Petroleo Brasileiro Petrobras Newswire

Petroleo Brasileiro Petrobras Newswire

Comprehensive Real-Time News Feed for Petroleo Brasileiro Petrobras.

Results 1 - 20 of 868 in Petroleo Brasileiro Petrobras

  1. Oil M&A Is Back as Industry Shifts From Survival to GrowthRead the original story

    1 hr ago | The Washington Post

    More than $11 billion of transactions were announced globally in July as crude's recovery fueled hopes of a steadier market, Wood Mackenzie Ltd. said. That's the highest monthly total this year and brings the amount since May to $32 billion, triple that of the previous three months.

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  2. UPDATE 1-Iran sets terms for cooperating with OPEC to stabilise oil marketRead the original story w/Photo

    3 hrs ago | Reuters

    Aug 26 Iran will help other oil producers stabilise the world market so long as fellow OPEC members recognise its right to regain lost market share, the country' oil minister said on Friday in remarks made ahead of next month's meeting of the oil exporters group. Iran, OPEC's third-largest producer, boosted output after Western sanctions were lifted in January, and had to refused to join OPEC and some non-members in an accord earlier this year to freeze production levels.

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  3. Oil M&A Is Back as Industry Focus Shifts From Survival to GrowthRead the original story

    4 hrs ago | The Washington Post

    More than $11 billion of transactions were announced globally in July as crude's recovery fueled hopes of a steadier market, Wood Mackenzie Ltd. said. That's the highest monthly total this year and brings the amount since May to $32 billion, triple that of the previous three months.

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  4. Petrobras voluntary layoff program accepted by 6,100 employees - sourceRead the original story w/Photo

    10 hrs ago | Reuters

    Aug 25 A voluntary layoff program at state-run oil company Petroleo Brasileiro SA has been accepted by 6,100 employees, a source with direct knowledge of the matter told Reuters. The number may rise by month-end, the deadline for the plan proposed by the oil giant known as Petrobras.

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  5. Backgrounder: Chronology of Brazilian president Rousseff's impeachment processRead the original story

    11 hrs ago | Xinhuanet

    The trial against Brazil's first woman president is part of a political crisis that has wrecked Brazil since the Workers' Party candidate was reelected to a second term in 2014 with a less than robust mandate. -- October 2014: The PT candidate won reelection in a tightly contested runoff, defeating her conservative opponent Aecio Neves of the Brazilian Social Democracy Party .

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  6. U.S. judge to rule Friday on extended halt to Caesars lawsuitsRead the original story w/Photo

    12 hrs ago | Reuters

    A U.S. judge said in Chicago bankruptcy court he will decide whether to extend a halt on lawsuits against Caesars Entertainment Corp ( The casino operating unit of Caesars, which filed for bankruptcy with $18 billion of debt in January 2015, has asked for the shield to protect its parent's multibillion-dollar contribution to its reorganization plan. Caesars has so far pledged $4 billion to settle a series of claims of wrongdoing by creditors, many of which have been backed by an independent examiner's report.

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  7. GM cleared in second verdict over crash blamed on ignition switchRead the original story w/Photo

    12 hrs ago | Reuters

    A portion of a GM automobile is displayed as evidence in a Manhattan federal courtroom in this undated handout photo provided by United States District Court for the Southern District of New York released to Reuters on January 11, 2016. The verdict in Harris County, Texas, is the second in favor of GM this year in a lawsuit over a recalled ignition switch that has been linked to nearly 400 injuries and deaths.

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  8. BP Ceo Sour on Big MergersRead the original story w/Photo

    Yesterday | CSP

    Western major oil companies might do better to partner with national oil companies in resource-rich nations than to merge with each other the way they did the last time oil prices collapsed, the head of BP PLC said Tuesday, according to a Wall Street Journal report. Tony Hayward, BP's CEO, was speaking amid rumors that Big Oil might be poised for a round of megadeals comparable to the spectacular mergers of the late 1990s, another time of low oil prices.

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  9. Petroleo Brasileiro SA - Petrobras (PBR) Shares Down 4.2%Read the original story w/Photo

    Wednesday | Daily Political

    Petrobras dropped 4.2% on Monday . The stock traded as low as $9.03 and last traded at $9.03, with a volume of 13,476,102 shares.

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  10. Emerging Markets-Most Latam stocks down ahead of Yellen speech as commodities dropRead the original story w/Photo

    Wednesday | Reuters

    SAO PAULO, Aug 24 Most Latin American stock markets tracked prices of commodities lower on Wednesday as traders remained on the sidelines ahead of U.S. Federal Reserve Chair Janet Yellen's speech on Friday. Major regional exports including crude, iron ore and copper slumped on concerns over weak demand, while fresh signs of global oversupply weighed on oil markets.

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  11. Petroleo Brasileiro SA - Petrobras (PBR) Trading Up 3.4%Read the original story w/Photo

    Tuesday | Daily Political

    Petrobras was up 3.4% during trading on Tuesday . The company traded as high as $9.39 and last traded at $9.36, with a volume of 15,531,752 shares.

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  12. Ibovespa Climbs as Government Moves to Limit Spending IncreasesRead the original story

    Tuesday Aug 23 | The Washington Post

    The Ibovespa rose from its lowest level in almost two weeks after the government signaled stepped up efforts to trim a budget deficit, fueling optimism that lawmakers will support measures aimed at restoring the country's finances. State-controlled lender Banco do Brasil SA led gains among financial companies after UBS Group AG forecast a faster recovery for Latin America's largest economy.

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  13. Tuesday's ETF with Unusual Volume: GNRRead the original story

    Tuesday Aug 23 | MarketNewsVideo

    The SPDR S&P Global Natural Resources ETF is seeing unusually high volume in afternoon trading Tuesday, with over 342,000 shares traded versus three month average volume of about 144,000. Shares of GNR were up about 0.8% on the day.

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  14. Petroleo Brasileiro SA - Petrobras (PBR) Stock Price Down 4.2%Read the original story w/Photo

    Monday Aug 22 | Daily Political

    Petrobras 's share price traded down 4.2% during trading on Monday . The company traded as low as $9.03 and last traded at $9.03, with a volume of 13,476,102 shares.

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  15. Emerging Markets-Latam stocks, currencies down on oil, Fed jittersRead the original story w/Photo

    Monday Aug 22 | Reuters

    SAO PAULO, Aug 22 Latin American stocks and currencies fell on Monday as crude prices dropped nearly 3 percent and comments from a senior U.S. Federal Reserve policymaker boosted bets on an imminent interest rate increase. Oil futures retreated after China's exports of refined fuel products soared and U.S. drillers added oil rigs for an eighth straight week.

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  16. Brazil's Corruption Probe Causing Paralysis, GE's Rice Says 35 minutes agoRead the original story w/Photo

    Monday Aug 22 | Bloomberg

    Brazil's two-and-a-half-year investigation of construction companies is hampering new infrastructure in Latin America's biggest economy and the wider region, where Brazilian builders have a dominant presence, said a top executive at General Electric Co. "There's a certain amount of paralysis that exists now because of Carwash, and the damage of continuing that for years and years would probably be significant," GE Vice Chairman John Rice said in an interview in Rio de Janeiro.

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  17. Brazil's Stocks Decline as Euphoria Fades With U.S. Rate Outlook 36 minutes agoRead the original story w/Photo

    Monday Aug 22 | Bloomberg

    The Ibovespa fell for a third straight day as a heightened probability of a U.S. interest-rate increase this year undermines prospects for riskier Brazilian assets. State-controlled oil producer Petroleo Brasileiro SA and lender Itau Unibanco Holding SA contributed the most to the benchmark equity index's decline.

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  18. Some South American Chapters Of The Ongoing 'Dollar' EpicRead the original story w/Photo

    Sunday Aug 21 | Seeking Alpha

    Some South American countries' funding stories indicate that some unknown entity or central banks or whomever has intervened in "dollar" markets in substantial fashion. If that is the case, it is likely that the intent is to stabilize these currencies, maybe even all EM currencies.

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  19. Three Reasons Why Petrobras Is The Best Oil Play Of 2016Read the original story w/Photo

    Friday Aug 19 | Seeking Alpha

    In a year where the world watches the price of oil bounce around like a ping pong ball at the Olympics, there is one large oil producer that has been on a stealth run for 6 months. That company is Petroleo Brasileiro SA AKA Petrobras, it has outperformed Exxon Mobil and Chevron Corporation by a huge percentage.

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  20. Pemex woes snowball as cash crunch deepens production plungeRead the original story

    Friday Aug 19 | World Oil

    Petroleos Mexicanos' deteriorating finances are poised to get much worse, signaling no end in sight to years of declining oil production . The company's output may dwindle to about 1.6 MMbopd by 2020, less than half its 2004 peak, because it lacks the technology and funds to revamp aging fields, Morgan Stanley analysts led by Martijn Rats said in a July 24 report obtained by Bloomberg.

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