|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.30 - 9.53|
|52 Week Range||6.96 - 10.73|
|PE Ratio (TTM)||26.42|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||10.89|
Brazil's state-controlled oil company Petróleo Brasileiro SA will review its pricing policy for liquefied petroleum gas , after a 70 percent price spike since June for the fuel which is widely used by ...
Blackstone Group has teamed up with its Brazilian partner to compete for Petroleo Brasileiro SA’s natural gas pipeline network in the country’s northeast, said people with knowledge of the matter.
SBM Offshore NV, a Netherlands-based maker of offshore oil drilling equipment, and its U.S. subsidiary, SBM Offshore USA Inc, agreed to settle criminal charges of bribing officials in five countries and pay a $238 million penalty, the U.S. Justice Department said on Wednesday. The companies agreed to settle charges related to schemes lasting more than a decade involving bribery of foreign officials in Brazil, Angola, Equatorial Guinea, Kazakhstan and Iraq, in violation of the Foreign Corrupt Practices Act (FCPA), the Justice Department said in a statement. SBM Offshore USA pleaded guilty on Wednesday in the U.S. District Court for the Southern District of Texas, the statement said.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Petrobras, BP, Stone Energy and Bill Barrett
Brazil's state-controlled oil company Petroleo Brasileiro SA and its partners began production in the pre-salt Libra block of the Santos basin on Sunday, a securities exchange filing showed. Petrobras ...
Bolivia's government on Tuesday signed natural gas development deals with Spain's Repsol (REP.MC), Brazil's Petrobras, Royal Dutch Shell (RDSa.L) and Pan American Energy that are expected to draw $1.6 billion (£1.21 billion) in investment and boost output. Repsol, Shell and Pan American Energy will participate in the Iniguazu consortium, while Petrobras will be a partner in the other two.
RIO DE JANEIRO/SAO PAULO (Reuters) - Brazilian police detained six people as part of an investigation into suspected bribery at a unit of state oil company Petroleo Brasileiro SA, prosecutors said on Tuesday, in the latest phase of Brazil's sprawling 'Car Wash' corruption probe. Police carried out eight search warrants related to the scheme at Petrobras, as the company is known. Prosecutors said illegal payments were made by a contractor to a former manager of Transpetro, a subsidiary of Petrobras.
RIO DE JANEIRO/SAO PAULO, Nov 21 (Reuters) - Brazilian police detained six people as part of an investigation into suspected bribery at a unit of state oil company Petroleo Brasileiro SA, prosecutors said on Tuesday, in the latest phase of Brazil's sprawling 'Car Wash' corruption probe. Police carried out eight search warrants related to the scheme at Petrobras, as the company is known. Prosecutors said illegal payments were made by a contractor to a former manager of Transpetro, a subsidiary of Petrobras.
Schroders U.K. doubts Lula will even be allowed to run, but if he does, investors will not be pleased with a Lula presidency this time around.
Brazilian state-controlled oil company Petroleo Brasileiro secures $1 billion in financing from a banking syndicate headed by Standard Chartered PLC.
Cenovus Energy is the biggest loser this week from the integrated energy sector. It has fallen from last week’s close of $11.26 to $10.17 on November 15.
Brazil oil giant Petrobras (PBR) reported disappointing third-quarter earnings on a steeper tax bill and lower sales volumes but had positive free cash flow for the 10th straight quarter.
Petrobras Chief Executive Officer Pedro Parente said he will meet this month with the CEO of China National Petroleum Corp in Brazil to discuss the details of their partnership to build a refinery complex in Rio de Janeiro. Parente told reporters on the sidelines of a conference in New York that the stake CNPC will have in the refinery is not yet defined. Discussions between Petroleo Brasileiro SA , as the company is formally known, and the Chinese company began last month.
Brazil's low-cost oil will help it compete in a tough market as it seeks to turn around its business, Petrobras CEO Pedro Parente said.