kansascity.com (Free subscription) | 29/12/2008
MEXICO CITY
Latin American stocks rose slightly Monday as prices for oil and other locally produced commodities climbed.
Brazil's benchmark Ibovespa index rose 0.5 percent to 37,060. Shares for state-run oil company Petroleo Brasileiro SA gained 2.4 percent to 22.52 reals amid a jump in world crude prices. Brazil's currency gained slightly to trade at 2.4 reals to the U.S. dollar.
In...
EuroInvestor.co.uk (Free subscription) | 29/12/2008
BCH is a Canadian oilfield services company engaged in contract drilling operations exclusively in Brazil. BCH operates seven drilling rigs and one workover rig, and is currently one of the largest inland drilling contractors in Brazil. All of BCH’s fleet of drilling rigs are currently under term contracts with Petroleo Brasileiro S.A. (Petrobras). In addition to these rigs, Allis-Chalmers’...
Business Wire (Free subscription) | 29/12/2008
... contractors in Brazil. All of BCH’s fleet of drilling rigs are currently under term contracts with Petroleo Brasileiro S.A. (Petrobras). In addition to these rigs, Allis-Chalmers’ subsidiary in Argentina, DLS Drilling, Logistics and Services Corporation, is currently fabricating and upgrading a 3000 hp rig, which it anticipates will be marketed in Brazil through BCH. Micki Hidayatallah,...
DeepMarket Stock Market Blog (Free subscription) | 25/12/2008
Seasonal Patterns found for the following stocks: Pfizer Inc ( PFE ) over the next 0 trading days. Look at the seasonal patterns for Pfizer Inc in context. Pepsico Inc ( PEP ) over the next 0 trading days. Look at the seasonal patterns for Pepsico Inc in context. Procter & Gamble Co ( PG ) over the next 9 trading days. Look at the seasonal patterns for Procter & Gamble Co in context. Petroleo Brasileiro...
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...
Oil Is Mastery (Free subscription) | 20/12/2008
Bloomberg: Petrobras Oil Hunter Fights to Keep Finds for Brazil . Dec. 19 (Bloomberg) -- 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...
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...
Royal Dutch Shell plc .com (Free subscription) | 18/12/2008
Dec. 18 (Bloomberg) -- Petroleo Brasileiro SA, Royal Dutch Shell Plc and Galp Energia SGPS SA were among the biggest winners at Brazil’s 10th-annual oil-rights auction today.
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...
Nikkei (Free subscription) | 12/12/2008
Petrobras To Receive Y75bn Syndicated Loan From 3 Japan BanksSAO PAULO (Nikkei)--Petroleo Brasileiro SA, or Petrobras, said Friday that it has secured an agreement with Sumitomo Mitsui Banking Corp., Mizuho Bank, and Bank of Tokyo-Mitsubishi UFJ to receive a syndicated loan totaling 75 billion yen.
The Street (Free subscription) | 08/12/2008
... Brazil also is ready to tap its foreign reserves to offer a credit line for exploration by Petroleo Brasileiro SA if needed, he added. Lobao's ministry confirmed the comments, but a spokesman did so only on condition of anonymity in keeping with department policy. « Previous Page
kansascity.com (Free subscription) | 08/12/2008
... also is ready to tap its foreign reserves to offer a credit line for exploration by Petroleo Brasileiro SA if needed, he added. Lobao's ministry confirmed the comments, but a spokesman did so only on condition of anonymity in keeping with department policy.
Lobao spoke as many Brazilian companies are being cut off from international credit, which has tightened in the global financial...
kansascity.com (Free subscription) | 08/12/2008
BRASILIA, Brazil Brazil's top energy official says China wants to provide $10 billion to help develop massive new oil fields in deep water off the coast of Rio de Janeiro.
Mines and Energy Minister Edison Lobao told the Folha de S. Paulo newspaper China will offer the financing to Brazil's state oil company, Petroleo Brasileiro SA.
Lobao says the United Arab Emirates also has offered...
Miami Herald (Free subscription) | 08/12/2008
... details.Brazil also is ready to tap its foreign reserves to offer a credit line for exploration by Petroleo Brasileiro SA if needed, he added. Lobao's ministry confirmed the comments, but a spokesman did so only on condition of anonymity in keeping with department policy.Lobao spoke as many Brazilian companies are being cut off from international credit, which has tightened in the global...
Seattle Times (Free subscription) | 08/12/2008
BRASILIA, Brazil — Brazil's top energy official says China wants to provide $10 billion to help develop massive new oil fields in deep water off the coast of Rio de Janeiro.Mines and Energy Minister Edison Lobao told the Folha de S. Paulo newspaper China will offer the financing to Brazil's state oil company, Petroleo Brasileiro SA.Lobao says the United Arab Emirates also has offered to develop...
