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Petroleo Brasileiro



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Petrobras takes big loan; gov't says no problem

Brazil's state-run oil company Petrobras took out a loan worth $860 million from a state bank last month, officials have revealed. The loan was given by the Caixa Economica Federal to Petroleo Brasileiro SA at the height of the global financial turmoil that...

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What is with Petroleo Brasileiro and Repsol?

Brazilian state-run energy giant Petroleo Brasileiro (PBR) denied published reports Wednesday that it was poised to take a stake in Spanish oil company Repsol YPF SA (REP). Earlier Wednesday, local newspaper Gazeta Mercantil reported that Petrobras was among the possible suitors for a 30% stake in Repsol currently held by several Spanish companies. “The company does not [...]

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NREL and Petrobras to Collaborate on Advanced Biofuels Research

The US Department of Energy’s National Renewable Energy Laboratory (NREL) and Petróleo Brasileiro S.A. (Petrobras) have signed an agreement that could accelerate the development and international commercialization of advanced, second-generation biofuels. The announcement was made at the International Biofuels Conference...

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Shell, Aramco, Petrobras Speed Project Spending Cuts

Nov. 19 (Bloomberg) -- The biggest oil companies including Saudi Aramco,Royal Dutch Shell Plc and Petroleo Brasileiro SA are accelerating spending cuts and delaying projects as the world enters a recession, said Morgan Stanley & Co.

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Zacks Analyst Blog Highlights: Petroleo Brasileiro SA, Charlotte Russe Holding, Allion Healthcare Inc., Gafisa SA and Shaw Communications Inc.

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

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Latin American Markets: Petrobras shares slide; regional benchmarks pull back

Brazil’s equity benchmark drops 7%, leading sharp losses in Latin American markets as Brazilian oil giant Petroleo Brasileiro SA shares tumble and as a sell-off accelerates on Wall Street.

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Wall Street News Alert: Wall Street News Alert: Breaking Investors Alert for Tuesday: CLTH! November 11, 2008

WESTON, FL (MARKET WIRE) Wall Street News Alert's "stocks to watch" this morning are: CleanTech Biofuels, Inc. (OTCBB: CLTH), Microsoft Corp. (NASDAQ: MSFT), Petroleo Brasileiro SA (NYSE: PBR) and Alcoa (NYSE: AA).

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Petrobras Goes From First to Worst Among 10 Biggest Oil Stocks

By Joe Carroll Nov. 10 (Bloomberg) — Petroleo Brasileiro SA, the investor darling among the world’s largest oil companies in the first half of the year, has become the biggest loser. Petrobras, as Brazil’s state-controlled oil producer is known, is the worst performer among the top 10 publicly traded oil companies since May. The stock dropped 53 [...]

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Cuba, Petrobras to explore offshore

Herald News Services Published: Saturday, November 01, 2008 Brazil’s Petroleo Brasileiro SA and Cuba’s state-run petroleum company have signed an agreement to explore for oil off the Communist island’s coastline about 160 kilometres from Key West, Fla. Brazilian President Luiz Inacio Lula da Silva signed the agreement with his Cuban counterpart, Raul Castro, at a ceremony Friday in Havana. [...]

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Brazil inks deal to hunt for, produce oil in Cuba

By ANNE-MARIE GARCIA HAVANA (AP) — Brazil’s state-run oil company signed an agreement Friday to explore for oil in deep Caribbean waters north of Cuba that officials in Havana say could contain 20 billion barrels of crude. Under the deal, Brazil’s Petroleo Brasileiro SA would spend seven years on exploration and — if the reserves are confirmed [...]

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Brazil inks deal to hunt for, produce oil in Cuba

Brazil's state-run oil company signed an agreement Friday to explore for oil in deep Caribbean waters north of Cuba that officials in Havana say could contain 20 billion barrels of crude. Under the deal, Brazil's Petroleo Brasileiro SA would spend seven years...

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Petrobras, Cuba to Explore for Oil Close to Florida

Bloomberg By Joshua Goodman and Jeb Blount Oct. 31 (Bloomberg) -- Brazil's Petroleo Brasileiro SA and Cuba's state-run petroleum company have signed an agreement to explore for oil off the communist island's coastline about 100 miles from Key West, Florida. Brazilian President Luiz Inacio Lula da Silva signed the agreement with his Cuban counterpart, Raul Castro, at a ceremony today in Havana. Petrobras...

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Petrobras Gets Analyst Greenlight After 70% Drop (PBR)

The ADR's of Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, have gotten a boost today. This is not just in conjunction with the rally seen in other oil... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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