Tuesday, August 16th, 2011
Petroleo Brasileiro SA, Brazil’s state-controlled oil producer, posted a better-than-expected 32 percent rise in quarterly profit after oil prices surged and it accelerated drilling at its largest offshore crude discoveries.
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Friday, December 10th, 2010
Ecuador may seek investments in new oil fields from OPEC nations as they meet in Quito this week after seizing licenses from Petroleo Brasileiro SA, Noble Energy Inc. and other companies that declined to alter contracts.
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Friday, October 1st, 2010
Petroleo Brasileiro SA, the oil producer that raised $70 billion last week in the world’s largest stock sale, says Morgan Stanley exercised its right to sell additional shares because of strong demand.
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Thursday, September 23rd, 2010
Brazil is reclaiming part of the Petroleo Brasileiro SA stake it sold to investors a decade ago in a record $78 billion share sale today.
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Friday, September 3rd, 2010
Petroleo Brasileiro SA, Latin America’s largest company by market value, plans to raise as much as 129 billion reais ($75 billion) in the world’s largest share sale as it seeks cash to develop offshore oil fields. The shares rose 4.4 percent for the biggest gain since May.
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