From 30-year vows of chastity to William Pitt, test your knowledge with the Saturday quiz 1 Which PM said: “When I want to read a novel I write one”? 2 The Three Counties system is a 55-mile network of what? 3 Which British zoo has two giant pandas? 4 Whose priestesses took a 30-year vow of chastity? 5 The Dayak people are indigenous to which island? 6 Which organ is nearly 60% fat? 7 The USS St Lo was the first major warship sunk by what method? 8 Which “uncrowned king of Ireland” died in 1891? What links: 9 Cheshire cat; Griffin; One Ring wearers; Susan Storm? 10 Pliny; Cato; Pieter Bruegel; William Pitt? 11 Marilyn Monroe; Billie Jean King; Maxine Feibelman; Guy Burchett? 12 Sinopec; Rosneft; Petrobras; Saudi Aramco? 13 .ai; .bm; .fk; .gi; .ky; .ms; .tc? 14 The Playboy of the Western World; Peter Pan; Disgrace? 15 Talkative starling; digs for coal or gold; under 18? Continue reading…
The obstacle was price, says Prio''s chief operating officer
The obstacle was price, says Prio''s chief operating officer
IOCL''s pact with Petrobras was signed during petroleum secretary Pankaj Jain''s visit to Brazil last week. Petrobras will supply 1.7 million tonnes per annum to IOCL
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Petrobras is set to present its new strategic plan for the coming years in November, an executive for Brazil’s state-run company said on Wednesday, hinting it should be “consistent” with the current focus on offshore oil formation
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Petrobras is set to present its new strategic plan for the coming years…
Overwhelmed with negative economic news, investors are unsure whether to buy or sell growth stocks. Is it time to take a contrarian approach and buy growth stocks before the bull market returns? The following seven growth stocks defy the basic rule in investing that growth stocks tend to trade at lofty prices. They do however demonstrate growth in earnings per share, sales, and operating income, and free cash flow and valuations can be attractive. Forget the P/E ratios at triple digits that are absurd! Growth stocks can trade at attractive valuations, which is the best of both growth and value investment styles. Here are the best growth stocks to buy before the bull market returns. Growth Stocks to Buy Before the Bull Market Returns: Petrobras (PBR) Source: A.PAES / Shutterstock.com Petrobras (NYSE: PBR ), an oil and gas producer based in Brazil, is up 12% in 2022. The latest news has been very positive as “Petrobras smashed second-quarter profit and margin estimates, boosted by divestments and higher margins in its fuel and natural gas businesses.” Net income of 54.33 billion reais ($10.5 billion) was an increase of 26.8% year-over-year, beating the consensus estimate of 38 billion reais.
New Delhi: State-owned Indian Oil Corp. Ltd. has inked long-term oil provide contracts with Brazil’s Petroleo Brasileiro SA (Petrobras) and Colombia’s state-run Ecopetrol SA, boosting the nation’s vitality safety. The contract with Petrobras for 1.7 million metric tonne every year (mmtpa) was inked throughout India’s petroleum and pure fuel secretary Pankaj Jain go to to Brazil…
India, the world’s third-largest oil importer, plans to sign these long-term contracts as part of efforts to diversify its energy basket by importing crude oil from non-Opec sources
Petrobras is in a better position than ever before in terms of debt and valuation. Read why I think the PBR stock still represents a great long-term opportunity.
The new MoU will cut down India''s reliance on particular regions in terms of crude exports
New Delhi: In a landmark development to diversify crude oil sourcing for energy security in India, Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a…
India Business News: NEW DELHI: State-run Bharat Petroleum Corporation Ltd (BPCL) on Saturday signed an MoU with Brazilian national oil company Petrobras as part of its pl.
On Saturday, state-owned Bharat Petroleum Corporation Ltd (BPCL) reported that it had signed a pact with Brazil’s national oil company Petrobras for sourcing crude oil from the country as part of its plans to diversify its sourcing needs. Notably, BPCL imports a huge volume of crude oil (turned into petrol… The post BPCL Signs MoU with Brazil’s Petrobras to Diversify Crude Oil Sourcing appeared first on Equitypandit .
State-owned Bharat Petroleum Corporation Ltd (BPCL) on Saturday said it has signed an agreement with Brazilian national oil company Petrobras for sourcing crude oil from the Latin American nation as part of plans to diversify its sourcing needs. BPCL imports a large volume of crude oil which is turned into fuel such as petrol and diesel at its three oil refineries at Mumbai, Bina in Madhya Pradesh and Kochi in Kerala. The firm, which gets majority of its supplies from west Asian nations such as Iraq and Saudi Arabia, is looking to diversify its sources of supply in an attempt to cut down reliance on any particular region. Company chairman and managing director Arun Kumar Singh and Petrobras CEO Caio Paes de Andrade signed a memorandum of understanding (MoU) in Brazil, BPCL said in a statement. "The signing of the MoU will strengthen future crude oil trade relations between the two companies and explore potential crude import opportunities by BPCL, on a long term basis, especially .
Earlier, Mint reported on 16 September about India set to sign long-term contracts to procure at least 2 million tonnes (mt) of crude from Brazil’s Petroleo Brasileiro SA (Petrobras) and 1 mt from Columbia’s state-run Ecopetrol SA.
Next week’s elections in Brazil pose a challenge to Petrobras investors. Former President Luiz Inacio Lula da Silva, the front-runner, has vowed to use the company as a vehicle for national development. Incumbent Jair Bolsonaro, who’s fighting for a come-from-behind upset, is proposing the complete opposite, with plans to privatize the state-run giant.
New unit is expected to begin operations in the second half of 2023
Petroleo Brasileiro S.A.- Petro with ticker code (PBR) now have 11 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 20 and 13 with a mean TP of 16.44. Given that the stocks previous close was at 13.43 this would imply there is a potential upside of 22.4%. There is a 50 day moving average of 13.63 and the 200 day moving average is 13.3. The company has a market capitalisation of $84,126m. Find out more information at: https://petrobras.com.br [stock_market_widget type="chart" template="basic" color="green" assets="PBR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $102,980m based on the market concensus. Petróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons.
Helix Energy Solutions (HLX) +0.5% in Monday''s trading after saying its entered into a two-year extension of its well intervention charter and services contracts with Petrobras for the…
Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) traded at $13.17 at last check on Monday, September 19, made an upward move of 0.53% on its previous day’s price. Looking at the stock we see that its previous close was $13.10 and the beta (5Y monthly) reads 1.37 with the day’s price range being $12.85 – $13.14. … Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) Is The Among Hot Stock Right Now Read More »
Petrobras announced on Monday (Sept. 19) a 5.8% reduction in diesel price for distributors. The liter will drop from R$5.19 to R$4.89 at state-owned refineries starting Tuesday (Sept. 20). This is the third reduction in fuel prices in 46 days. In a statement, the state-owned company said the reduction follows the evolution of reference prices […]
SAO PAULO — Brazilian oil company Petrobras’ Chief Executive Caio Paes de Andrade has been diagnosed with cancer, local media reported. The executive has started treatment to fight a head and neck carcinoma, according to the reports, citing a Petrobras internal statement. Petrobras said in a note to Reuters on Friday that Andrade is starting […]
India had stopped sourcing crude via long-term contracts from Colombia’s Ecopetrol in 2015
Petrobras has in recent years sold off dozens of oil fields, as well as refineries, pipelines, gas station chains and other assets in a bid to reduce debt and focus on deepwater exploration and production.
SAO PAULO — Brazilian oil company Prio will continue to assess the purchase of some assets from state-owned Petrobras even after a deal for its Albacora offshore oilfield fell through, Prio’s finance chief told Reuters on Tuesday. Petrobras has in recent years sold off dozens of oil fields, as well as refineries, pipelines, gas station […]
In today’s recent session, 7.27 million shares of the Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) have been traded, and its beta is 1.51. Most recently the company’s share price was $13.52, and it changed around -$0.38 or -2.70% from the last close, which brings the market valuation of the company to $84.96B. PBR at last … Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) Stock Forecast: Bullish Signals Pointing To $19.50 In 2022 Read More »
SAO PAULO — Brazilian oil company Petrobras said on Monday it will cut liquefied petroleum gas (LPG) prices to distributors by 4.73% starting Tuesday. (Reporting by Peter Frontini Editing by Chris Reese)
© Reuters. FILE PHOTO: A man walks in front of the headquarters of Petroleo Brasileiro S.A. (Petrobas) in Rio de Janeiro, Brazil March 9, 2020. REUTERS/Sergio Moraes/File Photo By Tatiana Bautzer and Rafaella Barros SAO PAULO/RIO DE JANEIRO (Reuters) – Yara International (OTC:) ASA is close to acquiring the fertilizer unit put on sale by […] Exclusive-Norway’s Yara close to acquiring Brazil’s Petrobras fertilizer unit By Reuters
By Tatiana Bautzer and Rafaella Barros SAO PAULO/RIO DE JANEIRO (Reuters) – Yara International ASA is close to acquiring the fertilizer unit put on sale by state-controlled oil company Petroleo Brasileiro SA, known as Petrobras, two sources with knowledge of the matter said on Friday.
Brazilian state-run oil company Petrobras is studying a broader shakeup of its executive board after having tapped a new head of innovation, sources told Reuters on Monday.
RIO DE JANEIRO — Brazilian state-run oil company Petrobras is studying a broader shakeup of its executive board after having tapped a new head of innovation, sources told Reuters on Monday. New appointments by Petrobras’ CEO, Caio Paes de Andrade, may take place in the coming days, said the sources, who requested anonymity to discuss […]
Brazil''s state-owned Petrobras, the largest oil company in Latin America, announced Thursday (Sept. 1) a R$0.25 reduction in the price of gasoline for distributors. The price will drop from R$3.53 to R$3.28 (US$0.65) per liter. This is the third reduction announced by the Rio-based company in 30 days. The new price will be effective from […]
Brazilian antitrust regulator CADE on Tuesday approved the sale of Petrobras'' (PBR) REMAN refinery to Ream, but said the buyer would need to take measures to guarantee that other …
SAO PAULO (Reuters) – Brazil’s Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1.
Sao Paulo - Brazil''s main presidential candidates took their gloves off on Sunday and laid into each other in the first presidential debate for the October general election with accusations of corruption and threats to democracy. Incumbent far-right President Jair Bolsonaro, who has been heavily criticized for his handling of the Covid-19 crisis and attacks on Brazil''s voting system, is running against former president Luiz Inacio Lula da Silva, who left office with record popularity but was convicted of bribery in 2017. Bolsonaro said his leftist challenger led Brazil''s most corrupt government ever, citing the scandal over overpriced contracts with state-run oil company Petrobras. “Why do you want to return to power? To continue doing the same thing at Petrobras?” Bolsonaro said in the debate between six candidates on Band TV. Lula, the front-runner in the race who was president from 2003 to 2010, said his government should be remembered for doing the most to reduce poverty. “The country I left is a country that people miss, it''s the country of employment, where people had the right to live with dignity, with their heads held high,” Lula said. “This is the country that the current president is destroying”.
A-rated growth stocks are a great way to help ensure a profitable tomorrow, and everyone wants a profitable tomorrow. That’s one of the reasons why we invest – to build a nest egg to pay for our retirements, and to pass along wealth to our loved ones. Finding and buying A-rated growth stocks is one of the best ways to get there. Growth stocks are expected to provide better-than-average returns over the next several quarters or years. That’s to contrast with value stocks, which are stocks that trade at a price lower but more stable price. These A-rated growth stocks are intriguing because of their dynamic nature in outperforming the market and accelerating returns. My Portfolio Grader identifies the best growth stocks with solid momentum to keep those returns coming in – and help you create those profitable tomorrows. Here are seven A-rated growth stocks to buy now that fit the bill. ENPH Enphase Energy $288.59 RCMT RCM Technologies $17.75 CVE Cenovus Energy $19.30 COP ConocoPhillips $112.12 ON ON Semiconductor $71.58 SQM Sociedad Quimica Y Minera De Chile $104.83 PBR Petroleo Brasilieiro $104.83 Enphase Energy (ENPH) Source: IgorGolovniov / Shutterstock.com Enphase Energy (NASDAQ: ENPH ) has a forward price-earnings ratio of 80.6 which makes it seem extremely overvalued.
BRASILIA — President Jair Bolsonaro said on Friday he has authorized Minister of Mines and Energy Adolfo Sachsida to consider the privatization of oil company Petrobras next year, if the president is re-elected in October. “Sachsida has this idea. I gave him the green light to discuss privatization of Petrobras next year,” Bolsonaro said in […]
There are two main reasons why moving averages are useful in forex trading: moving averages help traders define trend recognize changes in trend. Now well have a look on, SMA50 … The post Dazzling stocks: Advanced Micro Devices, Inc. (NASDAQ:AMD 4.80%), Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR -0.75%) appeared first on Stocks Equity .
Brazil''s state-owned Petrobras, the largest oil conglomerate in Latin America, is the company that paid the most dividends worldwide in the second quarter of this year: R$87.8 billion (US$17.2 billion), R$6.732 per preferred and common share. The conclusion comes from the Global Dividend Index of Janus Henderson, a management company that manages US$299.7 billion. The […]
LONDON : Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and to a record quarterly high, data showed today (Aug 24). Oil and gas firms, including state-controlled giants in Latin America, accounted for more than two-fifths of the growth in dividend payments in the three months to end-June, according to fund manager Janus Henderson’s latest global dividend report. Banks freed from pandemic-era restrictions on dividends were behind a similar share of the growth in payouts, while consumer firms such as automotive manufacturers also shelled out more. In total, global dividend payments reached US$544.8 billion (RM2.4 trillion) in the second quarter, Janus Henderson calculated, up 11.3% on a headline basis year-on-year after companies slashed dividends during the Covid-19 pandemic. The payouts highlight how stellar a year companies enjoyed in 2021 as economies recovered, and how well corporate profitability has held up this year even as households are plunged into a cost-of-living crisis as inflation soars and fears of a global recession mount.
Brazilian national oil company Petróleo Brasileiro SA (Petrobras) saw falling natural gas demand and the need for fewer LNG cargoes for the second consecutive quarter as rainfall continued to replenish the nation’s reservoirs. Natural gas demand dropped to 56 million cubic meters/day (MMm3/d) in the second quarter, compared to 83 MMm3/d in the same period… The post Brazil’s Petrobras Seeing Continued Drop in LNG Imports, Natural Gas Demand appeared first on Natural Gas Intelligence
Brazilian national oil company Petróleo Brasileiro SA (Petrobras) saw falling natural gas demand and the need for fewer LNG cargoes for the second
There are two main reasons why moving averages are useful in forex trading: moving averages help traders define trend recognize changes in trend. Now well have a look on, SMA50 … The post Hypnotizing stocks: SoFi Technologies, Inc. (NASDAQ:SOFI -5.24%), Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR -3.87%) appeared first on Stocks Equity .
Sun, 2022-08-21 08:36 RIYADH: Oil prices steadied on Friday, but fell for the week on a stronger US dollar and fears that an economic slowdown would weaken crude demand. Brent crude futures settled at $96.72 a barrel, gaining 13 cents. US West Texas Intermediate crude ended 27 cents higher at $90.77. Both benchmarks fell about 1.5 percent on the week. Russia is China’s top oil supplier for 3rd month in July Main category: Business & Economy
SAO PAULO — Brazilian oil giant Petrobras said on Friday it had begun the non-binding phase of selling its refining assets. The assets to be sold by the state-run company include its refineries RNEST, REPAR and REFAP. (Reporting by Peter Frontini; Editing by Leslie Adler)
RIO DE JANEIRO — Shareholders in Brazil’s Petrobras have elected six government-affiliated nominees and two nominees affiliated with the market to serve on the company’s board, the state-run oil firm said on Friday. Overall, the number of board seats held by the state is unchanged, and the balance of power between the government and market […]
RIO DE JANEIRO — Shareholders in Brazil’s Petrobras have elected six government-affiliated nominees and two nominees affiliated with the market to serve on the state-run oil company’s board, three people familiar with the matter told Reuters on Friday. Overall, the number of board seats held by the state is unchanged, and the balance of power […]
Petrobras (PBR) -4.3% in Friday''s trading after Reuters reported that the valuation of refineries being sold by the Brazilian company could face additional pressure as the country''s…
RIO DE JANEIRO — The valuation of refineries being sold by Brazilian state-run oil company Petrobras might face additional pressure as the country’s oil regulator mulls banning the use of S500 diesel, sources familiar with the matter said. Brazil is expected to replace S500 with low-sulfur S10 diesel in the coming years, requiring large investments […]
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