BloggingStocks (Free subscription) | 14 hours ago
Filed under: Stocks to Buy , Petroleo Brasileiro (PBR) It goes without saying that the investment strategy advocated here favors integrated oil companies, particularly those with a regional or product advantage. And with the aforementioned in mind, I'm reiterating my buy rating for Petroleo Brasileiro SA ( PBR ), also known as Petrobras, first recommended on April 22, 2009 , at a price of $32.99....
People Daily (Free subscription) | 11/05/2009
Petrobras, a Brazilian multinational energy company, signed a 10-year contract on Tuesday for a 10-billion-dollar financing from the China Development Bank Corporation, the company source confirmed Wednesday. The fund would be used to finance the Petrobras Business Plan 2009-2013 and would be made available to the company in several stages, according to Petrobras. The company said...
Law Blog - WSJ.com (Free subscription) | yesterday
... just fall off a cliff in terms of size." Indeed, at the end of 2007, according to data from MSCI, Petrobras and Vale together constituted 50.3% of the index -- a much greater share than today. And the two companies traded at much higher multiples of their earnings and assets in 2007 than they do now.
Too Much Racing (Free subscription) | 11/05/2009
Formula 1 Grande Premio Petrobras do Brasil 2009 Date: 18 October 2009 Circuit: Autodromo Jose Carlos Pace Location: Interlagos, São Paulo, Brazil ( PitlaneFanatic ) ( AerialF1 ) Distance: 71 laps Tyre choices ( red ): SS / S / M / H Coverage: BBC One with BBC Radio 5 Live audio Anchor: Jake Humphrey Analysts: David Coulthard (DC) and Eddie Jordan (EJ) Interviewers: Ted Kravitz and Lee...
Fool.com (Free subscription) | 11/05/2009
Revenue efficiency -- which compares Transocean's revenue to the maximum that could have been earned under contracts with clients such as Chevron and Petrobras -- hit 95% in the period, the highest since the second quarter of last year. Operating rig costs, the expense component that deals directly with drilling activity, dropped to their lowest level in a year, but that's to be expected when...
Houston Chronicle (Free subscription) | 11/03/2009
Share A fiercely independent woman who has remained in her own home, Ruby Thomas turned 106 recently and was the guest of honor at a special birthday celebration.Joining her in her Alabama Street home on Oct. 24 were city and state leaders including city councilwoman Jolanda Jones as well as representatives of the United Way, Petrobras America Inc., staff from the Senior Companion Program, and...
Maritime News (Free subscription) | 11/05/2009
... month. The rig continues to operate under the Nippon led consortium contract in Libya working for Petrobras. As earlier announced the rig will go directly to Malta for upgrade works after this third well, the latter which is anticipated to be completed mid November 2009. After the upgrade works the rig will sail to Equatorial Guinea for onwards contract with CNOOC there. ? Songa Dee has...
Biofuels Digest (Free subscription) | 11/04/2009
... ranked #116 in the Fortune ‘Global 500′, and is the 18th largest petroleum company in the world. Petrobras, the Brazilian state oil company, has announced extensive investments in ethanol and cellulosic ethanol development, but to date the tie-ups between algal fuel developers and oil companies had involved only private enterprise. Florida Governor (and 2010 Senate candidate) Charlie Crist...
Maritime News (Free subscription) | 11/03/2009
... what you want Loading Mexico rushed to get oil from Brazil Mexican oil monopoly Pemex and Brazil’s Petrobras are about to form an alliance to help boost Mexico’s flagging output. Mexican President Felipe Calderon has already held talks with the Brazilian president and business executives over a deal with Petrobras, which has a high production rate. Mexico’s Pemex has recently struggled...
Market Wire (Free subscription) | 11/03/2009
On the western side of the Atlantic, recent gas finds may cause explorers to reexamine the potential of formerly explored areas after as much as 8 tcf of gas was discovered offshore Venezuela in Deltana Platform (Perla discovery). And, as Petrobras devises its strategy for monetizing associated gas produced from the Santos and Campos presalt oilfields, possible gas reserves there are rising...
Maritime News (Free subscription) | 11/02/2009
... what you want Loading Mexico rushed to get oil from Brazil Mexican oil monopoly Pemex and Brazil?s Petrobras are about to form an alliance to help boost Mexico?s flagging output. Mexican President Felipe Calderon has already held talks with the Brazilian president and business executives over a deal with Petrobras, which has a high production rate. Mexico?s Pemex has recently struggled...
trucks world news (Free subscription) | 10/31/2009
Caracas,Venezuela - DPA/Earth Times -31 Oct 2009: -- Venezuela and Brazil have agreed to build and operate a joint oil refinery in the Brazilian state of Pernambuco following years of negotiations... The state-owned Brazilian oil company Petrobras will own 60 per cent and its Venezuelan counterpart Petroleos de Venezuela 40 per cent, according to the deal signed on Friday. .. The total cost...
The Earth Times Online Newspaper (Free subscription) | 11/02/2009
... state of Pernambuco following years of negotiations. The state-owned Brazilian oil company Petrobras will own 60 per cent and its Venezuelan counter...DAX5,414.96 (- 172.49) MDAX 6,732.07 (- 160.20) Adidas0.5031.50 (-1.26) Allianz 3.5078.04 (-3.61) BASF1.9536.50 (-0.92) Bayer 1.4047.23 (-1.05) Beiersdorf0.9041.90 (-0.04) BMW 0.3033.30 (-0.63) Commerzbank -.-- 7.10 (-0.27) Daimler 0.6033.08...
Sify (Free subscription) | 10/31/2009
... expressed their concern over the delay in the negotiations and ordered Brazilian energy company Petrobras and Venezuela's Petroleos de Venezuela SA (PDVSA) to expedite the talks. The project had been facing delays since its inception in 2005. Lula said the $12 billion facility will start operations in 2011 as per schedule and will have the capacity to process 230,000 barrels of crude per...
