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	<title>Stock Blog Hub &#187; PBR</title>
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		<title>(FTI) FMC Technologies and Anadarko Sign Service Deal</title>
		<link>http://www.stockbloghub.com/2012/01/18/fti-fmc-technologies-and-anadarko-sign-service-deal/90398</link>
		<comments>http://www.stockbloghub.com/2012/01/18/fti-fmc-technologies-and-anadarko-sign-service-deal/90398#comments</comments>
		<pubDate>Wed, 18 Jan 2012 20:42:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[FMC Technologies Inc.]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Plains Exploration & Production Company]]></category>
		<category><![CDATA[PXP]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90398</guid>
		<description><![CDATA[Oil drilling equipment maker  FMC Technologies Inc. (FTI) inked a deal with Anadarko Petroleum Corporation (APC), whereby it will render subsea systems and life-of-field services to the latter. None of the parties disclosed the financial terms of the agreement. The Woodlands-based exploration and production company Anadarko will utilize the services for the development of the Lucius project in the Gulf of Mexico. The field is located in water depth of approximately 7,100 feet and about 275 miles to the southeast of Galveston in Keathley Canyon Block 875. Discovered in 2009, Lucius field is operated by Anadarko with a 35% interest. The co-partners in the project are Plains Exploration &#38; Production Company (PXP) (23.3%), Exxon Mobil Corporation (XOM) (15%), Apache Deepwater LLC, a subsidiary of Apache Corporation (APA) (11.7%), Petrobras (PBR) ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(APC) Anadarko Petroleum Hits Another Gas Find</title>
		<link>http://www.stockbloghub.com/2012/01/18/apc-anadarko-petroleum-hits-another-gas-find/90382</link>
		<comments>http://www.stockbloghub.com/2012/01/18/apc-anadarko-petroleum-hits-another-gas-find/90382#comments</comments>
		<pubDate>Wed, 18 Jan 2012 20:40:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Plains Exploration & Production Company]]></category>
		<category><![CDATA[PXP]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90382</guid>
		<description><![CDATA[Independent oil and gas producer Anadarko Petroleum Corporation (APC) made another discovery off the coast of Mozambique. This new find to a large extent substantiated the company’s projection that the Offshore Area 1 of Mozambique&#8217;s Rovuma Basin at the Lagosta prospect has 15 -30 trillion cubic feet (Tcf) of recoverable natural gas. The exploration well Lagosta-2, drilled at a total depth of approximately 14,223 feet (4,335 meters), encountered about 4,813 feet (1,467 meters) of water. Anadarko has already mobilized another drillship in the area to spur exploration activity. Anadarko has been operating in Mozambique with drilling success in Lagosta and Camarão. The new find is located 4.4 miles (7 kilometers) north of the Lagosta discovery and 5.3 miles (8.5 kilometers) south of the Camarão well. The drilling well has encountered ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/18/apc-anadarko-petroleum-hits-another-gas-find/90382/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EPD) Enterprise Products Partners and Genesis Energy Sign Pipeline Plan</title>
		<link>http://www.stockbloghub.com/2012/01/08/epd-enterprise-products-partners-and-genesis-energy-sign-pipeline-plan/89863</link>
		<comments>http://www.stockbloghub.com/2012/01/08/epd-enterprise-products-partners-and-genesis-energy-sign-pipeline-plan/89863#comments</comments>
		<pubDate>Mon, 09 Jan 2012 04:45:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Enterprise Products Partners Lp]]></category>
		<category><![CDATA[EPD]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[GEL]]></category>
		<category><![CDATA[Genesis Energy LP]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Plains Exploration & Production Company]]></category>
		<category><![CDATA[PXP]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89863</guid>
		<description><![CDATA[Enterprise Products Partners L.P. (EPD) and Genesis Energy L.P. (GEL) have inked a construction agreement for a crude oil gathering pipeline to serve the Lucius development area in the Gulf of Mexico. Southeast Keathley Canyon Pipeline Company LLC (“SEKCO”) &#8211; a 50:50 joint venture between Enterprise and Genesis, will be the owner and responsible for the construction. Enterprise and Genesis have executed the crude oil transportation agreement with a group of six producer companies consisting of Anadarko Petroleum Corporation (APC), Apache Corp. (APA), ExxonMobil Corp. (XOM), Eni SpA (E), Petroleo Brasileiro (PBR), and Plains Exploration &#38; Production Company (PXP). The 149-mile SEKCO pipeline, capable of carrying 115,000 barrels per day (bpd), will link the Lucius-truss spar floating production platform to an existing junction platform at South Marsh Island 205 that forms part of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/08/epd-enterprise-products-partners-and-genesis-energy-sign-pipeline-plan/89863/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BP) Three European Oil Firms Strike Angola Deal</title>
		<link>http://www.stockbloghub.com/2011/12/28/bp-three-european-oil-firms-strike-angola-deal/89280</link>
		<comments>http://www.stockbloghub.com/2011/12/28/bp-three-european-oil-firms-strike-angola-deal/89280#comments</comments>
		<pubDate>Wed, 28 Dec 2011 12:27:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89280</guid>
		<description><![CDATA[With the aim of expanding individual footing in the energy sector of South Africa, three European oil biggies entered into three different deals with Sonangol, the National Fuel Company of Angola, to explore the undeveloped pre-salt offshore acreage. London, England-based BP plc (BP) received access to five more deepwater exploration and production blocks offshore Angola, netting a total of nine blocks. BP and Sonangol also inked production sharing contracts (PSCs) for four new blocks in the Kwanza and Benguela basins. BP, with a 50% interest, will act as the operator for Blocks 19 and 24, while it holds non-operating interests of 20% in Block 20 and 15% in Block 25. Additionally, the company acquired a 40% stake in Block 26 and signed a farm-in deal with the operator, Petrobras (PBR). ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/28/bp-three-european-oil-firms-strike-angola-deal/89280/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Strikes Oil in Santos Basin</title>
		<link>http://www.stockbloghub.com/2011/12/07/pbr-petroleo-brasileiro-s-a-strikes-oil-in-santos-basin/87917</link>
		<comments>http://www.stockbloghub.com/2011/12/07/pbr-petroleo-brasileiro-s-a-strikes-oil-in-santos-basin/87917#comments</comments>
		<pubDate>Wed, 07 Dec 2011 17:41:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87917</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced the discovery of oil in the pre-salt reservoirs of the country’s Santos Basin. The new well reinforces the region’s potential of 5-8 billion barrels of recoverable reserves. Drilled to a total depth of 2,180 meters, the 4-BRSA-946C-SPS well, informally known as Biguá, is located in the 1-BRSA-532A-SPS (Bem-te-vi)’s Discovery Appraisal Plan area about 270 kilometers off the state of São Paulo. Petrobras has a 66% operating interest in block BM-S-8 (where the discovery was made), with the other partners being Anglo-Dutch supermajor Royal Dutch Shell plc (RDSA) and Portugal’s Galp Energia. As per initial analysis, both oil and reservoir quality is good though additional studies will be required to evaluate volumes, extent and productivity of the find. Petrobras ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/07/pbr-petroleo-brasileiro-s-a-strikes-oil-in-santos-basin/87917/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LNG) An Alternative Way to Capture Emerging Market Growth</title>
		<link>http://www.stockbloghub.com/2011/12/06/lng-an-alternative-way-to-capture-emerging-market-growth/88122</link>
		<comments>http://www.stockbloghub.com/2011/12/06/lng-an-alternative-way-to-capture-emerging-market-growth/88122#comments</comments>
		<pubDate>Tue, 06 Dec 2011 19:35:29 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SHI]]></category>
		<category><![CDATA[Sinopec Shanghai Petrochemical Company Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88122</guid>
		<description><![CDATA[by David Fessler, Investment U Senior Analyst Tuesday, December 6, 2011: Issue #1658 Many countries outside the United States operate state-controlled companies. Most are giant behemoths, employing millions of people between them. These companies – among the world’s largest corporations – are primarily in the banking and energy sectors. Some, like the giant oil and gas company, Saudi Aramco, aren’t open to investors at all. But many are. Some fund managers shun these companies. With the governments that control them wielding various degrees of power over their daily operations, shareholder interests aren’t always viewed as a top priority. But some managers view them as proxies for the growth of the emerging market countries in which they operate. Many are huge “cash cows,” throwing off billions in profits each year. Some ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/06/lng-an-alternative-way-to-capture-emerging-market-growth/88122/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Hits Oil in Campos Basin</title>
		<link>http://www.stockbloghub.com/2011/11/30/pbr-petroleo-brasileiro-s-a-hits-oil-in-campos-basin/87735</link>
		<comments>http://www.stockbloghub.com/2011/11/30/pbr-petroleo-brasileiro-s-a-hits-oil-in-campos-basin/87735#comments</comments>
		<pubDate>Wed, 30 Nov 2011 19:25:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87735</guid>
		<description><![CDATA[Petroleo Brasileiro S.A. or Petrobras (PBR) announced the discovery of an accumulation of crude oil in Marlin Complex, offshore Campos basin. However, Petrobras did not disclose the amount of oil discovered. The presence of oil was traced in post-salt rocks through the well 4-VD-18-RJS (4-BRSA-994-RJS) – also known as Tucura – that is located 60.9 miles from the shore of Rio de Janeiro State. At a water depth of 1715.9 feet, the well lies between the production fields of Voador and Marlim. This discovery, part of the Varredura Project, highlights the resource potential of the acreage and is expected to boost the volume output from the Marlin and Voador concessions. Initial evaluation reveals that the oil discovered is of the same quality found in the adjacent fields of Marlin and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/30/pbr-petroleo-brasileiro-s-a-hits-oil-in-campos-basin/87735/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CVX) Chevron Fined for Brazil Oil Spill</title>
		<link>http://www.stockbloghub.com/2011/11/28/cvx-chevron-fined-for-brazil-oil-spill/87420</link>
		<comments>http://www.stockbloghub.com/2011/11/28/cvx-chevron-fined-for-brazil-oil-spill/87420#comments</comments>
		<pubDate>Mon, 28 Nov 2011 17:00:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87420</guid>
		<description><![CDATA[U.S. energy behemoth Chevron Corp. (CVX) has been slapped with a fine of R$50 million ($28 million) by Brazil&#8217;s environmental regulator – the Brazilian Institute of the Environment and Renewable Natural Resources, or Ibama – following an oil leak 74 miles off the coast of Rio de Janeiro. The ruling came after the super-major accepted full responsibility for the spill that began at its deep water Frade field on November 7, about 230 miles from the beaches of Rio de Janeiro. Chevron’s multi-billion-dollar Frade project, owned in partnership with Brazil’s state-run energy giant Petrobras S.A. (PBR) and a Japanese consortium, was Brazil’s eighth most productive field in September with a daily output of 75,000 barrels of oil. Chevron’s most recent estimates put the size of the leak at approximately 2,400 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/28/cvx-chevron-fined-for-brazil-oil-spill/87420/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Finds Oil in Santos Basin</title>
		<link>http://www.stockbloghub.com/2011/11/28/pbr-petroleo-brasileiro-s-a-finds-oil-in-santos-basin/87553</link>
		<comments>http://www.stockbloghub.com/2011/11/28/pbr-petroleo-brasileiro-s-a-finds-oil-in-santos-basin/87553#comments</comments>
		<pubDate>Mon, 28 Nov 2011 16:14:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87553</guid>
		<description><![CDATA[Petroleo Brasileiro S.A. or Petrobras (PBR) confirmed the discovery of superior quality oil in the south Santos Basin well 4-SPS-91 (4-BRSA-1002-SPS). As per the oil sampling tests, the find was in an approximately 2,160 meters deep sandstone reservoir in the post-salt area known as Tiro and Sidon. Located about 200 km from the coast of Sao Paulo State and in a water depth of 299 meters, the well – informally known as Patola – is estimated to contain oil of around 36 degrees API that is similar to the oil discovered in the neighboring wildcats well. However, Petrobras did not disclose the amount of oil discovered. Petrobras plans to conduct extensive drilling activities in the area and go ahead with the Extended Well Test, which is currently in progress in ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CVX) Chevron&#8217;s Brazil Dream Sours</title>
		<link>http://www.stockbloghub.com/2011/11/28/cvx-chevrons-brazil-dream-sours/87581</link>
		<comments>http://www.stockbloghub.com/2011/11/28/cvx-chevrons-brazil-dream-sours/87581#comments</comments>
		<pubDate>Mon, 28 Nov 2011 16:10:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87581</guid>
		<description><![CDATA[U.S. energy behemoth Chevron Corp. (CVX) has been temporarily suspended from ‘all drilling activities’ in Brazil by the country’s oil regulator – Agencia Nacional do Petroleo or ANP – following an oil leak 74 miles off the coast of Rio de Janeiro. The agency’s diktat will remain in effect until it identifies the causes of the spill and considers it safe to resume drilling. Chevron has already been slapped with a fine of R$50 million ($28 million) by Brazil&#8217;s environmental regulator. The ruling has come after the super-major accepted full responsibility for the spill that began at its deepwater Frade field on November 7, about 230 miles from the beaches of Rio de Janeiro. Chevron’s multibillion-dollar Frade project in partnership with Brazil’s state-run energy giant Petrobras S.A. (PBR) and a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/28/cvx-chevrons-brazil-dream-sours/87581/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PZE) Latch Onto The Next Big Shale Gas Boom</title>
		<link>http://www.stockbloghub.com/2011/10/10/pze-latch-onto-the-next-big-shale-gas-boom/84806</link>
		<comments>http://www.stockbloghub.com/2011/10/10/pze-latch-onto-the-next-big-shale-gas-boom/84806#comments</comments>
		<pubDate>Mon, 10 Oct 2011 18:34:38 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Gran Tierra Energy Inc]]></category>
		<category><![CDATA[GTE]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petrobras Energía Participaciones S.A.]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PZE]]></category>
		<category><![CDATA[TGS]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[Transportadora de Gas Del Sur S.A.]]></category>
		<category><![CDATA[XOM]]></category>
		<category><![CDATA[YPF]]></category>
		<category><![CDATA[YPF S.A.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=84806</guid>
		<description><![CDATA[by Justin Dove, Investment U Research Friday, October 7, 2011 Which country has the most shale gas reserves outside of the United States and China? Canada? Nope. Australia? Wrong again. According to the U.S. Energy Information Administration, Argentina ranks third in recoverable shale gas reserves. Argentina has 774 trillion cubic feet (Tcf) of technically recoverable shale gas resources, with more than half of that in the Neuquén Basin on the western side of the country. (Courtesy: EIA, Advanced Resources International, Inc.) Political Intervention Following the economic crisis it weathered in the early 2000s, Argentina imposed strict regulations and price controls on its oil and gas production. Since Argentina’s currency devalued incredibly in a short period of time, Argentinians couldn’t afford exported oil and gas. Thus the government put strict price ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/10/pze-latch-onto-the-next-big-shale-gas-boom/84806/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PBR) Oil Industry Mergers and Acquisitions 2011</title>
		<link>http://www.stockbloghub.com/2011/09/14/pbr-oil-industry-mergers-and-acquisitions-2011/83060</link>
		<comments>http://www.stockbloghub.com/2011/09/14/pbr-oil-industry-mergers-and-acquisitions-2011/83060#comments</comments>
		<pubDate>Wed, 14 Sep 2011 16:38:15 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[BOLT]]></category>
		<category><![CDATA[Bolt Technology Corporation]]></category>
		<category><![CDATA[CAM]]></category>
		<category><![CDATA[Cameron International Corporation]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Energy XXI (Bermuda) Limited]]></category>
		<category><![CDATA[EXXI]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Joy Global Inc.]]></category>
		<category><![CDATA[JOYG]]></category>
		<category><![CDATA[KWK]]></category>
		<category><![CDATA[LUFK]]></category>
		<category><![CDATA[Lufkin Industries Inc.]]></category>
		<category><![CDATA[National Oilwell Varco Incorporated]]></category>
		<category><![CDATA[NOV]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Quicksilver Resources Inc]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83060</guid>
		<description><![CDATA[by Justin Dove, Investment U Research Monday, September 12, 2011 Oil Services Industry Set for “Gusher Of Profits” As Ian Cooper’s recent article for Wealth Daily stated, the world isn’t necessarily running out of oil. It’s running out of “easy to get” oil. Oil companies aren’t chasing the vast amounts of fuel trapped in shale or tar sands because they want to… These sources are becoming the only ones left as production at the largest inland oil fields is declining, or is at least expected to soon. In its 2010 World Energy Outlook, the International Energy Agency estimated that approximately 40 percent of the oil production needed by 2020 has yet to be found or developed. By 2030, it will likely be closer to 60 percent. For the foreseeable future, ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(XLF) Stock Market News for August 9, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/08/09/xlf-stock-market-news-for-august-9-2011-market-news/80949</link>
		<comments>http://www.stockbloghub.com/2011/08/09/xlf-stock-market-news-for-august-9-2011-market-news/80949#comments</comments>
		<pubDate>Tue, 09 Aug 2011 19:10:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[Merck & Company Inc]]></category>
		<category><![CDATA[MRK]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[The Travelers Companies Inc.]]></category>
		<category><![CDATA[TRV]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>
		<category><![CDATA[XLF]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80949</guid>
		<description><![CDATA[Standard &#38; Poor’s downgraded the US credit rating by a notch, delivering a crushing blow to benchmarks on Monday. Tension from the other side of the Atlantic also dampened sentiment as Europe was gripped by debt woes. Investors also struggled to find a clear answer about whether the recent turmoil means that another recession is in the offing, at a time when the economy is yet to recover from the last one. The credit rating agency’s decision came in on Friday last week after the closing bells. Monday was thus the first trading day after the downgrade, and almost immediately benchmarks ended up in the red. This is the first time that the US has lost its AAA rating since 1917. The Dow Jones Industrial Average (DJIA) posted its sixth-worst ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/09/xlf-stock-market-news-for-august-9-2011-market-news/80949/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Strikes Oil Yet Again</title>
		<link>http://www.stockbloghub.com/2011/07/11/pbr-petroleo-brasileiro-s-a-strikes-oil-yet-again/78630</link>
		<comments>http://www.stockbloghub.com/2011/07/11/pbr-petroleo-brasileiro-s-a-strikes-oil-yet-again/78630#comments</comments>
		<pubDate>Mon, 11 Jul 2011 15:47:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78630</guid>
		<description><![CDATA[Petroleo Brasileiro S.A. or Petrobras (PBR) announced the discovery of two new oil and gas fields in the Espirito Santo basin, netting three finds in the arena. Although the estimated size of the fields was not disclosed, they definitely strengthen Petrobras’ position in the deepwater region. As per the Brazilian state-run company, the wells 1-BRSA-939-ESS and 1-BRSA-936D-ESS, named “Pe-de-moleque” and “Quindim,” respectively, are in the BM-ES-23 exploration block. These are located 71 miles from Vitoria, the capital of the southeastern state of Espirito Santo and at a water depth of about 1,900 meters. Early last month, Petrobras confirmed the discovery of light oil in the Brigadeiro well in the same block. The company controls 65% operating interest in the block, while the other partners are the Brazilian unit of Royal ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(ADP) Stock Market News for July 8, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/07/08/adp-stock-market-news-for-july-8-2011-market-news/78660</link>
		<comments>http://www.stockbloghub.com/2011/07/08/adp-stock-market-news-for-july-8-2011-market-news/78660#comments</comments>
		<pubDate>Fri, 08 Jul 2011 17:37:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[ADP]]></category>
		<category><![CDATA[Automatic Data Processing Inc]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[COST]]></category>
		<category><![CDATA[Costco Wholesale Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Energy Select Sector SPDR]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[General Moly Inc]]></category>
		<category><![CDATA[GMO]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[M]]></category>
		<category><![CDATA[Macy's Inc.]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PFE]]></category>
		<category><![CDATA[Pfizer Inc.]]></category>
		<category><![CDATA[Saks Incorporated]]></category>
		<category><![CDATA[SKS]]></category>
		<category><![CDATA[Target Corporation]]></category>
		<category><![CDATA[TGT]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>
		<category><![CDATA[XLE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78660</guid>
		<description><![CDATA[On Thursday, positive jobs and retail reports lifted investor sentiment and subsequently boosted the benchmarks which edged closer to 2011 highs. Nonetheless, volumes remained tight as investors anxiously await crucial non-farm payroll data from the government. The Dow Jones Industrial Average (DJIA) gained 0.7% to finish at 12,719.49. The Standard &#38; Poor 500 (S&#38;P 500) surged 1.1% to settle at 1,353.22. The Nasdaq Composite Index was up 1.4% to close at 2,872.66. Volumes remained tight as on the York Stock Exchange, AMEX and Nasdaq, only 6.69 billion shares were traded compared with last year&#8217;s daily average of 8.47 billion. On the NYSE, only 2.2 billion shares were traded and for four advancing stocks, only one declined. The Dow has now gained 6.6% over its last eight trading days and is ]]></description>
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		<title>(PBR) Petroleo Brasileiro S.A. Expands in Biofuel World</title>
		<link>http://www.stockbloghub.com/2011/07/05/pbr-petroleo-brasileiro-s-a-expands-in-biofuel-world/78341</link>
		<comments>http://www.stockbloghub.com/2011/07/05/pbr-petroleo-brasileiro-s-a-expands-in-biofuel-world/78341#comments</comments>
		<pubDate>Wed, 06 Jul 2011 00:27:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78341</guid>
		<description><![CDATA[Brazilian state-run energy firm Petroleo Brasileiro S.A. or Petrobras (PBR) acquired a 50% stake in a local biodiesel company BSBIOS Industria e Comercio de Biodiesel Sul Brasil S.A. for 200 million Brazilian reals or $128.4 million. Petrobras executed the deal through its subsidiary Petrobras Biocombustível S.A. Located at Passo Fundo, the acquired company owns a biodiesel facility which is integrated with a vegetable oil extraction unit and has an annual production capacity of 42 million gallons of fuel. The unit is well connected by railroad terminals and a distribution base for smooth delivery and marketing of biodiesel. This acquisition strengthens Petrobras’ position in the domestic biofuels market and takes it a step closer to its target of doubling biofuels output by 2014. The company intends to spend $3.5 billion through ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Start Extended Well Test at Aruana</title>
		<link>http://www.stockbloghub.com/2011/07/01/pbr-petroleo-brasileiro-s-a-start-extended-well-test-at-aruana/78142</link>
		<comments>http://www.stockbloghub.com/2011/07/01/pbr-petroleo-brasileiro-s-a-start-extended-well-test-at-aruana/78142#comments</comments>
		<pubDate>Fri, 01 Jul 2011 16:53:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78142</guid>
		<description><![CDATA[Brazilian state-run Petroleo Brasileiro S.A. or Petrobras (PBR) has commenced production of oil at the Aruana area, following the start-up of extended well test (EWT). The Aruana area is in the post-salt layer of the southern area of the Campos Basin offshore Brazil. Petrobras expects EWT at 1-RJS-661 well &#8212; through which the oil flows &#8212; to run for about six months. The well is located in exploratory block C-M-401 that is between Pampo and Espardarte fields at water depth of 50 meters to 1500 meters. The well test forms part of the Discovery Assessment Plan (PAD) that was granted by National Petroleum Agency (ANP) for the consequent expansion of the region. The formation tests, conducted in March 2009, after the drilling of the well, show the presence of 27 ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petrobras and Partners Strike Oil</title>
		<link>http://www.stockbloghub.com/2011/06/29/pbr-petrobras-and-partners-strike-oil/77921</link>
		<comments>http://www.stockbloghub.com/2011/06/29/pbr-petrobras-and-partners-strike-oil/77921#comments</comments>
		<pubDate>Wed, 29 Jun 2011 20:44:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77921</guid>
		<description><![CDATA[Brazilian oil giant  Petroleo Brasileiro S.A. or Petrobras (PBR) announced the discovery of two levels of high-quality crude oil at a well in the country’s ultra deepwater pre-salt Campos Basin. Apart from Petrobras, which has a 30% interest in the 1-REPF-11A-RJS well (informally known as Gavea), Norwegian company  Statoil ASA (STO) holds a 35% stake. The remaining interest is controlled by operator Repsol Sinopec –– a partnership between Spain&#8217;s Repsol-YPF and China’s state controlled  China Petroleum &#38; Chemical Corporation or Sinopec (SNP). Located 120 miles off the coast of Rio de Janeiro state, Gavea was drilled to a water depth of 8,880 feet and reached a final depth of 22,460 feet. The consortium told Brazilian authorities about the presence of hydrocarbons traces in the first level of Gavea well in ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Evenly Poised</title>
		<link>http://www.stockbloghub.com/2011/06/24/pbr-petroleo-brasileiro-s-a-evenly-poised/77427</link>
		<comments>http://www.stockbloghub.com/2011/06/24/pbr-petroleo-brasileiro-s-a-evenly-poised/77427#comments</comments>
		<pubDate>Fri, 24 Jun 2011 20:38:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77427</guid>
		<description><![CDATA[We have maintained our Neutral recommendation on Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A. with a price target of $35. We believe that continued demand growth in Brazil (expected to outperform developed countries in the next few years), together with all the new investments and acquisitions, will fuel Petrobras’ medium-term earnings outlook. Additionally, we expect the company to benefit from its expertise in deep-water operations, its recent major discoveries (that could double its resource base) and the growing domestic refined products market. Petrobras&#8217; know-how and proficiency in deep-water oil and gas exploration and production is reflected in its exceptional track record for hydrocarbon production growth, as well as prospects for production and reserves growth in the future, especially following significant offshore finds in the last few ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLE) Stock Market News for June 24, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/06/24/xle-stock-market-news-for-june-24-2011-market-news/77389</link>
		<comments>http://www.stockbloghub.com/2011/06/24/xle-stock-market-news-for-june-24-2011-market-news/77389#comments</comments>
		<pubDate>Fri, 24 Jun 2011 20:37:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AMR]]></category>
		<category><![CDATA[AMR Corporation]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[DAL]]></category>
		<category><![CDATA[Delta Air Lines Inc.]]></category>
		<category><![CDATA[Energy Select Sector SPDR]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[HD]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[LCC]]></category>
		<category><![CDATA[LUV]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PFE]]></category>
		<category><![CDATA[Pfizer Inc.]]></category>
		<category><![CDATA[Southwest Airlines Company]]></category>
		<category><![CDATA[The Home Depot Inc]]></category>
		<category><![CDATA[UAL]]></category>
		<category><![CDATA[United Continental Holdings]]></category>
		<category><![CDATA[US Airways Group Inc.]]></category>
		<category><![CDATA[XLE]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77389</guid>
		<description><![CDATA[On Thursday, markets rebounded from session lows as Greece agreed to implement a five-year austerity plan. Markets were dragged lower early in the day after a drop in oil prices. However, news from the domestic front was discouraging with disappointing economic reports on initial claims and home sales. The Dow Jones Industrial Average (DJIA) declined 0.5% to close at 12,050.00. The Standard &#38; Poor 500 (S&#38;P 500) shed 0.3% to finish at 1,283.50. However, the Nasdaq Composite Index climbed up 0.7% to close at 2,686.75. The fear-gauge CBOE Volatility Index (VIX) traded above 19. On the New York Stock Exchange, Amex and Nasdaq, consolidated volumes were 8.31 billion shares, compared with the daily average of 7.57 billion. On the NYSE, 13 stocks moved up for every 17 stocks in the ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petrobras Acquires Stake in Gabon</title>
		<link>http://www.stockbloghub.com/2011/06/20/pbr-petrobras-acquires-stake-in-gabon/76869</link>
		<comments>http://www.stockbloghub.com/2011/06/20/pbr-petrobras-acquires-stake-in-gabon/76869#comments</comments>
		<pubDate>Tue, 21 Jun 2011 04:15:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76869</guid>
		<description><![CDATA[Brazilian oil giant Petróleo Brasileiro S.A. or Petrobras (PBR) has acquired 50% stake in two exploration blocks offshore Gabon. The company did not disclose the financial details of the deal, which was executed through the wholly owned subsidiary Petrobras Participaciones S.L. The blocks, Ntsina Marin and Mbeli Marin, are located in the Costeira Basin covering an area of 6,683 square kilometers and at water depth of up to 2,400 meters, on the Western Coast of Africa. These were owned by Britain’s Ophir Energy that will retain the remaining 50% of the interest. In the initial phase, Petrobras will conduct evaluation work within the 2,000 square kilometers of 3D seismics. The deal is yet to receive the final approval from the Government of Gabon. Headquartered in Rio de Janeiro, Petrobras is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/20/pbr-petrobras-acquires-stake-in-gabon/76869/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(GE) General Electric Wellstream Wins New Contract</title>
		<link>http://www.stockbloghub.com/2011/06/20/ge-general-electric-wellstream-wins-new-contract/76582</link>
		<comments>http://www.stockbloghub.com/2011/06/20/ge-general-electric-wellstream-wins-new-contract/76582#comments</comments>
		<pubDate>Mon, 20 Jun 2011 16:22:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Conglomerates]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76582</guid>
		<description><![CDATA[General Electric (GE) Oil &#38; Gas’ Wellstream business has been awarded a long-term contract by Petróleo Brasileiro S.A., aka Petrobras (PBR), one of the largest companies in Latin America. The contract, initially valued at more than $200 million, pertains to flexible pipe and subsea equipment logistics services. The project is expected to be operational by the third quarter of 2012. In December 2010, GE had acquired Wellstream, the UK-based oil and gas services group for £800 million as part of its aggressive expansion strategy in the energy sector. In order to execute the contract, GE will assemble dedicated 55,000 sq. meter flexible pipe and subsea equipment at the Wellstream’s logistics base in Niteroi, which is considered to be the commercial hub that is located approximately 14 kms from the city ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/20/ge-general-electric-wellstream-wins-new-contract/76582/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(XOM) Exxon Mobil Makes Giant Gulf of Mexico Discovery</title>
		<link>http://www.stockbloghub.com/2011/06/16/xom-exxon-mobil-makes-giant-gulf-of-mexico-discovery/75928</link>
		<comments>http://www.stockbloghub.com/2011/06/16/xom-exxon-mobil-makes-giant-gulf-of-mexico-discovery/75928#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:49:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75928</guid>
		<description><![CDATA[Exxon Mobil Corporation (XOM) announced the discovery of oil and gas in three major blocks in the deepwater Gulf of Mexico, marking the company’s first deepwater exploration since the end of the drilling moratorium in the region. The wells are estimated to hold approximately 700 million barrels of oil equivalent in combined reserves. The U.S. government had halted drilling activities in the Gulf area, following the blowout of Macondo well &#8212; operated by BP plc (BP) &#8212; in April, 2010. The suspension was withdrawn in November, 2010. Located at almost 250 miles to the southwest of New Orleans in water depth of 7,000 feet, the KC919-3 wildcat well confirmed the presence of more than 475 feet of net oil pay plus a minor amount of gas. Through earlier drilling, Exxon ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/xom-exxon-mobil-makes-giant-gulf-of-mexico-discovery/75928/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XOM) Are Oil Prices Headed Up or Down?</title>
		<link>http://www.stockbloghub.com/2011/06/16/xom-are-oil-prices-headed-up-or-down/76231</link>
		<comments>http://www.stockbloghub.com/2011/06/16/xom-are-oil-prices-headed-up-or-down/76231#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:41:33 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76231</guid>
		<description><![CDATA[by David Fessler, Investment U’s Energy and Infrastructure Expert Tuesday, June 14, 2011 Are oil prices headed up or down? If Saudi Arabia has anything to say about it, quite possibly down. Over the past several months, the kingdom has been clandestinely raising production levels. It’s been undertaking this in advance of Wednesday’s OPEC meeting. It’s attempting to placate American, Chinese, and European oil consumers. According to an article in the Financial Times, the Saudis want to bring crude prices down to more “comfortable levels,” i.e. $80 to $90 per barrel. The FT says Saudi Arabia raised its May output by 200,000 bpd, and has plans to raise it another 200,000 to 300,000 bpd this month. That would peg its overall output above 9 million bpd for the first time ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/xom-are-oil-prices-headed-up-or-down/76231/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PBR) Petrobras: Another Strong Quarter</title>
		<link>http://www.stockbloghub.com/2011/06/02/pbr-petrobras-another-strong-quarter/74122</link>
		<comments>http://www.stockbloghub.com/2011/06/02/pbr-petrobras-another-strong-quarter/74122#comments</comments>
		<pubDate>Thu, 02 Jun 2011 18:20:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74122</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced its first quarter earnings of R$10,985.0 million or R$0.84 per share, compared with R$7,726.0 million or R$0.88 per share in the year-earlier quarter. Per share profitability dropped after the company sold $70 billion of new stock in September last year. Earnings per ADR came in at $1.01 (exchange rate: U.S.$1.00 = R$1.66, 1 ADR = 2 shares), ahead of the Zacks Consensus Estimate of 93 cents. This was mainly on the back of improved crude prices amid strong domestic energy demand, aided by a strengthening currency, partially offset by government caps on fuel prices that eroded refining margins. Petrobras’ revenues of R$54,800.0 million (or approximately $33,012.0 million) were up 8.7% from the first quarter 2010 level and also ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(VLO) Brazil Turns to U.S. to Meet Ethanol Demands</title>
		<link>http://www.stockbloghub.com/2011/05/25/vlo-brazil-turns-to-u-s-to-meet-ethanol-demands/74903</link>
		<comments>http://www.stockbloghub.com/2011/05/25/vlo-brazil-turns-to-u-s-to-meet-ethanol-demands/74903#comments</comments>
		<pubDate>Thu, 26 May 2011 02:15:14 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Cosan Limited]]></category>
		<category><![CDATA[CZZ]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74903</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Wednesday, May 25, 2011 Due to escalating Latin American demand, refineries often can’t keep up with fuel consumption, so global refiners have been quietly boosting refined fuel output. According to one of the largest U.S. refiners, Valero Energy (NYSE: VLO), that’s especially true of the developing economies of both Mexico and Brazil. Brazil’s demand for refined fuels, such as ethanol, makes sense – what with a rapidly rising middle class that is making more car purchases, many of which run on gasoline, as well as a large number of flex-fuel vehicles (FFVs) that run on either gasoline or an 85 percent blend of ethanol. And as the world leader in ethanol production and exports, it comes as a bit of a surprise that Brazil ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/25/vlo-brazil-turns-to-u-s-to-meet-ethanol-demands/74903/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRQ) Dril-Quip Earnings Report Beats Consensus</title>
		<link>http://www.stockbloghub.com/2011/05/10/drq-dril-quip-earnings-report-beats-consensus/73752</link>
		<comments>http://www.stockbloghub.com/2011/05/10/drq-dril-quip-earnings-report-beats-consensus/73752#comments</comments>
		<pubDate>Wed, 11 May 2011 03:04:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[CAM]]></category>
		<category><![CDATA[Cameron International Corporation]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Dril-Quip Inc]]></category>
		<category><![CDATA[DRQ]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73752</guid>
		<description><![CDATA[Dril-Quip Inc.’s (DRQ) adjusted first-quarter 2011 earnings of 58 cents per share beat the Zacks Consensus Estimate by a penny. However, quarterly earnings dropped 18% from the year-ago adjusted profit level of 71 cents a share. The year-over-year disappointment is primarily a repercussion of the the Deepwater Horizon incident as well as project delays. Higher selling, general and administrative (SG&#38;A), engineering and product development expenses as well as depreciation and amortization were also responsible for the downfall. Total revenue in the quarter dropped 3.4% to $137.7 million from the year-ago level of $142.5 million, but surpassed the Zacks Consensus Estimate of $132 million. Operating income fell more than 11% to $30.6 million in the quarter from the year-earlier level of $34.6 million. The company also faced a considerable increase in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/10/drq-dril-quip-earnings-report-beats-consensus/73752/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BRKB) Understanding Japan&#8217;s Disaster</title>
		<link>http://www.stockbloghub.com/2011/03/29/brkb-understanding-japans-disaster/68781</link>
		<comments>http://www.stockbloghub.com/2011/03/29/brkb-understanding-japans-disaster/68781#comments</comments>
		<pubDate>Tue, 29 Mar 2011 15:55:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[First Solar Inc.]]></category>
		<category><![CDATA[FSLR]]></category>
		<category><![CDATA[JA Solar Holdings Company Limited]]></category>
		<category><![CDATA[JASO]]></category>
		<category><![CDATA[Lubrizol Corporation]]></category>
		<category><![CDATA[LZ]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Range Resources Corporation]]></category>
		<category><![CDATA[RRC]]></category>
		<category><![CDATA[Solarfun Power Holdings Company Limited]]></category>
		<category><![CDATA[SOLF]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68781</guid>
		<description><![CDATA[The awful news out of Japan just seems to keep getting worse. There are now four reactors that are in trouble and significant (although outside the gates of the plant, not immediately dangerous) levels of radiation have been released into the atmosphere. That has severely strained the country’s electrical system (along with other damaged generating and transmission facilities), and there have been rolling blackouts across the country. Most of the factories in the country have been shut down, either due to direct damage or to save electricity. Clearly that is going to be a massive hit to the economy, and first quarter growth there is going to be negative. By how much is really anybody’s guess at this point. The amount of direct damage is probably on the order of ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(AXP) Stock Market News for March 9, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/03/10/axp-stock-market-news-for-march-9-2011-market-news/68348</link>
		<comments>http://www.stockbloghub.com/2011/03/10/axp-stock-market-news-for-march-9-2011-market-news/68348#comments</comments>
		<pubDate>Thu, 10 Mar 2011 17:36:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[Range Resources Corporation]]></category>
		<category><![CDATA[RRC]]></category>
		<category><![CDATA[SU]]></category>
		<category><![CDATA[Suncor Energy Inc]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68348</guid>
		<description><![CDATA[Indices moved out of negative territory on Tuesday, as Bank of America provided assurances of higher profits and an increase in dividends for shareholders. Additionally, crude prices hit a roadblock and eased off by 0.4% as OPEC members consider ramping up production for the first time in two years. The Dow Jones Industrial Average (DJIA) inched up 1% to close at 12214.38 recovering losses made on the previous two trading days. The Standard &#38; Poor 500 closed at 1321.82 after gaining 0.9%. According to Tobias Levkovich, Citigroup’s chief equities strategist, the S&#38;P 500 has gained 94% over the last two years,the best bear market jump since the index closed at 676 on March 9, 2009. Nasdaq moved up 0.7% to finish at 2765.77. The fear gauge CBOE Volatility Index fell ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petrobras Brasileiro Scores Light Oil in Espirito Santo</title>
		<link>http://www.stockbloghub.com/2010/12/25/pbr-petrobras-brasileiro-scores-light-oil-in-espirito-santo/63514</link>
		<comments>http://www.stockbloghub.com/2010/12/25/pbr-petrobras-brasileiro-scores-light-oil-in-espirito-santo/63514#comments</comments>
		<pubDate>Sun, 26 Dec 2010 03:42:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=63514</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced the discovery of light oil in the country’s Espírito Santo Basin. The new well – the deepest find in the region – is expected to have an important bearing regarding further exploration activity in the prolific basin. Drilled to a total depth of 6,988 feet (2,130 meters), the 1-BRSA-882-ESS well, informally known as Indra, is located about 87 miles (140 kilometers) off the city of Vitória in the Espírito Santo state. Petrobras has a 60% operating interest in block BM-ES-32 (where the discovery was made), with the other partner being Norway’s StatoilHydro ASA (STO). As per initial analysis, both oil and reservoir quality is good though additional studies will be required to evaluate volumes, extent and productivity of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/25/pbr-petrobras-brasileiro-scores-light-oil-in-espirito-santo/63514/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(XOM) ExxonMobil to Dispose of $2 Billion In North Sea Assets</title>
		<link>http://www.stockbloghub.com/2010/12/14/xom-exxonmobil-to-dispose-of-2-billion-in-north-sea-assets/60259</link>
		<comments>http://www.stockbloghub.com/2010/12/14/xom-exxonmobil-to-dispose-of-2-billion-in-north-sea-assets/60259#comments</comments>
		<pubDate>Tue, 14 Dec 2010 20:59:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Energy XXI (Bermuda) Limited]]></category>
		<category><![CDATA[EXXI]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60259</guid>
		<description><![CDATA[According to a report by Sunday Times, oil major ExxonMobil Corporation (XOM) intends to dispose of its North Sea assets worth $2 billion Incorporatedluding its vast Beryl field, to focus more on other fast growing areas such as Brazil. The company declined to comment on the report, but confirmed that it plans to divest 100 petrol stations in Scotland. Regarding the North Sea divestiture plan, Exxon’s spokesman pointed out that the company intends to continue as a major investor in the North Sea region. In recent years, major oil companies such as BP Plc (BP), Royal Dutch Shell (RDSA), as well as Exxon are divesting their assets in the region, in order to focus on the areas such as Angola and the Gulf of Mexico (GoM). In September 2010, Exxon ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petroleo Brasileiro Announces A New Discovery of Light Oil</title>
		<link>http://www.stockbloghub.com/2010/11/22/pbr-petroleo-brasileiro-announces-a-new-discovery-of-light-oil/59989</link>
		<comments>http://www.stockbloghub.com/2010/11/22/pbr-petroleo-brasileiro-announces-a-new-discovery-of-light-oil/59989#comments</comments>
		<pubDate>Mon, 22 Nov 2010 17:07:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59989</guid>
		<description><![CDATA[Brazilian state controlled energy company  Petroleo Brasileiro (PBR) or Petrobras announced the discovery of light oil in sandstone reservoirs to the south of Santos Basin. However, the company did not disclose the estimated amount of oil found. As per the company spokesperson, the oil discovered was similar to those found in the accumulations of Tiro and Sidon. The exploratory well, situated in block S-M-1352 of the BM-S-41 Concession, is about 280 kilometers off the coast of the State of Sao Paulo and 15 km off the Tiro and Sidon region. The company continues to drill the well, with the objective of finding more reserves. Petrobras holds 100% interest in this concession and the transfer of 20% of the participation interest to Australia based Karoon Petroleum and Gas Company is under ]]></description>
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		<title>(XOM) ExxonMobil and Hess Drill Well Off Brazil</title>
		<link>http://www.stockbloghub.com/2010/11/15/xom-exxonmobil-and-hess-drill-well-off-brazil/59438</link>
		<comments>http://www.stockbloghub.com/2010/11/15/xom-exxonmobil-and-hess-drill-well-off-brazil/59438#comments</comments>
		<pubDate>Tue, 16 Nov 2010 04:54:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59438</guid>
		<description><![CDATA[ExxonMobil Corp. (XOM) and Hess Corp. (HES) started drilling the third well in an offshore Brazil Block, BM-S-22. Last year, the companies had failed with a dry hole in the same block. The block is situated in Santos Basin. Each of the companies hold a 40% interest, while Petroleo Brasileiro SA or Petrobras (PBR), Brazil’s state-controlled oil company, owns the remainder. Exxon said that the company is using Seadrill Ltd.’s West Polaris rig to drill the well in 2,272 meters (7,454 feet) of water in the Santos Basin. After earlier finding signs of oil at a well in the same block, Exxon failed to discover oil or natural gas at the Guarani well last year. Santos is the most prolific offshore area in Brazil, where extensive exploration and production activities ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/15/xom-exxonmobil-and-hess-drill-well-off-brazil/59438/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(CVX) Chevron Plans $7.5 Billion Gulf of Mexico Drilling Investment</title>
		<link>http://www.stockbloghub.com/2010/10/23/cvx-chevron-plans-7-5-billion-gulf-of-mexico-drilling-investment/56324</link>
		<comments>http://www.stockbloghub.com/2010/10/23/cvx-chevron-plans-7-5-billion-gulf-of-mexico-drilling-investment/56324#comments</comments>
		<pubDate>Sat, 23 Oct 2010 15:58:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56324</guid>
		<description><![CDATA[U.S. energy behemoth Chevron Corp. (CVX) has approved a multibillion-dollar deepwater project in the Gulf of Mexico (“GoM”), just days after the federal government decided to lift its drilling moratorium in the region. The company plans to invest approximately $7.5 billion to develop two large fields – Jack and St. Malo, located within 25 miles of each other, approximately 280 miles southwest of New Orleans in water depths of 7,000 feet. Chevron’s decision to go ahead with the offshore drilling complex, the largest investment in the GoM since British giant BP plc’s (BP) oil rig disaster in April, underscores the importance of the region to western oil companies. The Jack/St. Malo fields (estimated to contain a total of 500 million recoverable oil equivalent barrels) are situated in the Lower Tertiary ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PBR) Petroleo Brasileiro S.A. Reports Another Oil Find in Brazil&#8217;s Santos Basin</title>
		<link>http://www.stockbloghub.com/2010/10/17/pbr-petroleo-brasileiro-s-a-reports-another-oil-find-in-brazils-santos-basin/55334</link>
		<comments>http://www.stockbloghub.com/2010/10/17/pbr-petroleo-brasileiro-s-a-reports-another-oil-find-in-brazils-santos-basin/55334#comments</comments>
		<pubDate>Sun, 17 Oct 2010 20:22:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55334</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced the discovery of more light oil in the pre-salt reservoirs of the Tupi areain the country’s Santos Basin. The new well – the eighth in Tupi – reinforces the region’s potential of 5-8 billion barrels of recoverable reserves. Drilled to a total depth of 7,372 feet (2,247 meters), the 3-BRSA-839A-RJS (3-RJS-675A)well, informally known as Iracema Norte, is located in the Tupi Evaluation Plan area about 149 miles (240 kilometers) off the coast of Rio de Janeiro and 4 miles (6 kilometers) to the northeast of the Iracema well – 4-RJS-647. Petrobras has a 65% operating interest in block BM-S-11 (where the Tupi area is located), with the other partners being U.K’s BG Group and Portugal&#8217;s Galp Energia. Brazil ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/17/pbr-petroleo-brasileiro-s-a-reports-another-oil-find-in-brazils-santos-basin/55334/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(CVX) Crude Inventories Rise: September 22, 2010</title>
		<link>http://www.stockbloghub.com/2010/09/23/cvx-crude-inventories-rise-september-22-2010/52526</link>
		<comments>http://www.stockbloghub.com/2010/09/23/cvx-crude-inventories-rise-september-22-2010/52526#comments</comments>
		<pubDate>Thu, 23 Sep 2010 15:23:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[REP]]></category>
		<category><![CDATA[Repsol YPF SA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[SU]]></category>
		<category><![CDATA[Suncor Energy Inc]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52526</guid>
		<description><![CDATA[Crude inventories increased by 1.0 million barrels, for the week ending September 17, from the previous week to 358.3 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 15.0 million barrels per day during this period, 41 thousand barrels per day above the previous week&#8217;s average. U.S. crude oil imports were averaging 9.3 million barrels per day, up by 295 thousand barrels per day from the previous week. Upcoming Releases Initial Claims (09/23 at 8:30 AM EST) Existing Home Sales (09/23 at 10:00 AM EST) Leading Indicators (09/23 at 10:00 AM EST) Durable Orders (09/24 at 8:30 AM EST) (CVX), (XOM), (COP), (BP), (RDSA), (MRO), (TOT), (HES), (SU), (PBR), (REP) Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/23/cvx-crude-inventories-rise-september-22-2010/52526/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(SUN) Double-Dip Means Double Trouble for U.S. Refiners &#8211; Play the Gasoline Boom $$</title>
		<link>http://www.stockbloghub.com/2010/08/29/sun-double-dip-means-double-trouble-for-u-s-refiners-play-the-gasoline-boom/49571</link>
		<comments>http://www.stockbloghub.com/2010/08/29/sun-double-dip-means-double-trouble-for-u-s-refiners-play-the-gasoline-boom/49571#comments</comments>
		<pubDate>Sun, 29 Aug 2010 16:10:54 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Frontier Oil Corporation]]></category>
		<category><![CDATA[FTO]]></category>
		<category><![CDATA[HOC]]></category>
		<category><![CDATA[Holly Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49571</guid>
		<description><![CDATA[by David Fessler, Energy and Infrastructure Expert Friday, August 27, 2010: Issue #1333 Despite boasting just 5% of the global population, the United States goes through 25% of the world’s oil every year. That startling statistic is no secret – and it’s entirely understandable. After all, much of it relates to Americans’ love affair with their automobiles – one that dates back well over 100 years. And our gas-dependent ways have only increased over the past 15 years or so with the increasing popularity of large, powerful cars, SUVs and trucks. But the recession hit the auto industry hard. Truck and SUV-loving consumers drifted away from dealerships in droves. And the recession has dragged gasoline prices down, too. Today, U.S. gasoline usage is still languishing and prices are trending lower. ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(PBR) Petroleo Brasileiro S.A. Reports Profits Up &#8211; Earnings Beat Forecast</title>
		<link>http://www.stockbloghub.com/2010/08/17/pbr-petroleo-brasileiro-s-a-reports-profits-up-earnings-beat-forecast/48192</link>
		<comments>http://www.stockbloghub.com/2010/08/17/pbr-petroleo-brasileiro-s-a-reports-profits-up-earnings-beat-forecast/48192#comments</comments>
		<pubDate>Tue, 17 Aug 2010 20:47:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48192</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A., announced second quarter earnings of R$ 8.3 billion or R$ 0.95 per share, compared with R$8.2 billion or R$0.93 per share in the year-earlier quarter. Earnings per ADR came in at $1.07 (Exchange rate: US$1.00 = R$1.7695, 1 ADR = 2 shares), ahead of the Zacks Consensus Estimate of $1.03. Petrobras’ net operating revenues of R$53.6 billion was up 20.2% from the second quarter 2009 level. Positive comparisons are due mainly to improved crude prices amid strong domestic energy demand, robust volumes and lower operational costs. However, Petrobras could not match the soaring profit gains posted by other integrateds, such as ExxonMobil (XOM), Chevron Corp. (CVX) and Royal Dutch Shell plc. (RDSA). This was mainly on account of higher diesel fuel imports that ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petrobras Shares Are on Sale</title>
		<link>http://www.stockbloghub.com/2010/08/01/pbr-petrobras-shares-are-on-sale/45483</link>
		<comments>http://www.stockbloghub.com/2010/08/01/pbr-petrobras-shares-are-on-sale/45483#comments</comments>
		<pubDate>Sun, 01 Aug 2010 17:42:10 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=45483</guid>
		<description><![CDATA[by David Fessler, Energy and Infrastructure Expert Friday, July 30, 2010: Issue #1313 Oil. A touchy subject these days, I know – even with cleanup crews in the Gulf successfully removing much of the spilled oil from the water. But I don’t want to talk about U.S. oil in today’s article. Instead, we’re going to head south to check in on a company that has gained increasing international attention over the past several years, having made some of the world’s largest oil discoveries in recent decades. We’re heading to Brazil and the offices of oil and gas conglomerate, Petroleo Brasileiro (NYSE: PBR) – or Petrobras, as it’s more commonly known… Right off the bat, the company faces a problem: most of Brazil’s offshore oil is located between layers of salt ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(RIG) Oil &amp; Gas Industry Stock Review &#8211; July 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363</link>
		<comments>http://www.stockbloghub.com/2010/07/23/eia-oil-gas-industry-stock-review-july-2010-industry-outlook/44363#comments</comments>
		<pubDate>Fri, 23 Jul 2010 15:15:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[CLB]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Ensco International Inc]]></category>
		<category><![CDATA[ESV]]></category>
		<category><![CDATA[FMC Technologies]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[NE]]></category>
		<category><![CDATA[Noble Corporation]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PDE]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Pride International Inc]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44363</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, had been the main driver of the oil rally that saw the commodity zoom past the $85 per barrel level in late April/early May 2010. However, in recent days, concerns about the European debt crisis and China’s growth outlook have renewed apprehensions about the global growth and energy demand. As a result, oil prices have slumped to around $76 per barrel. Additionally, high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, has further dragged down crude prices, in our view. But far too many factors weigh on oil prices &#8212; from OPEC decisions and ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EIA) Oil &amp; Gas May 2010 Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/05/17/eia-oil-gas-may-2010-industry-outlook/37480</link>
		<comments>http://www.stockbloghub.com/2010/05/17/eia-oil-gas-may-2010-industry-outlook/37480#comments</comments>
		<pubDate>Tue, 18 May 2010 00:27:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[CLB]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[FMC Technologies]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[SU]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Suncor Energy Inc]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37480</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, has been the main driver of the oil rally that saw the commodity breaching the $85 per barrel level earlier this month. However, in recent days, concerns about the European debt crisis and China’s growth outlook have renewed apprehensions about the global growth and energy demand. As a result, oil prices have slumped to a 3-month low. Additionally, high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, has further dragged down crude prices, in our view. But way too many factors weigh on oil prices &#8212; from OPEC decisions and geostrategic tensions to the ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Analyst Downgrades to Neutral</title>
		<link>http://www.stockbloghub.com/2010/04/01/pbr-petroleo-brasileiro-s-a-analyst-downgrades-to-neutral/32519</link>
		<comments>http://www.stockbloghub.com/2010/04/01/pbr-petroleo-brasileiro-s-a-analyst-downgrades-to-neutral/32519#comments</comments>
		<pubDate>Thu, 01 Apr 2010 15:09:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32519</guid>
		<description><![CDATA[We are downgrading Petroleo Brasileiro S.A. or Petrobras (PBR) ADRs to Neutral from Outperform, as we are concerned by the significant increase in its downstream investment level in the face of a bearish refining margin outlook. Petrobras has pegged its 2010 capital budget at R$88.6 billion. Of this, R$34 billion will go towards the downstream segment, which is considerably higher than the earlier guidance. Considering the bearish refining margin environment that is likely to prevail over the coming 6 – 12 months, this remains a major risk going forward. Uncertainty over the capitalization timeline and the pending oil and gas regulatory framework also remain near-term headwinds, in our view. Unpredictable energy prices and government ownership/control adds to the downbeat sentiment. However, the company’s strong pipeline of development projects, impressive recent ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(FTI) FMC Technologies Analysts Maintain Neutral Rating</title>
		<link>http://www.stockbloghub.com/2010/03/27/fti-fmc-technologies-analysts-maintain-neutral-rating/31699</link>
		<comments>http://www.stockbloghub.com/2010/03/27/fti-fmc-technologies-analysts-maintain-neutral-rating/31699#comments</comments>
		<pubDate>Sat, 27 Mar 2010 21:07:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[FMC Technologies]]></category>
		<category><![CDATA[FTI]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31699</guid>
		<description><![CDATA[We are maintaining our Neutral recommendation on FMC Technologies Inc. (FTI) with a target price of $64. We like FMC Technologies’ diversified product portfolio, specialty service capabilities and proprietary technological expertise. A strong presence in the subsea systems market, growing international operations and the still-favorable outlook for the deepwater offshore markets are other positives in the FMC Technologies story. To date, FMC Technologies has remained relatively unscathed from the current economic downturn, as most of the company’s work contracts are with industry giants like Petroleo Brasileiro S.A. (PBR), StatoilHydro ASA (STO), and Total SA (TOT). The oil drilling equipment maker also maintains a healthy backlog that offers long-term earnings and cash flow visibility. Additionally, we believe order flow and backlog for subsea products and services will continue to be healthy ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/27/fti-fmc-technologies-analysts-maintain-neutral-rating/31699/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) Oil &amp; Gas Industry Stock Review &#8211; March 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/03/25/eia-oil-gas-industry-stock-review-march-2010-industry-outlook/31594</link>
		<comments>http://www.stockbloghub.com/2010/03/25/eia-oil-gas-industry-stock-review-march-2010-industry-outlook/31594#comments</comments>
		<pubDate>Thu, 25 Mar 2010 21:48:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[REP]]></category>
		<category><![CDATA[Repsol YPF SA]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31594</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level. But high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, will limit any sustained gains, in our view. Way too many factors weigh on oil prices &#8212; from OPEC decisions and geostrategic tensions to the value of the U.S. dollar and seasonal variables &#8212; to definitively size up each one of them for their respective impact on prices. For the week ending Mar. 5, the federal government’s Energy Information Administration (EIA) reported that crude ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/eia-oil-gas-industry-stock-review-march-2010-industry-outlook/31594/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Petroleo Brasileiro S.A. Fourth Quarter Profit Beats Estimates</title>
		<link>http://www.stockbloghub.com/2010/03/23/pbr-petroleo-brasileiro-s-a-fourth-quarter-profit-beats-estimates/31428</link>
		<comments>http://www.stockbloghub.com/2010/03/23/pbr-petroleo-brasileiro-s-a-fourth-quarter-profit-beats-estimates/31428#comments</comments>
		<pubDate>Tue, 23 Mar 2010 17:53:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31428</guid>
		<description><![CDATA[Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A. announced encouraging fourth quarter results, helped by rebounding oil prices and lower operating expenses. Earnings per ADR came in at R$1.86 ($1.04), comfortably ahead of the Zacks Consensus Estimate of 90 cents. For 2009, Petrobras earned R$6.60 ($3.67) per ADR, again beating our estimate of $3.27. The company’s strong fourth quarter results were in contrast to the year-over-year earnings decline suffered by other energy majors like ExxonMobil Corp. (XOM), Chevron Corp. (CVX), and Royal Dutch Shell PLC (RDSA). However, Petrobras’ net operating revenues of R$47.6 billion was down 8.6% from the fourth quarter 2008 level, reflecting lower domestic realizations for refined products that make up about half of Petrobras&#8217; sales. Upstream Total oil and gas production during the fourth ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/23/pbr-petroleo-brasileiro-s-a-fourth-quarter-profit-beats-estimates/31428/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($VLO) Oil &amp; Gas Industry Stock Review &#8211; March 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/03/23/vlo-oil-gas-industry-stock-review-march-2010-industry-outlook/31459</link>
		<comments>http://www.stockbloghub.com/2010/03/23/vlo-oil-gas-industry-stock-review-march-2010-industry-outlook/31459#comments</comments>
		<pubDate>Tue, 23 Mar 2010 17:41:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Helmerich & Payne Inc]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[Nabors Industries Limited]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[Patterson-UTI Energy Inc]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[PTEN]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[REP]]></category>
		<category><![CDATA[Repsol YPF SA]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31459</guid>
		<description><![CDATA[OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level. But high levels of product inventories (gasoline and distillate stocks remain above the upper boundary of the average range for this time of year), along with soaring commercial oil supplies, will limit any sustained gains, in our view. Way too many factors weigh on oil prices &#8212; from OPEC decisions and geostrategic tensions to the value of the U.S. dollar and seasonal variables &#8212; to definitively size up each one of them for their respective impact on prices. For the week ending Mar. 5, the federal government’s Energy Information Administration (EIA) reported that crude ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/23/vlo-oil-gas-industry-stock-review-march-2010-industry-outlook/31459/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ACGY) Acergy S.A. Analysts Maintain Outperform Rating</title>
		<link>http://www.stockbloghub.com/2010/03/19/acgy-acergy-s-a-analysts-maintain-outperform-rating/31358</link>
		<comments>http://www.stockbloghub.com/2010/03/19/acgy-acergy-s-a-analysts-maintain-outperform-rating/31358#comments</comments>
		<pubDate>Fri, 19 Mar 2010 22:52:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil and Gas Equipment and Services]]></category>
		<category><![CDATA[Acergy Sa]]></category>
		<category><![CDATA[ACGY]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31358</guid>
		<description><![CDATA[Acergy S.A. (ACGY) is a leading oilfield contractor engaged in the designing, procurement, building, installation and servicing of a range of offshore surface and sub-surface equipment for the oil and gas industry. In recent times, the company has successfully pursued a strategic shift towards the relatively high-margin deepwater markets (engineering and construction) that have braved commodity pricing and credit market turmoil. Deepwater drilling and subsequent construction activities are expected to get a further boost from the arrival of a large number of newbuild rigs in the coming years. Acergy is one of only four companies providing a wide range of offshore services globally. As such, it remains well positioned to capitalize on the positive outlook for demand in subsea engineering and construction services over the coming years. Acergy has been ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/19/acgy-acergy-s-a-analysts-maintain-outperform-rating/31358/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BP) BP Acquires Devon: Another Feather in This Oil Heavyweight’s Cap</title>
		<link>http://www.stockbloghub.com/2010/03/19/bp-bp-acquires-devon-another-feather-in-this-oil-heavyweight%e2%80%99s-cap/31304</link>
		<comments>http://www.stockbloghub.com/2010/03/19/bp-bp-acquires-devon-another-feather-in-this-oil-heavyweight%e2%80%99s-cap/31304#comments</comments>
		<pubDate>Fri, 19 Mar 2010 22:04:04 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Major Integrated Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Devon Energy Corporation]]></category>
		<category><![CDATA[DVN]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31304</guid>
		<description><![CDATA[Management at oil giant BP ADR (NYSE: BP) must firmly believe in the old adage “Better late than never.” Because after lusting after the natural resources off shore of Brazil for years, it’s finally joined the party. In BP’s largest deal in seven years, the company bought assets from the U.S. independent oil and gas company Devon Energy (NYSE: DVN). The deal involved BP paying $7 billion, plus a 50% interest in its Kirby oil sands leases in Canada. In return, Devon handed over the rights to sites in the Gulf of Mexico, both in Brazilian and Azerbaijan territory. Those properties are a perfect fit for BP. They give the oil maven total control over the giant deep-water Kaskida oil field in the Gulf of Mexico. BP already owned 70% ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) U.S. Consumer Price Index Remains Tame</title>
		<link>http://www.stockbloghub.com/2010/03/18/pbr-u-s-consumer-price-index-remains-tame/31205</link>
		<comments>http://www.stockbloghub.com/2010/03/18/pbr-u-s-consumer-price-index-remains-tame/31205#comments</comments>
		<pubDate>Thu, 18 Mar 2010 20:26:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[ABC]]></category>
		<category><![CDATA[AmerisourceBergen Corporation]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[ATP Oil & Gas Corporation]]></category>
		<category><![CDATA[ATPG]]></category>
		<category><![CDATA[CAH]]></category>
		<category><![CDATA[Cardinal Health]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31205</guid>
		<description><![CDATA[We got more evidence today that inflation is not a serious concern. The Consumer Price Index (CPI) was unchanged in February after five straight months when it had increased by only 0.2% per month. Overall consumer prices are just 2.1% higher than a year ago. If food and energy prices are stripped out to get “core&#8221; inflation, then inflation is also very tame, with core inflation up 0.1% in February, reversing a 0.1% decline in January and a 0.1% increase in December. Over the last year, core inflation has just been 1.3%, and most of that inflation happened earlier in 2009. Actually, food prices have been very well behaved, down 0.2% over the last year, but up slightly (0.1%, 0.2%, and 0.1%) in each of the last three months. Energy ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FCX) Producer Price Index Falls More Than Expected</title>
		<link>http://www.stockbloghub.com/2010/03/17/fcx-producer-price-index-falls-more-than-expected/30927</link>
		<comments>http://www.stockbloghub.com/2010/03/17/fcx-producer-price-index-falls-more-than-expected/30927#comments</comments>
		<pubDate>Wed, 17 Mar 2010 19:36:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Copper]]></category>
		<category><![CDATA[ATP Oil & Gas Corporation]]></category>
		<category><![CDATA[ATPG]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Encana Corporation]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30927</guid>
		<description><![CDATA[In February, the Producer Price Index (PPI) fell by 0.6%, a far bigger decline than the 0.2% drop expected by the consensus of forecasts. However, all of the decline came from a bigger-than-expected fall in Energy prices. The core index, which strips out the volatile food and energy components rose by 0.1%, which was in line with forecasts. The decline in the headline number only partially reversed the big 1.4% increase in January, which came on top of a 0.4% rise in December. Core prices have been much more stable (as is normally the case) with this month’s 0.1% rise coming on top of a 0.3% increase in January and an unchanged reading in December.  Unfortunately, energy prices, especially crude oil, have rallied so far in March, so the headline number for March ]]></description>
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		<slash:comments>0</slash:comments>
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	</channel>
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