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PetrobrasPetrĂ³leo Brasileiro or Petrobras ( BM&F Bovespa: PETR3, PETR4 / NYSE: PBR, PBRA / BMAD: XPBR, XPBRA / MERVAL: APBR) is a semi-public Brazilian multinational energy corporation headquartered in Rio de Janeiro, Brazil. It is the largest company in Latin America by market capitalization and revenue, and the largest company headquartered in the Southern Hemisphere by market value.
Petrobras was founded in 1953. While the company ceased to be Brazil's legal monopolist in the oil industry in 1997, it remains a significant oil producer, with output of more than 2 million barrels (320,000 m3) of oil equivalent per day, as well as a major distributor of oil products. The company also owns oil refineries and oil tankers. Petrobras is a world leader in development of advanced technology from deep-water and ultra-deep water oil production. In September 2010 Petrobras conducted the largest share sale in history, when US$72.8 billion worth of shares in the company were sold on the BM&F Bovespa stock exchange. Upon the sale Petrobras immediately became the fourth-largest company in the world measured by market capitalization. |
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News
BTG Pactual snaps up Petrobras Africa stake for $1.53 bln
Sat, 15 Jun 2013 01:36:04 GMT
Brazil's BTG Pactual to pay $1.53 bln for Petrobras Africa stake
Fri, 14 Jun 2013 21:28:07 GMT
Interest rate rises hit bond issuance
Thu, 13 Jun 2013 17:26:36 GMT
Apple bonds lose 9 per cent in six weeks
Tue, 11 Jun 2013 08:53:20 GMT
EM groups turn to bonds rather than banks
Sun, 09 Jun 2013 18:08:41 GMT
New Zealand gets serious about oil
Sun, 09 Jun 2013 14:00:11 GMT
Brazil rejects S&P claim that policy has lost some credibility
Fri, 07 Jun 2013 15:22:29 GMT
Brazilian society: Politician adds edge to gender battle
Wed, 05 Jun 2013 22:39:53 GMT
Mauro Cunha on mission to restore value at Petrobras
Mon, 03 Jun 2013 16:51:23 GMT
Petrobras says it has rejected offers for Argentine assets
Sat, 25 May 2013 00:11:44 GMT
Brazil says Petrobras could raise capital for subsalt oil round
Tue, 14 May 2013 14:54:58 GMT
CNPC in Talks to Acquire Brazil's Barra Energia for $2 Billion
Wed, 08 May 2013 19:11:06 GMT
UPDATE 1-Petrobras, Chevron in talks to resume output at Frade field
Mon, 29 Apr 2013 18:27:49 GMT
Petrobras, Chevron in talks to resume output at Frade field
Mon, 29 Apr 2013 16:09:37 GMT
UPDATE 2-Petrobras profit down 17 pct, output drops, imports soar
Sat, 27 Apr 2013 02:31:28 GMT
UPDATE 1-Petrobras profit down 17 pct, output drops, imports soar
Fri, 26 Apr 2013 23:14:47 GMT
Petrobras posts 7.69 billion real quarterly profit, beats estimates
Fri, 26 Apr 2013 22:17:21 GMT
Teekay Offshore raises 1Q cash distribution
Thu, 18 Apr 2013 18:19:11 GMT
UPDATE 3-Petrobras mulls ventures with Batista; LLX shares rise
Tue, 09 Apr 2013 21:10:21 GMT
Petrobras says considering partnership with Batista's EBX
Tue, 09 Apr 2013 15:44:50 GMT




