All Posts Tagged With: "PBR"
(XOM) ExxonMobil to Dispose of $2 Billion In North Sea Assets
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...
(PBR) Petroleo Brasileiro Announces A New Discovery of Light Oil
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...
(XOM) ExxonMobil and Hess Drill Well Off Brazil
ExxonMobil Corp. (XOM) and Hess Corp. (HES) started drilling the third well in an offshore Brazil Block, BM-S-22. Last year, the companies...
(CVX) Chevron Plans $7.5 Billion Gulf of Mexico Drilling Investment
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...
(PBR) Petroleo Brasileiro S.A. Reports Another Oil Find in Brazil’s Santos Basin
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...
(CVX) Crude Inventories Rise: September 22, 2010
23Sep2010 | vitalstocks | 0 comments | Continued
(SUN) Double-Dip Means Double Trouble for U.S. Refiners – Play the Gasoline Boom $$
by David Fessler, Energy and Infrastructure Expert
Friday, August 27, 2010:...
(PBR) Petroleo Brasileiro S.A. Reports Profits Up – Earnings Beat Forecast
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...
(PBR) Petrobras Shares Are on Sale
by David Fessler, Energy and Infrastructure Expert
Friday, July 30, 2010: Issue...
(RIG) Oil & Gas Industry Stock Review – July 2010 – Industry Outlook
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...
(EIA) Oil & Gas May 2010 Industry Outlook
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,...
(PBR) Petroleo Brasileiro S.A. Analyst Downgrades to Neutral
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...
(FTI) FMC Technologies Analysts Maintain Neutral Rating
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...
(VLO) Oil & Gas Industry Stock Review – March 2010 – Industry Outlook
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 $80 per barrel level.
But high levels of...
(PBR) Petroleo Brasileiro S.A. Fourth Quarter Profit Beats Estimates
Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR), or Petrobras S.A. announced encouraging fourth quarter results, helped by rebounding oil prices and lower operating expenses. Earnings per ADR...
($VLO) Oil & Gas Industry Stock Review – March 2010 – Industry Outlook
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...
(ACGY) Acergy S.A. Analysts Maintain Outperform Rating
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...
(BP) BP Acquires Devon: Another Feather in This Oil Heavyweight’s Cap
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,...
(PBR) U.S. Consumer Price Index Remains Tame
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...
(FCX) Producer Price Index Falls More Than Expected
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...
(PBR) Petroleo Brasileiro S.A. Buys Brazil Block Stake From Repsol YPF and Statoil ASA
Petroleo Brasileiro S.A. (PBR) or Petrobras S.A. – the largest integrated energy firm in Brazil and one of the largest in Latin America – bought a 30% stake in an offshore oil block from Repsol...
(DO) Diamond Offshore Drilling Wins Major Contracts
Diamond Offshore Drilling Inc. (DO), a major contract driller, has received notifications of award for three term drilling contracts from Petrobras (
3Mar2010 | vitalstocks | 0 comments | Continued(CZZ) Shell and Cosan Strike A Sweet Deal
by Tony Daltorio, Investment U Research
Friday, February 5, 2010
With its newly announced partnership with Cosan ADR (NYSE: CZZ), the world’s third largest sugar producer,...
(CAM) Cameron International Shows Near-term Outlook Positive
Oil drilling equipment maker Cameron International Corp. (CAM) is scheduled to report its fourth-quarter results on Tuesday, Feb 9, 2010, before the start of trading.
The Zacks Consensus Estimate for...
(FTI) FMC Technologies in Subsea Deal With Petroleo Brasileiro S.A.
Oil drilling equipment maker FMC Technologies Inc. (FTI) announced the receipt of an $80 million contract from Brazilian energy giant Petroleo Brasileiro S.A. (
21Jan2010 | vitalstocks | 0 comments | Continued(EIA) Oil & Gas Stock Outlook – January 2010 – Industry 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 settling around the $80 per barrel level. But high levels of product inventories (particularly...
(XOM) ExxonMobil and Petrobras Makes Agreement Turkish National Oil Company
ExxonMobil Corporation (XOM) and Petrobras (PBR) through their affiliates entered into an agreement with Turkish National Oil Company, Türkiye...
(STD) Investing in Brazil: Two Ways to Profit From This Emerging Market’s Multiple Growth Trends
by Tony Daltorio, Investment U Research Team
Monday, January 11, 2010
Soccer… the Samba… and carnivals.
These are the things that spring to mind when you mention Brazil.
But these days, the country is increasingly considered an...
(SII) Smith International Gets Petrobras Contract
Smith International (SII) through one of its subsidiaries – PathFinder Energy Services – won a contract from Brazil’s oil giant Petrobras (
6Jan2010 | vitalstocks | 0 comments | Continued(RDSA) Royal Dutch Shell Steps in for Petrobras Stake
Royal Dutch Shell (RDSA) is keen to buy a 15% stake in Krishna Godavari (KG) basin block KG-DWN-98/12 from India’s Oil and Natural Gas Corporation (ONGC). This stake was previously owned by Petrobras...