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Posts related to ‘Petrobras’

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Petrobras Kills Order for Five Drill Ships

Posted: November 30, 2012 at 9:53 am

Brazil’s state-controlled oil giant Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, announced today that it was cancelling an order for five new drill ships that had been placed with Ocean ...
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Petrobras Shares Rise Following Diesel Fuel Price Hike

Posted: July 13, 2012 at 11:30 am

Shares of Petroleo Brasileiros SA (NYSE: PBR), known as Petrobras, are up more than 5% this morning following a wholesale price hike on diesel fuel in Brazil. The state-controlled company ...
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Price Hike Too Weak For Petrobras, Shareholder Loss Still Exceeds BP Losses

Posted: June 25, 2012 at 9:02 am

Petroleo Brasileiro SA (NYSE: PBR), or Petrobras, may be raising its prices for fuel but the feeling is that the move might just not be enough to move the needle.  ...
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Finally Some Good Developments For Petrobras (PBR, BP, XOM, CVX)

Posted: June 19, 2012 at 11:36 am

Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, has been one painful oil stock for investors.  In some cases, the ride has been even worse than the wealth destruction brought on ...
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Petrobras Rising on Exports

Posted: May 16, 2012 at 11:46 am

Brazil’s state-controlled energy giant Petroleo Brazileiro SA (NYSE: PBR), better known as Petrobras, had its best quarter in nearly two years in the first quarter of 2012. The company’s improved ...
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Brazilian Crude Reserves Could Double to 30 Billion Barrels (PBR)

Posted: March 21, 2012 at 12:28 pm

The newly installed head of Brazil’s national petroleum regulatory agency (ANP) has said that the country’s probable reserves could double from 15 billion to 30 billion barrels in the near ...
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Petrobras Shares Volatile on $225 Billion Development Plan (PBR)

Posted: February 10, 2012 at 12:14 pm

The world’s fifth largest oil company, Petroleo Brasileiro SA, or Petrobras, (NYSE: PBR) has its up days and its down days. Today is one of those downers. The Brazilian oil ...
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Time For Brazil: Two Takes, Two Solid Bets & Alternatives (PBR, EWZ, BZF, BRF)

Posted: September 25, 2010 at 8:01 am

Looks like it is time for Brazil to shine again.  Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, managed to get off the world's largest stock sale.  This appears to be ...
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