Petroleo Brasileiro Petrobras

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Petroleo Brasileiro Petrobras News

News on Petroleo Brasileiro Petrobras (Ticker: PBR) continually updated from thousands of sources around the net.

19 hrs ago | Bloomberg

Car Wash' Case Puts Focus on Brazil Underground Currency Trade

A $4.5 billion money laundering investigation is putting the spotlight on an underground currency market wealthy Brazilians have used for years to dodge taxes.

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Related Topix: Oil & Gas, World News, Brazil

Tue Apr 15, 2014

Reuters

UPDATE 1-Brazil's Petrobras defends Pasadena refinery purchase

Brazil's state-run oil company Petroleo Brasileiro SA on Tuesday defended its 2006 decision to buy a refinery in Pasadena, Texas against allegations it had dramatically overpaid.

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Related Topix: Pasadena, TX, Oil & Gas, Dilma Rousseff

TheStreet.com

Why Petroleo Brasileiro Petrobras (PBR) Stock Is Falling Today

Opponents of President Dilma Rousseff are fighting to open a formal investigation into the purchase, which they claim was made for 20 times the actual value of the refinery.

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Related Topix: Oil & Gas, Pasadena, TX

Mon Apr 14, 2014

Marine News

Brazil President Says Won't Accept Attack on Petrobras

Brazilian President Dilma Rousseff on Monday lashed out at critics of state-run oil company Petroleo Brasileiro SA, saying accusations of corruption, cost-overruns and stagnation at the company were politically motivated.

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Related Topix: Dilma Rousseff, Oil & Gas, World News, Brazil, Prison, US Military, US Coast Guard

Fri Apr 11, 2014

The Hartford Courant

Petrobras HQ raided by Brazil police in money-laundering probe

Brazil's Federal Police raided the headquarters of state-run oil company Petroleo Brasileiro SA in Rio de Janeiro on Friday as part of a money-laundering probe, two sources with direct knowledge of the operation told Reuters.

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

TheStreet.com

Why Petroleo Brasileiro Petrobras (PBR) Stock Is Up Today

The ships should help Petroleo Brasileiro Petrobras boost crude oil production by allowing it to connect new wells to existing platforms more quickly.

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Related Topix: Oil & Gas, TheStreet, Financial Markets

Thu Apr 10, 2014

The Washington Post

Petrobras May Cover Almost Half Utilities' Spot Needs: Trader

Petroleo Brasileiro SA probably has enough surplus electricity to meet almost half the needs of Brazilian distributors in an auction scheduled for April 30, according to a power trading company.

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

Tue Apr 08, 2014

AmericanBankingNews.com

Petroleo Brasileiro SA Upgraded by Zacks to "Neutral"

The firm currently has a $15.20 price target on the stock. Zacks 's target price indicates a potential upside of 6.89% from the company's current price.

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Related Topix: Oil & Gas

Marine News

Petrobras Denies Shelving Debt Sales in Scandal Wake

Petroleo Brasileiro SA on Monday denied that it had shelved plans to sell debt in local and international markets later this year after a series of scandals involving the Brazilian state-controlled oil producer.

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

Mon Apr 07, 2014

The Washington Post

Brazil Vice President Sees No Fuel Price Boost as Election Looms

Brazilian Vice President Michel Temer said he sees no room for a fuel price increase before elections in October and that inflation surpassing 6.5 percent would be a "disaster."

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Related Topix: Oil & Gas, Dilma Rousseff, World News, Brazil, Science / Technology

TheStreet.com

Why Petroleo Brasileiro Petrobas (PBR) Stock Is Up Today

The well began operating on April 3 at depths of 2,120 meters. The company expects the well to produce an estimated 26,000 barrels of oil per day.

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Related Topix: Oil & Gas

Reuters

Petrobras shelves debt sales in wake of scandals, source says

Brazilian state-controlled oil company Petroleo Brasileiro SA, which has been hit by a series of scandals, shelved plans to sell debt in local and international debt markets later this year, a source with direct knowledge of the situation said on Monday.

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Related Topix: Oil & Gas

Fri Apr 04, 2014

AlertNet

Brazil agency opens probe of SBM-Petrobras ship leases

Brazil's controller-general has opened an investigation into the lease by SBM Offshore NV, a Dutch company, of oil production ships to state-run oil company Petroleo Brasileiro SA , widening a probe into allegations of bribery by SBM.

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Related Topix: Oil & Gas, Equatorial Guinea, Africa, World News

Sys-Con Media

Delisting of Shares, Monthly Production Reports, Public Offer...

Today, Analysts Review released its analysts' notes regarding Cliffs Natural Resources Inc. , Petroleo Brasileiro Petrobras SA , McDermott International Inc. , E I Du Pont De Nemours And Co , and Chesapeake Energy Corporation .

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Related Topix: Rubber-Plastics, Manufacturing, Dupont E I Nemours , Chemicals, Cleveland Cliffs, Mining, Metals, Oil & Gas, McDermott International, Energy, Petrobras Energia Participaciones SA, Pioneer Hi-Bred

Thu Apr 03, 2014

AmericanBankingNews.com

Petroleo Brasileiro SA Coverage Initiated by Analysts at BMO Capital Markets

The firm set a "market perform" rating on the stock. PBR has been the subject of a number of other recent research reports.

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Related Topix: Oil & Gas, Stanley

Wed Apr 02, 2014

TheStreet.com

Why Petroleo Brasileiro Petrobras (PBR) Stock Is Up Today

On Monday, the company announced that its natural oil and gas output in Brazil rose 0.7% in February, over January, despite brief stoppages in the Santos Basin.

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Related Topix: Oil & Gas, Warren Buffett, Financial Markets

GuruFocus.com

The South American Sleeping Monster

My advisor during college was the son of a retired Brazilian military official. Before turning to academics he was an advisor for the Brazilian Ministry of Foreign Relations.

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Related Topix: Oil & Gas

Investopedia

Hottest Energy Sector Stocks

The Energy Select Sector SPDR is the top performing sector over the last week, as energy stocks have seen some impressive gains.

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Related Topix: Financial Markets, Oil & Gas

Fri Mar 28, 2014

Sys-Con Media

Technical Coverage on Top Gainers -- Research on Petroleo Brasileiro, ...

During the session, Consumer Discretionary, Information Technology, and Financials sectors ended in negative, while some positive momentum were observed in the Energy, Utilities, and Telecommunication Services sectors.

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Related Topix: Oil & Gas, Financial Markets, Plug Power, Electronics, Mining, Alcoa

Thu Mar 27, 2014

MarketNewsVideo

Thursday Sector Leaders: Oil & Gas Exploration & Production, Beverages & Wineries

In trading on Thursday, oil & gas exploration & production shares were relative leaders, up on the day by about 1.6%.

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Related Topix: Oil & Gas, Energy, Quicksilver Resources, Video, Business News

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