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Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Restrained By Low Production

Boston, MA 12/12/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is the largest Latin American publicly traded oil company. The company is controlled by the Brazilian government and the market gives it a value of $87.66 billion. The company imports fuel and sells it at reduced domestic prices. And this is one of the […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Divesting Plan In Slow Gear

Boston, MA 11/27/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has a plan, a plan that could change its misfortunes in terms of declining profits in recent times. The company stated that it seeks to liquidate some of its foreign assets valued at $9.9 billion. Some of these assets are in Africa and Gulf of […]

Mounting Losses Push Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) To Seek New Pricing Scheme

Boston, MA 11/05/2013 (wallstreetpr) –  Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has to lobby for a review of fuel prices to contain its runaway costs. Following its dismal quarter posting, the state-run business has asked the government for a shift in the domestic fuel pricing. It is asking that gasoline and diesel prices be adjusted […]

A New Fuel Pricing Formula To Save Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)

Boston, MA 11/04/2013 (wallstreetpr) – It seems that government sees some sense in what state controlled energy giant Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) had proposed as a new pricing formula. The Brazilian head of the state Dilma Rousseff has agreed in-principle to all the company to raise domestic prices of various petroleum products and fuels based […]

Petroleo Brasileiro Petrobras SA (NYSE:PBR) rises despite recession in Q3 profits

Petroleo Brasileiro Petrobras SA (NYSE:PBR) has seen a rise in the ADR prices despite the fact that the Q3 profits went down by as much as 39%. The ADR rose up by 9% still riding on a 3 month rise of around 23% for the largest oil company in Brazil. Petroleo Brasileiro Petrobras SA had recently registered […]

Turbulent Times At Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)

Boston, MA 10/30/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) seems to be experiencing turbulent times in the energy sector especially after recording net earnings totaling $1.6billion decline of 39% as compared to the same quarter in F2012. The earnings fell relatively below analysts’ consensus driven by stagnant crude oil output. The company claims imports […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) ADR Rise 9% Despite Receding Q3 Profits

Boston, MA 10/29/2013 (wallstreetpr) – Despite a significant 39% drop in net third-quarter profits, ADR prices of Brazil’s state-owned petroleum and natural gas company Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shot up 9%, riding on a strong three-month overall rise of 23%. Brazil’s largest oil company Petroleo Brasileiro (Petrobras) registered receding net profit margins of $1.56 billion […]

Are the plans of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) effective if executed?

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is making effective plans in order to increase their business and also improve the condition of their company. Most of the assets of gas and oil producing of Petrobras are situated in Campos Basin. The Campos Basin is located in Brazil. And this is the area which is considered […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Tumbling Down

Boston, MA 10/22/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has everything going wrong at the moment. The Brazilian government for instance imposed some new regulations on all companies so as to keep the country’s inflation level below 6%. Due to these new regulations companies like PBR have suffered financially because of higher operating cost. […]

Workers Of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Went On Strike

Boston, MA 10/21/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), a Brazilian state-run oil company, suffered a huge havoc recently. The workers of the company went on a nationwide strike to protest the auction of a huge offshore oil field which is scheduled next week. It was mentioned by the Union officials of the National […]

Where Is Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Headed With $236 Billion Injection?

Boston, MA 10/14/2013 (wallstreetpr) –  Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), the world’s 10th largest business has little to show for its towering status these days. This Brazilian state-owned oil company is ailing and there have been several attempts to add more life to its wilting fortunes in the oil and gas industry. The troubles […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) operates in five segments

Boston, MA 06/17/2013 (wallstreetpr) – The share prices of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) had decreased by 4.40 percent to close at $15.64 per share for the end of last trading session on Friday. The openings price of the share is $16.27 per share, which is near to a 52 week low price. The shares […]

Petroleo Brasileiro approves $236.7 billion five-year plan

Boston, MA 03/18/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) a Brazilian oil company which aims to be among the top five integrated energy companies in the world by 2020, said that the company’s board has approved the 2013-2017 Business & Management Plan (2013-17 BP), with investments of $236.7 billion. Petrobras’ exploration and production […]

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