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, 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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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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