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Petroleo Brasileiro Petrobras News

News on Petroleo Brasileiro Petrobras continually updated from thousands of sources around the net.

15 hrs ago | Bloomberg

Brazil Stocks Gain, Led by Gol, Sadia, as Oil and Corn Slide; Bolsa Rises

Most Brazilian stocks gained as declines in the price of corn and oil improved the profit outlook for airlines and foodmakers.

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Related Topix: New York, Oil & Gas, Financial Markets, Livestock, Sadia SA

Tue Jul 22, 2008

Bloomberg

Brazil Stocks Fall as Oil Declines, Led by Petrobras, Gerdau; Bolsa Slips

Brazilian stocks dropped, led by Petroleo Brasileiro SA and steelmaker Gerdau SA, as oil prices fell to a six-week low and Banco Santander SA said demand growth for the metal will slow in the second half of the ...

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Related Topix: Oil & Gas, South America, Brazil, World News,

Sun Jul 20, 2008

MarketWatch

Latin American Markets: Brazil closes up 1%; Mexico logs fourth consecutive decline

Brazilian stocks closed higher Monday, led by Companhia de Bebidas das Americas after its parent firm reached a deal to buy iconic U.S. brewer Anheuser-Busch Cos., and Mexican stocks lost ground as Wall Street ...

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Related Topix: Oil & Gas, Financial Markets

Fri Jul 18, 2008

TradingMarkets.com

PowerRatings Chartology: 3 Top Pullbacks for Traders

Here are today's top stocks. Click here. Two days of strong gains in the markets have created a somewhat overbought condition in stocks, to which the markets are responding with selling in the first few hours ...

Comment?

Related Topix: Financial Markets, Oil & Gas

Kazinform

Petrobras lets refineries engineering, automation

LOS ANGELES. July 18. KAZINFORM. Zurich engineering firm ABB signed a $61-million frame agreement with Petroleo Brasileiro SA to supply process automation systems and related services to eight oil refineries in ...

Comment?

Related Topix: Oil & Gas

Thu Jul 17, 2008

Houston Business Journal

Transocean awarded $3B in Petrobras contracts

Transocean Inc. has been awarded four contracts by Brazilian state oil company Petroleo Brasileiro SA together worth about $3 billion.

Comment?

Related Topix: Transocean, Oil & Gas

Bloomberg

Buy Brazil Consumer Stocks, Reduce Commodities Producers, JPMorgan Says

Investors should buy Brazilian stocks that benefit from the country's economic growth and reduce their holdings in commodity producers such as Petroleo Brasileiro SA , according to JPMorgan Chase & Co.

Comment?

Related Topix: South America, World News, Brazil, Oil & Gas

Wed Jul 16, 2008

Bloomberg

Petrobras Union Workers Call 48-Hour Nationwide Strike to Begin Tomorrow

Unionized employees of Petroleo Brasileiro SA , Brazil's state-controlled oil company, called a 48-hour work stoppage in support of striking colleagues in the Campos Basin.

Comment?

Related Topix: Oil & Gas

The Irish Times

Oil near $145 on Brazil firm's strike

Crude oil traded near $145 a barrel in New York last night as production in Brazil was disrupted after a strike by employees of state oil company Petroleo Brasileiro SA.

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Related Topix: Oil & Gas

Tue Jul 15, 2008

Bloomberg

Petrobras Has Fuel to Supply Brazil During Strike, Agencia Brasil Reports

Petroleo Brasileiro SA , Brazil's state-controlled oil company, has sufficient fuel stocks to supply the Brazilian market, Agencia Brasil reported, citing Paulo Roberto Costa , director of supply and refining ...

Comment?

Related Topix: Oil & Gas

Mon Jul 14, 2008

Penticton Herald

Strike by Brazil oil workers cuts production by state-run Petrobras

A strike by workers at Petrobas offshore rigs cut oil production by Brazil's state-run company on Monday, fuelling concerns of further oil price increases on international markets.

Comment?

Related Topix: Oil & Gas, South America, World News, Brazil

The Standard

Petrobras workers strike as production cut expected

Brazil's Oil Workers Confederation began a five-day strike against Petroleo Brasileiro, an action that may cut the country's daily crude production by more than 50 percent.

Comment?

Related Topix: Oil & Gas

Sun Jul 13, 2008

Market Watch

Oil workers at Brazil's Petrobras plan strike: report

The union representing workers at Brazilian state-run oil giant Petroleo Brasileiro , or Petrobras, platforms in the Campos Basin planned a five-day strike to shut down oil production, Dow Jones Newswires ...

Comment?

Related Topix: Oil & Gas, South America, Brazil, World News,

Fri Jul 11, 2008

Motley Fool

Beyond the BRIC

Despite the recent tumble in foreign markets around the world, emerging markets have been on a tear over the past several years.

Comment?

Related Topix: Oil & Gas

Bloomberg

Brazilian Stocks Gain on Rising Commodity Prices; Mexico's Bolsa Retreats

Brazilian stocks gained for a third day, led by commodity producers , as surging metal and oil prices boosted their earnings outlook.

Comment?

Related Topix: Financial Markets, Oil & Gas, Travel, Mexico Travel, South America, World News, Brazil

Bloomberg

Crude Oil Rises a Third Day on Concern About Brazilian, Nigerian Supplies

Crude oil rose for a third day, building on its largest one-day gain for more than a month yesterday, after Brazilian oil workers threatened to strike and on concern Middle East and Nigerian supplies may be ...

Comment?

Related Topix: Oil & Gas

Thu Jul 10, 2008

Bloomberg

Buy Petrobras Preferred Stock, Sell Common Becoming Brazil's Easiest Trade

The best trade in Brazil may be buying preferred shares of Petroleo Brasileiro SA, the nation's biggest company, and betting its common stock will fall after international investors pushed up prices 19 percent ...

1 comment

Related Topix: Oil & Gas, World News, Brazil

Tue Jul 08, 2008

MarketWatch

Latin American Markets: Brazil flirts with bear-market close; Mexico ends higher

Major Latin American markets closed higher Tuesday, with Brazilian stocks narrowly escaping official entry into a bear market.

Comment?

Related Topix: Oil & Gas

Mon Jul 07, 2008

Kyodo News

Mitsui, Petrobras to manufacture bioethanol at Brazilian venture

Mitsui & Co. said Thursday it, Petroleo Brasileiro S.A., or Petrobras, and another Brazilian entity have agreed to produce bioethanol from sugarcane at a Brazilian joint venture in Itaruma, Goias.

Comment?

Related Topix: Energy, Oil & Gas

Sat Jul 05, 2008

Bloomberg

Petrobras Considers SBM Offshore Rig for Brazil LNG Contracts, Chief Says

Petroleo Brasileiro SA , Brazil's state oil company, is considering SBM Offshore NV to supply one or more floating liquefied natural gas facilities to help develop the Western Hemisphere's biggest oil find in ...

Comment?

Related Topix: Oil & Gas, South America, World News, Brazil,

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