QUOTE AND NEWS
OilVoice  Apr 4  Comment 
Brazilian staterun oil company Petroleo Brasileiro SA suffered a setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic
Reuters  Apr 3  Comment 
Brazilian state-run oil company Petroleo Brasileiro SA suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean.     
JCN Network  Apr 3  Comment 
Hitachi, Ltd. delivered six sets of centrifugal compressors for a Floating Production, Storage, and Offloading system (FPSO) for Petroleo Brasileiro S.A., the state oil company of the Federative Republic of Brazil.
TheStreet.com  Apr 2  Comment 
NEW YORK (TheStreet) -- Petroleo Brasileiro Petrobras  shares continues to climb and the stock is up 3.9% to $13.74 Wednesday. On Monday, the company announced that its natural oil and gas output in Brazil rose 0.7% in February, over January,...
OilVoice  Apr 1  Comment 
The February figure for Petrobras39 total oil and natural gas production in Brazil was 2.327 million barrels of oil equivalent per day boed up 0.7 on the January figure of 2.310 million boed. I
Clusterstock  Mar 28  Comment 
A series of questionable business dealings by Petróleo Brasileiro (Petrobras, the state-controlled oil company) has been affecting the standing of the president, Dilma Rousseff. Before taking office as president in 2011, when she was the...
Reuters  Mar 27  Comment 
Brazil's Congress will likely move forward with a special investigation of state-run oil company Petroleo Brasileiro SA, the Senate's leader said on Thursday in a move that could impair President Dilma Rousseff's chances for re-election.
TheStreet.com  Mar 27  Comment 
NEW YORK (TheStreet) -- Shares of Petroleo Brasileiro SA Petrobras  are higher today by 7.17% to 12.86. For now, Brazil has not been influenced by Monday's Standard & Poor's downgrade.  S&P downgraded the country's long-term debt rating to...
DailyFinance  Mar 26  Comment 
CORDOBA, ARGENTINA -- (Marketwired) -- 03/26/14 -- Researched by Industrial Info Resources Latin America (Cordoba, Argentina) -- Engineering and construction company TKK Engenharia (Cubatao, Brazil) is working to increase the storage capacity of...
Reuters  Mar 25  Comment 
Opposition legislators asked Brazil's top prosecutor on Tuesday to investigate President Dilma Rousseff's role in the purchase of a Texas refinery by Brazil's state-run oil company Petroleo Brasileiro SA which critics say was way...




RELATED WIKI ARTICLES
 

Petroleo Brasileiro SA, also known as Petrobras, is a Brazil based holding company that engages in the exploration, production, refining, and sale of crude oil and other energy sources. Petrobras operates over 100 production platforms, 16 refineries, 30,000 kilometers of transportation ducts and more than 6,000 gas station in Brazil, Argentina, Mexico, Portugal, the United States, Peru and Turkey.[1]

While almost all of Petrobras’s barrels of oil and gas reserves come from Brazil, the company has the potential of becoming a major net exporter of oil.[2] In particular, Chinese energy companies and Chinese banks agreed in to finance the development of Petrobras’s offshore oil fields in exchange for guaranteed supplies of oil once the fields developed. However, low oil prices have the potential of reducing Petrobras’s exploration efforts because of the expensive equipment and technology required to develop deepwater oilfields.[3] Despite low gasoline and diesel prices, Petrobras plans to continue expanding its domestic refining and distribution operations.


You've ralely captured all the essentials in this subject area, haven't you?

A wonderful job. Super hlefpul information.

Competition

Petrobras remains the largest government owned oil company in Brazil, so it faces very little competition on its home turf. It is difficult for competitors to enter the market given the preferential treatment Petrobras has with the Brazilian government. Despite the opening up of the Brazilian oil market, Petrobras has maintained its market share.



References

  1. Reuters: PBR Profile
  2. Reuters: PBR Profile
  3. moneymornings.com: Petrobras will be poised for big economic gains
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki