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EmailWire.Com (Free subscription) | yesterday
(EMAILWIRE.COM, January 08, 2009 ) DALLAS, Texas Beacon Equity Research announces the release of Trade Alerts covering Market Movers: Indevus Pharmaceuticals Inc. (Nasdaq: IDEV), Electronic Arts Inc. (Nasdaq: ERTS), Micron Technology (NYSE: MU), Petroleo Brasileiro (NYSE: PBR), Ciena Corp. (Nasdaq:...
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Market Watch (Free subscription) | 02/01/2009
Brazilian stocks rally Friday in the first trading session of 2009, with market heavyweights Petroleo Brasileiro and Vale leading the gains and other Latin American markets also moving higher.
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China Confidential (Free subscription) | 20/12/2008
Foreign Confidential.... Bloomberg's Jeb Blount reports from Rio de Janeiro: Guilherme Estrella found an undersea lake of oil that may transform Brazil’s economy forever. Now, the exploration chief for Petroleo Brasileiro SA is at the center of a debate over who will profit from it. At stake is how much of Brazil’s newfound riches will be controlled by the state and how much will end up in the pockets...
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Market Watch (Free subscription) | 19/12/2008
LOS ANGELES (MarketWatch) -- Brazilian oil giant Petroleo Brasileiro SA said Friday that its board was unable to complete its assessment of the company's 2009-2013 business plan "due to markets' uncertainties and volatility." The board agreed to resume the review in January. The plan may approved, depending upon final evaluations, said Petrobras. The company also said that evaluations indicate the...
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Globe and Mail (Free subscription) | 18/12/2008
Brazilian union workers and members of landless workers groups occupied the lobby of state-controlled Petroleo Brasileiro SA's headquarters in Rio de Janeiro to protest an auction of oil exploration rights. The protest was called ahead of today's planned sale of the rights by Brazil's petroleum regulator, the ANP, in Rio de Janeiro. The protest was one of several co-ordinated by Brazil's oil workers...
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San Fransisco Chronicle (Free subscription) | 27/11/2008
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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CEOWORLD Magazine (Free subscription) | 26/11/2008
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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Green Car Congress (Free subscription) | 21/11/2008
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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Business Wire (Free subscription) | 17/11/2008
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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oil and energy news (Free subscription) | 10/11/2008
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 [...]