000-man workforce, the billions sunk into it in capital costs, the half-finished 10-story-high production platforms. But then, so is the challenge facing Brazil's state-controlled energy company, Petrobras: developing a group of newly discovered deep-sea oil fields that energy analysts say will catapult this country into...
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Power Line - Democracy 2.0 Many years...
Tom Nelson (Free subscription) | yesterday
... bet--not on the United States, but on Brazil. If Exxon Mobil can't compete in the Caribbean with Petrobras, the value of Soros's Petrobras investment will skyrocket. That's the sort of thievery that lies behind the Democratic Party's deliberate hobbling of the American economy. More Break-Ins at the University of Victoria « Climate Audit [Welcome to our new home!] GCM (General...
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Follow the Money
Power Line (Free subscription) | 12/08/2009
... platforms. But then, so is the challenge facing Brazil's state-controlled energy company, Petrobras: developing a group of newly discovered deep-sea oil fields that energy analysts say will catapult this country into the ranks of the world's petro-powers. The oil pools are 200 miles out in the Atlantic and more than four miles down, under freezing seas, rock and a heavy cap of salt. Petrobras,...
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BG Group says test confirms Iara well estmates
Market Watch (Free subscription) | 12/09/2009
LONDON (MarketWatch) -- BG Group said Wednesday that it, and partners Petrobras and Galp, have concluded formation testing at the Iara well offshore Brazil. The tests confirmed estimated recoverable volumes of between 3 to 4 billion barrels of light oil and natural gas, BG said. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com...
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Braskem (BAK) - Brazilian Chemicals Maker
Fund my Mutual Fund (Free subscription) | yesterday
... , the 16th largest company of any sort in Brazil (by revenue) and 6th largest domestic company. Petrobras (PRB ) and Vale (VALE) - well known to American investors are #1, and #3 respectively. [click to enlarge] With all the focus in Brazil usually on commodities, we've been interested in trying to find exposure to the growth of the core economy, including domestic consumers - hence our...
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Bioenergy PROFITS Principles: Get in the Game for DOE and USDA Grants
Biofuels Digest (Free subscription) | 12/08/2009
PROFITS Principle – Position Only For Growth In the news we hear about the success stories of ethanol companies such as POET, S4, Agresti, Dupont Danisco, Mascoma, Verenium, Coskata, Verbio, ZeaChem, BlueFire Ethanol, Petrobras, to name a few of the better known producers. The reality is that many of you may have idling plants and what [...] Bioenergy PROFITS Principles: Get in the Game...
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Evo Morales still has work to do | Mike Gonzalez
The Guardian (Free subscription) | 12/07/2009
... largely controlled by external forces. It has been a major bone of contention, for example, that Petrobras the Brazilian state oil company is still taking significant profits from the Bolivian industry. In May 2006, in an extremely popular move, the oil industry was nationalised . Since then, the increasing national share of oil revenues has been the major factor in Bolivia's modest economic...
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Focus on Brazil: Only Second to the US
The CEO Game (Free subscription) | yesterday
... many Brazilian companies became giant worldwide corporations, such as the national oil company Petrobras, the mining company Vale or Embraer- one of the biggest private jets producer in the entire world. So, what’s the story behind the now so obvious Brazilian popularity and success ? Where did it all start? Coffee beans' high price helped Brazil While the whole world is suffering from a...
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Digging into the resource curse: Research into oil revenue and Brazilian municipalities
Knowledge Problem (Free subscription) | yesterday
... spending on a range of budgetary items to increase, mainly as a result of royalties paid by Petrobras. Nevertheless, survey-based measures of social transfers, public good provision, infrastructure, and household income increase less (if at all) than one might expect given the increase in reported spending. To explain why oil windfalls contribute little to local living standards, we use...