MercoPress. South Atlantic News Agency
Oil and gas exploration companies expected to cut capital expenditure 17%
The world's oil and gas exploration companies are expected to cut capital expenditures 17% this year as a deep slump in crude oil prices takes a toll on budgets, according to a survey by Cowen and Company released on Wednesday. Read full article
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Disclaimer & comment rulesPetrobras has become the largest producer of oil in the world among publicly traded companies, surpassing Exxon in the last quarter of 2014.
Jan 09th, 2015 - 10:42 am - Link - Report abuse 0ExxonMobil produced 2.065 million barrels of oil per day (bpd) in the third quarter, according to the balance sheet of the company, while Petrobras produced 2.209 million barrels / day in the same period.
http://www.brasil247.com/pt/247/relacoes_com_investidores/166003/Petrobras-supera-Exxon-e-vira-a-n%C3%BAmero-1-do-mundo.htm
Congratulations Petrobrás! Congratulations South America!
Could that be because ExxonMobile slowed production due to the decreasing price of oil?
Jan 09th, 2015 - 01:58 pm - Link - Report abuse 0PBR is still under 7, and its worth is a almost a rounding error when you compare it to Exxon Mobile.
ExxonMobile is worth more than a 1 year of Argentina's GDP
Silly monkey you should go back and swing in the trees.
Market Cap PBR 44 billion
Jan 09th, 2015 - 02:54 pm - Link - Report abuse 0Market Cap Mobil/Exxon 391 billion
Yeah....right....two peas in a pod.
So the United States is in frank decay!
Jan 09th, 2015 - 03:01 pm - Link - Report abuse 0I show production numbers, you show me speculation numbers!
hahaha
Yea well idiot brasshole. Exxon/Mobil is a private enterprise.....not the USA.
Jan 09th, 2015 - 03:22 pm - Link - Report abuse 0If you need production, go to someplace INDEPENDENT like Statbrain.
With 84 thousanad employees and 37 refineries and 72,000,000,000 barrels in oil reserves....compared to how much at the corrupt PBR? Exxon is geared to make money not lose it or pay bribes like PBR.
Brasshole you are living proof that your father should never have fucked your sister and his.
Swearing demonstrate your level of despair.
Jan 09th, 2015 - 06:52 pm - Link - Report abuse 0A video that shows another Brazilian company icon ...
https://www.youtube.com/watch?v=LvVsmOe4HUg
The only reason PBR is still barely teetering on bankruptcy is because the Gov't will guarantee their loans.
Jan 09th, 2015 - 09:53 pm - Link - Report abuse 0But wait for Brazil to be downgraded..
It should happen any time now
Plus the stock will drop like a rock when the SEC opens an investigation.
I will speak the same thing as I said earlier: Brazil is self-sufficient in everything.
Jan 09th, 2015 - 10:05 pm - Link - Report abuse 0You can block us!
https://www.youtube.com/watch?v=rM95GKgpLvM&list=LLmXPTu1f8AdGlizWNiASx2A&index=1
If the World blocked Petrobras, then Brazil will fail.
Jan 10th, 2015 - 01:52 am - Link - Report abuse 0Petrobras is the State/the State is Petrobras.
A socialist paradise, allegedly.
But the oil price is under $50 now.
How will you pay the bolsas familias?
If a US company, or multinational comany fails, a country does not collapse.
It does not affect anyone but the share-holders.
Brasileiro, you have no understanding of the real world.
Brazil is owned by the 'west'. Learn to live with the truth.
Good Luck eating 'bush-meat'.
Brazil is far from self sufficient. Where does this idiot come up with these delusions?
Jan 10th, 2015 - 12:26 pm - Link - Report abuse 0I think he must be drinking the toxic water in San Paulo.
“Water is going to become a luxury item, a status symbol to be flaunted.”
If they don't get the flooding rains this year they're doomed
:)
Do not be silly, yankee. Have you heard of Guarany Aquifer?
Jan 10th, 2015 - 02:16 pm - Link - Report abuse 01/3 of all drinking water in the world is located in Brazil. Have you heard of the Amazon Basin?
https://www.youtube.com/watch?v=3-5tlsMiVGA
Do you think I am making it up? Do you not live in Brazil?
Jan 10th, 2015 - 03:02 pm - Link - Report abuse 0http://www.scientificamerican.com/article/brazil-water-supply-crops-still-at-risk-a-year-after-epic-drought/
Most academics think that the deforestation over the last decade has permanantly changed the rain patterns and SP will continue to have severe droughts forevermore.
You do realize that large aquifer is owned by Argentina Paraguay and Brazil and that's really really really far form SP. Brazil can't afford to build the pumping stations and pipelines. Everyone in SP will be long dead before that will ever happen.
Right now they shut water off at night in SP and people in the highlands have none. The water would also be considered unsafe by civilized country standards.
I've long said that I think the retardation comes from bad water in Arg, Ven and Brazil.
The problem of São Paulo is another. Brazilian right parties have never built anything.
Jan 10th, 2015 - 03:25 pm - Link - Report abuse 0Sao Paulo has grown over the past 40 years.
The governors of São Paulo did not build the necessary infrastructure for the State of São Paulo and the city of São Paulo was prepared for times of drought.
Although Geraldo Alckmin also signed agreements with the federal government to help them in overcoming the problem.
My GOD@!!!! does Brasshole own stock in youtube or can't he read?
Jan 10th, 2015 - 04:21 pm - Link - Report abuse 0PBR has Puts going for 5.95..........a good indication of the direction of PBR.
Will Brazil bailout PBR, raise taxes before their coming extended recession or work on the Olympics?
Brasshole........is Fat Ass Dilma still harassing Biden for a state visit to the USA?
http://www.wsj.com/articles/brazils-inflation-rises-even-amid-low-growth-1420810133
Doesn't look good. I just interviewed a young woman from Brazil. We side tracked and she was telling me how bad it is in Brazil and how Dilma anad her party destroyed Brazil's potential as a world level player and they will need to start all over again after fat ass is out of office. Perhaps by then Brasshole will not be accessing the internet. He may be forced to learn to read and research.
On the day Dilma or any other Brazilian president stepping in the United States it will automatically lose my support. I guarantee it!
Jan 10th, 2015 - 04:34 pm - Link - Report abuse 0Millions and millions of Brazilians are with me.
United States and his Nazi government need to beg forgiveness from spied the Brazil!
Perhaps Obama will when Dilma is sucking his BBC.
Jan 10th, 2015 - 07:35 pm - Link - Report abuse 0Lolololololol.
Who is better at it Brasshole....you or she?
She.
Jan 10th, 2015 - 07:54 pm - Link - Report abuse 0Brazil has a chance then......lol
Jan 11th, 2015 - 01:53 am - Link - Report abuse 0Commenting for this story is now closed.
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