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Stock Market & Financial Investment News

News Breaks
November 26, 2012
18:33 EDTPBROGX acquires Petrobras' 40% stake in BS-4 block for $270M
OGX Petroleo e Gas Participacoes S.A. announced that it has entered into an agreement with Petrobras (PBR) to acquire a 40% participating interest in Block BS-4, located in the Santos Basin. The remaining concession rights for Block BS-4 belong to a consortium formed by Queiroz Galvao Exploracao e Producao SA, which holds the operatorship and a 30% participating interest, and Barra Energia do Brasil Petroleo e Gas Ltda., which also holds a 30% participating interest. These stakes remain unchanged. The acquisition price for OGX's 40% stake in the Block BS-4 was $270M.
News For PBR From The Last 14 Days
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July 22, 2015
06:59 EDTPBRPortugal joins Petrobras corruption probe, FT reports
A probe into alleged corruption at Petrobras is spreading internationally, with Portugal announced that it will help Brazil in its investigation of the company, the Financial Times reports. Portugal's move comes just after the U.S., Peru, Colombia, Ecuador, and Panama all said that are taking action in the investigation, the report says. Reference Link
July 21, 2015
10:34 EDTPBRHelix says in dialogue with clients to find ways to preserve contracted work
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July 17, 2015
18:14 EDTPBRPetrobras hires Citi, others to handle fuel distribution unit IPO, Reuters says
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July 15, 2015
05:52 EDTPBRStocks with implied volatility movement; PBR S
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