NewsThread für Petrobras - 500 Beiträge pro Seite

[therealmurphy]

Hallo,
ich eröffne hier einen reinen Newsthread, wo man den interessierten Anlegern die neusten News zur Verfügung stellen kann.
Diskussionen bitte im Hauptthread weiterführen.

Viel Erfolg mit der Petrobrasanlage!

[therealmurphy]

Rio de Janeiro (Platts)--12Apr2006
Petrobras petrochemicals arm Petroquisa, along with partners from Citene
holding (Vicunha Textil, Polyenka and FIT), said late Tuesday they plan to
spend $490 million to build a purified terephthalic acid plant at Pernambuco
state in northeast Brazil.

Petroquisa said in a statement made to the Sao Paulo Stock Exchange, that
the plant will produce 550,000 mt/year of PTA with start-up planned for 2009.
Petroquisa said the venture would be a 50:50 partnership between itself and
Citene and apparently not Italian petrochemicals giant M&G, which is building
one of the world's largest PET plants nearby and had earlier expressed
interest in joining in the project to produce the required PTA feedstock.

Petroquisa, in the statement, however did not clarify how it was planning
to secure a smooth flow of gas to feed the PTA plant, an issue that has
complicated the project since its conception. A planned gas pipeline project
to bring natural gas to Pernambuco and other northeastern states has been put
on hold after estimates on its costs from China's Sinopec, which has a
contract to engineer it, have soared.

The announcement also follows Petrobas' plan, unveiled March 28, for a
$3.5 billion petrochemicals refinery for the southeastern Brazilian state of
Rio de Janeiro. This site may also include a large-scale PTA plant, Petroquisa
president Maria das Gracas Foster told reporters last month. She said the
southeastern facility, which could cover Brazil's supply needs until around
2012, might eliminate the need to build PTA capacity in the northeast. The M&G
PET facility will supply raw material for polyester and for packaging.

[Montypower]

Tolle News !!!!
Kurseinbruch

[therealmurphy]

Signature of the agreement for the construction of the Cabiúnas-Vitória Gas Pipeline
______________________________________________________________________________
(Rio de Janeiro, April 17, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4,
NYSE: PBR/PBRA, Latibex: XPBR/XPBRA], a Brazilian international energy company, announces that with the
purpose of increasing natural gas supplies and transportation capacity in Brazil, Petrobras and the Chinese stateowned
oil group, Sinopec, are signing today an engineering, procurement and construction agreement for the
Cabiúnas-Vitória (Gascav) gas pipeline. This is the first stretch of Gasene, the Southeast-Northeast Gas Pipeline,
which will interconnect carry natural gas suppliers in the Southeast and Northeast regions.
The Vitória – Cacimbas pipeline - 125 km long and already under construction - and the Cacimbas-Catu gas
pipeline, the longest stretch at 765 km and in the project phase, are also part of the Gasene project.
The contract is for US$ 239 million and involves the construction of the gas pipeline over a 15-month period as
from signature date.
Gascav will have a daily throughput of 20 million cubic meters, measures 28-inches in diameter, will be about
300km in length and will be constructed in three stages. Stretch A, 78 km in length, begins at the Cabiúnas
terminal on the northern seaboard of the state of Rio de Janeiro and ends at the delivery point in Campos de
Goytacazes (RJ). Here, stretch B begins - approximately 126 km in length -, ending at the future Piúma
compression station located on the coast of the state of Espírito Santo. The third stretch of the gas pipeline will run
about 96 km from the Piúma compression station to the pressure reduction station in the city of Serra (ES).
Gasene
The expansion of the transportation infrastructure is fundamental if the natural gas sector in Brazil is to reach the
market maturity stage. The Southeast – Northeast Gas Pipeline Interconnection is included among the projects
under Petrobras’ Strategic Plan, which envisages the allocation of capital expenditures of US$ 6.5 billion in the
next five years for the gas and energy segment. The Interconnection’s construction, made up of a total of 1,215 km
of pipelines, will allow the interlinking of gas imported from Bolivia and gas produced in the Brazilian Northeast and
Southeast with the consumer market in both regions.
Gasene will meet the shortfall in gas supplies to the Northeast Region, increase the distribution of Bolivian gas and
create new markets, notably between Cabiúnas in the state of Rio de Janeiro and Catu in the state of Bahia. Once
unveiled, the pipeline will also permit the monetization of existing and future gas reserves from the Campos,
Santos and Espírito Santo basins and provide greater flexibility for the redistribution of gas supplies to meet
eventual fluctuations in demand. For all these reasons, Gasene is fundamental to the consolidation of the Brazilian
natural gas industry by integrating the South, Southeast, Midwest and Northeast markets.

[therealmurphy]

Oil and LGN production in march,2006 was 1,746 thousand bpd, 0.7% below the volume produced in february,2006 (1,758 thousand bpd). The difference was, mainly, due to:
a) NGL production reduction in Campos Basin caused by an programmed shutdown of the Cabiúnas Liquid Recovery Unit (LRU);
b) NGL production reduction in Sergipe and Alagoas Unit (UN-SEAL) caused by an programmed shutdown of the Atalaia Natural Gas Processing Unit.
The gas production, without the liquid portion, in march,2006, was 1,651.3 Mmcfpd, 1.0% above the volume produced in february,2006 (1,635.7 Mmcfpd). The difference was, basically, due to the market demand
variations.



im vergleich zu den den letzten drei jahren sind wir im durchschnitt über den produktionen dieser jahre.
sehr gut sehr gut

[therealmurphy]

Monthly Production Highlights:
Crude Oil and NGL: The production in March has remained at the same level of February.
Natural Gas: The increase of 2.8% on the production over February is due to the increase of the production in Argentina and Bolivia.

[chapter12]

Petrobras awards 239 mln usd gas pipeline contract to China's Sinopec
SAO PAULO (AFX) - China's Sinopec (Nachrichten) will build a gas pipeline in Brazil under a 239 mln usd contract signed Monday with Petrobras, (Nachrichten) officials said.

Sinopec will design, engineer, supply and build in 15 months the 300

kilometer (185 mile) Gascav pipeline between the states of Rio de Janeiro and

Vitoria, to carry 20 mln cubic meters of gas daily.


Mal schauen wie die Börse darauf reagiert??

[chapter12]

Top NEWS:

19.04.2006 07:58
Brazil to declare oil self-sufficiency as new Petrobras platform launched
RIO DE JANEIRO (AFX) - Brazilian President Luiz Inacio Lula da Silva plans to announce on Friday that Brazil has become self sufficient in petroleum by producing enough oil to meet domestic demand, government officials said on Tuesday.

Lula will make the announcement during a visit to an oil platform in the Albadora Leste field, offshore of the state of Rio de Janeiro.

State oil company Petrobas said the launch of platform P-50, which pumps 180,000 barrels a day, will raise Petrobras's crude production by 13.4 pct in 2006, setting a new production record and ensuring Brazil's self-sufficiency for petrol needs.

The Albadora Leste field, discovered in 1986, has estimated reserves of 500 million barrels of oil.

Apart from oil, Brazil has increased production of fuel for cars by investing heavily in the development of ethanol from sugar cane.


Klingt auch nicht schlecht, oder?? - Vielleicht geht´s heute weiter, od. wurde es gestern bereits vorweg genommen??

[therealmurphy]

ja das hört sich gut an...
hier kommt noch ne news reingeflattert:

(Rio de Janeiro, April 18, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA], a Brazilian international energy
company, announces that it has discovered a new field of light oil in the Espírito Santo Basin,
the result of drilling of the 4-ESS-164A well. The find is located 12 kilometers to the northeast of
the Golfinho field. The estimated volume of the new discovery is approximately 280 million
barrels of oil equivalent (boe). Preliminary data suggests that the oil is of excellent quality.
The recent drilling of well prefix 4-ESS-160, also in the Espírito Santo Basin, has resulted in the
discovery of new accumulations of hydrocarbons, adjacent to the Golfinho field, with estimated
volumes of between 60 million and 80 million boe. Considering earlier estimates for the Golfinho
field indicated a volume of 250 million boe, this new find ramps up potential reserves in the field
to between 310 and 330 million boe.
Of the 17 wells drilled in the Espírito Santo Basin’s light oil province, 15 produced evidence of
hydrocarbons. This 88% exploration success ratio is symptomatic of the major potential in the
basin, where a further two exploratory wells are to be drilled before the end of the year. With
these two discoveries, potential light oil reserves in the Espírito Santo Basin already amount to
approximately 600 million boe.

[therealmurphy]

hmm hier noch mal die news ausm hauptthread, hatte ich leider da erst reingepackt...

das hört sich die tage mal wieder richtig gut an bei petrobras


(Rio de Janeiro, April 18, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA], a Brazilian international energy
company, announces that it has discovered a new field of light oil in the Espírito Santo Basin,
the result of drilling of the 4-ESS-164A well. The find is located 12 kilometers to the northeast of
the Golfinho field. The estimated volume of the new discovery is approximately 280 million
barrels of oil equivalent (boe). Preliminary data suggests that the oil is of excellent quality.
The recent drilling of well prefix 4-ESS-160, also in the Espírito Santo Basin, has resulted in the
discovery of new accumulations of hydrocarbons, adjacent to the Golfinho field, with estimated
volumes of between 60 million and 80 million boe. Considering earlier estimates for the Golfinho
field indicated a volume of 250 million boe, this new find ramps up potential reserves in the field
to between 310 and 330 million boe.
Of the 17 wells drilled in the Espírito Santo Basin’s light oil province, 15 produced evidence of
hydrocarbons. This 88% exploration success ratio is symptomatic of the major potential in the
basin, where a further two exploratory wells are to be drilled before the end of the year. With
these two discoveries, potential light oil reserves in the Espírito Santo Basin already amount to
approximately 600 million boe.

[therealmurphy]

Supplementary Pension Plan
______________________________________________________________________________
(Rio de Janeiro, April 19, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA], a Brazilian international energy
company, announces that following meetings with labor union representatives to reach an
agreement on the Company’s Supplementary Pension Plan, the Executive Board has made a
proposal designed to provide a fair solution for the current Petros Plan and the implementation
of a New Plan. Any eventual solution as an outcome to negotiations, will be subject to Board of
Directors’ approval.
The Company’s Executive Board has presented to the employee and assisted participants the
following proposal together with factors contingent to its feasibility and effective implementation:
1) Agreement with labor union representatives aiming at the settlement and extinguishment of
the matters raised in the legal proceedings, notably the Civil Action, on the questions involving
the Petrobras Group’s supplementary pension plan. The claims with respect to the matters to be
extinguished in the legal proceedings, under the proposal, would be resolved through the
calculation of their actuarial value, Petrobras assuming amortization of this value over 20 years,
contingent on the Plan’s liquidity conditions.
2) Revision of the method for supporting the cost of the Petros Plan, based on the contributory
parity criterion, transforming the contributions of the Sponsoring Companies into values equal to
those collected as contributions from employee and assisted members.
3) Negotiation of a financial incentive to employees and assisted participants pursuant to
demands from the labor union representatives, as a quid pro quo for the transaction which
provides for the renegotiation of the current Plan with respect to the readjustment in benefits.
The current stage of negotiations does not allow any definition of whether there will be material
changes in actuarial liabilities and results posted in Petrobras’ financial statements. Such
impacts will be evaluated, recognized in the accounts and notified to the market once the
proposal as been finalized.
For Petrobras to make these actions and commitments feasible and effective, the following
conditions are mandatory:
a) implementation of the new Petros Plan-2 adopting the variable contribution standard;
b) overwhelming individual acceptance on the part of members, with the object of
achieving full adhesion, among employee and assisted members, concerning:
b1) renegotiation of the Petros Plan Regulations, with respect to the manner of the
readjustment of benefits and retirement pensions and pensions;
b2) extinguishment and settlement of litigation with respect to the matters related to
judicial agreements in question.
The New Supplementary Pension Plan is based on the Variable Contribution – VC model, with
the capitalization of funds through individual accounts. Retirement pensions are established as
a function of the balance in the account in addition to providing coverage for social security risks
(disability and death during active employment) and options for payment of lifetime benefits,
with a provision for transferring certain pension rights to dependents upon the death of the
principal member, or in accordance with a fixed term system.
In short, should the foregoing conditional elements be accepted, the proposal will offer the
opportunity to:
a) settle Petros Plan’s current technical liability;
b) extinguish current legal proceedings
c) improve the financial robustness of the Petros Plan; and;
d) implement a new supplemental social security plan.
We once again emphasize that the proposal seeks, through a combined effort, to strengthen the
Company’s Supplementary Pension Plan and that the once negotiated and presented to the
employees, the proposed plan must be submitted and approved by the Board of Directors, and
appropriate authorities.
For Petrobras, the proposed adjustment of this Model is fundamental for its future administration
to remain attractive, self-sustaining and strengthened as a key instrument in the management of
staff in the Group’s companies.
Established in 1970, on December 31 2005, the Petros Plan reported an unfounded technical
liability of R$ 4.5 billion (R$ 5.2 billion in 2004) in the balance sheet of Fundação PETROS. Isto
não implica que há problemas de solvência no curto e médio prazo. This déficit reflects the
difference between Petro’s actuarial obligations and its guarantees and was reduced in 2005 as
result of the yield of its assets exceeding its actuarial target..
We would also note that Petrobras continues to pursue an active hiring program, to date,
representing 13,000 admissions since 2002. These new hirings are not registered with the
supplementary pension plan, but are covered by a group life insurance policy, the cost of which
is borne by the Company. In addition, Petrobras plans to hire a further 9,000 employees over
the next three years, in line with its strategies for 2015, thus making the implementation of the
new plan increasingly necessary.

[chapter12]

das sollte uns auch nachhaltig weiterhelfen!

Top News wie ich finde. dazu noch die news über die öl und bezinreserven. und könnte noch ein guter monatsausklang bevorstehen.



Petrobras announces 2 new light crude oil finds in southeast Brazil
RIO DE JANEIRO (AFX) - Brazil's state oil company Petrobras (Nachrichten) announced two new discoveries of light crude oil in the Espirito Santo basin off the southeast coast, just days before the government is due to announce the country is self-sufficient in oil.

One of the new discoveries, 12 km from the Golfinho field, has estimated reserves of 280 mln barrels of oil equivalent (boe). It is an excellent quality, light crude, measured at 38 degrees on the API density scale, Petrobras said.

The other find, adjacent to the Golfinho field, has estimated reserves of between 60-80 mln boe.

Estimates of the level of reserves in the Golfinho oilfield have been raised to 310-330 mln boe from 250 mln.

Of the 17 exploration wells drilled in the light crude oil zone in the Espirito Santo basin, 15 have led to finds of oil. Two further drillings are to be made by the end of the year. In total, the reserves in the zone have already reached 600 mln boe.

[therealmurphy]

Petrobras concluded acquisition of Shell’s assets in Colombia
__________________________________________________________________
(Rio de Janeiro, April 28, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS,
[Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA:
PBR/PBRA]], a Brazilian international energy company, announces that concluded on
April 28th the acquisition of Shell’s assets in Colombia associated to fuel distribution and
trading. The acquisition comprises 39 service stations and convenience stores in Bogotá
and surroundings; a storage base and a lubricants mixing plant in Puente Aranda,
besides a terminal in Santa Marta.
The service stations will operate, as of this day, under Petrobras’ responsibility. Shell’s
flag will be replaced within a six-month-term, when the image of all stations shall be in
accordance with Petrobras’ standards. All the current labor force will be used.
Petrobras has been operating in Colombia since 1972. In 2000, it made the biggest
discovery registered within the last 15 years in the country, when it discovered oil in the
Guando Field. In 2004, it enlarged even more its participation in the Colombian energy
sector when it entered into an agreement for exploring Tayrona’s giant block, in deep
waters. It launched, in July 2005, Petrobras’ lubricants line – Lubrax.
This deal is part of a package that also comprises purchases in Paraguay and Uruguay,
in an operation totalizing around US$ 140 million. The total investment shall be known
after the business has been concluded in all three countries.
This operation is aligned with Petrobras’ Strategic Plan with a view to consolidate itself
as an integrated energy company besides acting with strong international representation
and exert leadership in Latin America.

[therealmurphy]

NEW DELHI, APRIL 27: Oil and Natural Gas Corp (ONGC) has offered the Brazilian national oil firm Petroleo Brasileiro sa (Petrobras) a equity stake in its upcoming greenfield refineries. The State-owned Indian explorer is also talking to Petrobras for a technical pact on producing ethanol doped fuel, the company chairman and managing director Subir Raha said on Thursday. "We have initiated dialogue with Petrobras for possible cooperation in technology and equity," he said.
ONGC plans to build a new 15 million tonne refinery near its 9.96 million tonne Mangalore Refinery and Petrochemicals Ltd (MRPL) in Mangalore and 7.5 million tonne refineries at Kakinada in Andhra Pradesh and Barmer in Rajasthan.

"We believe India, like Brazil, needs to develop ethanol technology," Mr Raha said, adding ONGC was looking at using ethanol, extracted from sugarcane, as input from design stage. Presently, 5% ethanol is doped in petrol after the fuel exits refineries in India. The doping is being done to cut the country's import dependence.

Brazil mixed up to 20% ethanol in fuel and India was looking at technology to mix ethanol in diesel, which constitute 40% of the total fuel basket.

[therealmurphy]

NEW YORK (Dow Jones)--Morgan Stanley on Monday started coverage of Brazilian oil company Petroleo Brasileiro SA (PBR), or Petrobras, with an overweight rating and price target of $115, saying the company's growth and return profiles are positive.

"Petrobras dominates Brazilian markets for petroleum, with growing, profitable positions overseas as well. Its strategy has been successful and involves leading petroleum markets in Latin America, as an integrated energy company, with selective expansion in international markets," Morgan Stanley said.

Petrobras' profits are likely to rise 5% to 6% per year between 2006 and 2008, with returns on capital near 15% for the period, the Wall Street firm added.

Exploration and production is the company's engine of growth, Morgan Stanley said.

"Significant gains appear likely from various basins in Brazil, with contributions from Venezuela and Nigeria as well," it said.

[therealmurphy]

(Rio de Janeiro, May 19, 2006) - PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian
international energy company, announces to shareholders that it will effect the dividends and
interest on own capital payment, on May 23, 2006, based on the adjusted result for the fiscal year
ending December 31 2005, to holders of the total common and preferred shares outstanding on
April 3, 2006, in accordance with the Ordinary General Meeting of Petrobras, held on April 3, 2006,
as follows:
DIVIDENDS AND INTEREST ON OWN CAPITAL
Value in Reais (R$)
Adjusted by
SELIC rate
Total on
May 23 06
Principal rate
0.3500 0.0215 0.3715 Paid in the form of dividends
0.2500 0.0154 0.2654 Paid in the form of interest on equity
0.6000 0.0369 0.6369
Interest on equity of R$ 0.25 will be subject to 15% withholding tax while the value of R$ 0.0369,
corresponding to the variation in the SELIC rate between December 31 2005 and May 23 2006 will
be subject to 22.5% withholding tax. The above-mentioned Withholding Tax is not applicable
to tax immune or exempt shareholders.
1. INSTRUCTIONS FOR CREDITING
Banco do Brasil S.A., as the depository institution for the book entry shares, will effect
payment.
1.1 – The shareholders with current accounts held with Banco do Brasil S.A., or with other banks
duly advised by shareholders, will automatically be credited amounts due on the payment date.
1.2 – In the case of those shareholders where registration information does not contain details of
“Bank/Branch/Current Account”, the payment will only be credited upon updating information in
Banco do Brasil S.A.’s electronic files through those branches authorized to provide shareholder
services.
1.3 – The interest on own capital payment corresponding to the shares held in deposit by the
Stock Exchanges’ Fungible Custody Service will be credited to the respective Stock Exchanges
through member BROKERAGE HOUSES responsible for paying the respective shareholders.
1.4 – Shareholders with bearer shares should personally contact one of Banco Brasil S.A.’s
branches presenting Brazilian tax register number (CPF), identity documents, residence voucher,
together with share certificates and respective coupons allowing the latter to be converted into
book entry form for subsequent payment. Also, in this opportunity, bank account information could
be updated for credit of due remuneration.
1.5 Payment in connection with the American Depositary Receipts (ADRs) traded on the New
York Stock Exchange - NYSE will be made through Citigroup, depositary bank for the ADRs.
Information concerning date of payment and any other additional information may be obtained
by telepone 1 - 877 - CITIADR (248-4237).
2. SHAREHOLDER SERVICES
More detailed information may be obtained by calling – BB call center service –
0800 78 5678 (in Brazil) or any Banco do Brasil branches.
3. FINAL INFORMATION
Rights to interest on own capital payments unclaimed within 3 (three) years as from payment date
(May 17, 2005), will lapse and revert in favor of the Company (Law 6404/76, Article 287,
Subsection II, Item a).
We would remind all shareholders as to the importance of maintaining personal details
current, since payments can only be effected to shareholders with either fully up-dated
registration details or holding a current account at any bank and duly registered with Banco
do Brasil S.A. (the Institution administering Petrobras’ Book Entry Share System). To
ensure that details are fully up to date, please contact any Banco do Brasil S.A. branch with
all personal documentation.

[therealmurphy]

Petrobras develops new technology for the production of diesel oil
__
(Rio de Janeiro, May 18, 2006) - PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4,
NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy
company, with a strong focus on social and environmental responsibility, announces that it is testing a new
process , denominated H-Bio, incorporating vegetable oils for the production of diesel oil at its refineries.
H-Bio is a refining process that utilizes vegetable oils as an input, in order to obtain diesel oil, and involves
the hydrogenation of a blend of vegetable oils. This technology has been developed by the Petrobras
Research Center over the last eighteen months. Recent industrial tests, conducted at the Gabriel Passos
Refinery (Regap), confirm the technical feasibility of the process, and a patent application has already been
submitted to the INPI (National Institute of Industrial Property).
The chief benefits of this new industrial process are that it:
• allows the use of vegetable oils from a variety of sources;
• doesn’t produce waste requiring special disposal;
• produces a higher quality of diesel oil;
• complements the biomass usage program in the country’s energy framework, yielding
environmental benefits and promoting social inclusion.
• introduces flexibility in the load composition for the Hydrogenation Unit and optimizes the utilization
of diesel oil fractions at the refinery;
• offers the prospect of minimal vehicle and lab testing, since the final product – diesel oil – is already
used by the Brazilian vehicle fleet;
• requires only normal handling and storage.
It is important to note that the new process does not compete with the refining of oil to obtain diesel oil, nor
with the biodiesel program, as these are all complementary initiatives, aimed at increasing the country’s
supply of diesel oil.
Certain details need to be developed further, in order to make commerial production of H-bio economically
viable.

[therealmurphy]

Petrobras expands its presence in Angola
_________________________________________________________
(Rio de Janeiro, May 17, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa: PETR3/PETR4,
NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian international energy company,
informs that following a tender bid organized by the Angolan state oil company, Sonangol, it successfully obtained a
stake in 3 Angolan exploratory blocks, namely blocks 6, 26 and 15. Petrobras is to be the operator for blocks 6 and
26.
In the case of the shallow-water block 6, the work to be carried out by Petrobras over the next four years will focus
on establishing the economic feasibility of a hydrocarbons reservoir originally discovered about twenty years ago
as a result of special technology developed by the Company’s Research Center - CENPES, and investigating
further exploratory prospects for drilling and expansion of reserves.
Block 26, located in the deep waters of the Benguela Basin in southern Angola, is at the current exploratory frontier
where the Company is to conduct exploratory drilling over the next few years. These operations will be based on
the integration of geological and geophysical data and analogies with hydrocarbons models for the west coast of
Africa and the east coast of Brazil.
Block 15 is constituted by an area not yet investigated in Angolan deep-waters. This area is located in a perimeter
which has oil fields with reserves of about 3.5 billion barrels and production of about 600 thousand barrels of
oil/day. The new area therefore has major potential for new discoveries and has generated considerable interest
and competition among the oil companies.
O bloco 15 constitui-se de uma área ainda não investigada em águas profundas angolanas. Tal área situa-se em
perímetro que compreende campos de petróleo com reservas da ordem de 3,5 bilhões de barris e produção da
ordem de 600 mil barris/dia, e, portanto, tem grande potencial para novas descobertas, tendo despertado grande
interesse e forte competição entre as empresas petrolíferas.
Present in Angola since 1979, Petrobras currently has a stake in Block 2, with its own production of 6,500
barrels/day and exploratory activities in the deep water Block 34.
The inclusion of the three new exploratory blocks in its portfolio is closely aligned to the Strategic Plan and
represents a new phase in the Company’s business in Angola, where it will now take on a new role as operator.
Petrobras’ activities in Angola are summarized below:
Block Participation (%) Characteristics
2 27.5 Production
34 30 Exploratory
6 40 Exploratory. Operator
26 80 Exploratory. Operator
15 5 Exploratory

[therealmurphy]

Increasing the Supply of Natural Gas
______________________________________________________________________________
(Rio de Janeiro, May 18, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian
international energy company, announces that it presented to the CNPE (National Energy
Policy Board) today a plan to increase the supply of natural gas to the southeast of Brazil. The
target is to raise production, from the current 15.8 million m3 per day, to 40 million m3 per day
by the end of 2008.
Petrobras will accelerate the development of two new oil and gas fields in Espírito Santo (1-
ESS-164 and 1-ESS-130). The company also intends to increase the supply of gas from the
Marlim field, in the Campos Basin, and expand gas production from the Merluza field, in the
Santos Basin.
These new investments will be included in the company’s annual review of its Business Plan,
which will be released to the market when approved.

[therealmurphy]

MINUTES OF THE EXTRAORDINARY MEETING
The Board of Directors of Petróleo Brasileiro S.A. – PETROBRAS summoned Shareholders to an
Extraordinary General Meeting held on May 22, 2006, at 3:00 pm in the auditorium of the
Company's head office building at Av. República do Chile, nº 65, 1st floor, in the City of Rio de
Janeiro (RJ), which deliberated upon and approved the following agenda item:
I. In view of the occurrence of a subsequent event in the form of the CVM’s (Brazilian
Securities and Exchange Commission) opinion contained in the extract of the Meeting of the
CVM’s Board of Commissioners minutes 19/06, and notified to Petrobras by
OFÍCIO/CVM/SEP/GEA-2/208/2006 dated May 19 2006 in reply to the Consultation made by
PETROBRAS and PETROQUISA – CVM Process RJ/2006/3160, refusing authorization of
the exchange ratio that would be effective in the event of using the book value for the
purposes of the operation for incorporating shares of the subsidiary, Petrobras Química S.A.
– PETROQUISA, pursuant to article 264 of Law 6.404/76, the proposal made by the
President of the Meeting to suspend this EGM for ten days was approved by the majority of
the shareholders in accordance with the vote of the Federal Government representative in
order that (1) the complete terms of the above mentioned decision could be examined; (2)
the CVM’s decision could be submitted to the management bodies and, if necessary, the
Fiscal Council, obtaining from these same bodies, opinions on the new conditions for the
operation for incorporating the shares of PETROQUISA by PETROBRAS; and (3) this
General Meeting may be resumed on June 1 2006 at 3:00 p.m.

[therealmurphy]

Thursday, 11. May 2006, 15:51
Unternehmen: Petrobas (Petroleo Brasileiro)

La Paz

Der Chef des staatlichen bolivianischen Energieunternehmens Yacimientos Petroliferos Fiscales Bolivianos sagte heute, dass Petrobras und die spanische Repsol entschädigt werden müsse. Nun meldete sich der bolivianische Präsident Morales zu Wort und sagte, dass die beiden Unternehmen nicht entschädigt würden.

Auf einer Pressekonferenz in Wien sagte Morales:"Es gibt keinen Grund die Unternehmen zu entschädigen. Wir brauchen Partner und keine Chefs, die unsere Vorkommen ausbeuten. Wir werfen niemanden raus. Sie können aber nicht die Eigentümer sein."



Morales trifft sich heute mit Vertretern der Europäischen Union und Führern lateinamerikanischer Länder.

[therealmurphy]

Tuesday, 16. May 2006, 18:21
Unternehmen: Petrobas (Petroleo Brasileiro)
Sao Paulo
Die brasilianische Petrobras gab heute bekannt, dass das Unternehmen bis zum Jahr 2010 16 Mrd. USD in den Gassektor investieren will. Damit will das Unternehmen die Abhängigkeit Brasiliens von bolivianischem Gas verringern. Bolivien hat vor zwei Wochen mit der Verstaatlichung seines Gassektors begonnen und verlangt nun die Verhandlung neuer Preise, die die dort tätigen Unternehmen zu zahlen haben

[kapitalverbrecher]

Antwort auf Beitrag Nr.: 21.767.255 von therealmurphy am 24.05.06 00:03:55

Hab folgende News gefunden:
Petrobras erhält 900 Mio. USD Kredit
Wednesday, 24. May 2006, 08:27
Unternehmen: Petrobas (Petroleo Brasileiro)

(www.emfis.com) 23.05.06

Rio de Janeiro

Wie die brasilianische Petrobras mitteilte, hat das Unternehmen einen Kredit in Höhe von 900 Mio. USD von verschieden internationalen Banken erhalten, um seine wichtigsten Raffinerien zu modernisieren. Petrobras will mit der Raffinierung von Schweröl beginnen, dies leisten die Raffinerien bisher jedoch nicht. Das Unternehmen importierte bisher den Großteil des Öls aus dem Nahen Osten, dort wird überwiegenden leichtes Öl gefördert.

:lookas heisst, sie sind bestrebt, sich vom Nahen Osten zurückzuziehen, oder?

Rund 54 % des Kredites kommen von der japanischen Bank für Internationale Kooperation, andere Geldgeber sind die Tokyo Mitsubishi, die Sumitomo-Mitsui, Paribas und die Societe Generale.

[kapitalverbrecher]

Ich weiß nich, ob das unsere Petrobras beflügelt hat, aber immerhin.
Jetzt exportieren sie schon

Petrobras verkauft Öl für 500 Mio. USD an Puerto Rico
Monday, 29. May 2006, 10:12
Unternehmen: Petrobas (Petroleo Brasileiro)

(www.emfis.com) 29.05.06

Rio de Janeiro

Die brasilianische Petroleo Brasileiro SA hat vereinbart, der Puerto Rico Electric Power Authority Öl im Wert von 500 Mio. USD zu liefern. Petrobras wird 9,5 Mio. Barrel von Juni 2006 bis Mai 2007 liefern. Das Öl wird zum Betreiben eines Heizkraftwerkes genutzt.

[therealmurphy]

so in der zwischenzeit gab es natürlich genügend meldungen von petrobras. deren wirkung man im kurs gut sehen kann..

ich versuche nach meiner pause mal wieder bischen von den news hier zu posten..


Petrobras acquires additional participation and
will operate fields in the Gulf of Mexico
_________________________________________________________________________
(Rio de Janeiro, August 15, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS,
[Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA:
APBR/APBRA], a Brazilian international energy company, announces that Petrobras
America Inc., a wholly owned subsidiary of Petróleo Brasileiro SA, based in Houston (TX),
acquired additional participation of 25% in the Cascade field and 26.67% in the Chinook
field, from BHP Billiton, both located in the Gulf of Mexico (GOM).
Petrobras also agreed to buy up to the 15% interest that Hess holds in the Chinook field.
Upon completion of these transactions the company will own 50% and up to 71.67% in
Cascade and Chinook, respectively, and will be the operator of the two field developments.
The remainder participations in Cascade and Chinook will be respectively held by Devon
Energy and Total E&P USA, Inc.
Both Cascade and Chinook fields will be developed using a Floating Production Storage
and Offloading facility (FPSO), a development concept so far never deployed in the
American waters of the Gulf of Mexico, although this technology is largely dominated by
Petrobras in its operations offshore Brazil. Given the technological and operational
challenges that producing oil at depths of around 27,000ft (paleogene reservoirs) pose,
Petrobras will pursue a fast track, phased development approach, with first oil scheduled
for 2009. Initially, two Cascade wells and at least one Chinook well will be completed and
brought on stream through a FPSO. Subsequent wells and facilities will be designed in
accordance with the initial production results.
Both Cascade and Chinook are located in the Walker Ridge OCS leasing area in water
depths ranging from 7,000 to 9,000ft. Subsequent appraisal wells confirmed the extension
of the Cascade oil reservoirs while an appraisal well is being planned for Chinook in the
near future.
Petrobras is also the operator of the Cottonwood gas field, in Garden Banks area, with
80% participation. Consisting of a subsea tie back to existing facilities in shallower water,
the production start up is scheduled for the beginning of 2007.
In order to deliver such program, Petrobras recently awarded a contract to a drilling
contractor for a rig capable of operating in water depths of 10,000ft, and is in negotiations
for another rig – both rigs to be allocated to Petrobras GOM operations.
In addition to these two field developments Petrobras is conducting a very aggressive
exploration campaign in the GOM, which includes acquisition of additional acreage and
participation in wells being drilled or planned for the near future. This campaign includes
also promising areas in the deep gas shelf play, in the Garden Banks and the Corpus
Christi, and in ultra deep water regions of Gulf of Mexico.
With these developments, Petrobras consolidates its position as one of the leading players
in the ultra deep waters of the Gulf of Mexico, benefiting from its deepwater expertise and
technology developed offshore Brazil.

[therealmurphy]

Termination of the Natural Gas Price Volatility Reduction Contract
______________________________________________________________________________
(Rio de Janeiro, August 17, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian
international energy company, announces the termination of a hedge contract signed in October
2002, known as the Natural Gas Price Volatility Reduction Contract (CRVP), firmed with
Empresa Petrolera Andina S.A. - ANDINA. The objective of this contract was to reduce
exposure to any excessive variation in the price for acquiring natural gas under a long-term
purchase contract (Gas Supply Agreement - GSA).
Since the regulatory changes in Bolivia, the parties involved in the contract have been
interpreting differently its aplication. Petrobras has been addressing the possible economic and
legal effects of these changes applicable to the CRVP.
Following negotiations, the parties have decided to terminate the contract, with Petrobras
receiving an amount of US$ 41.3 million. Remaining credits earmarked to the CRVP, worth US$
76.7 million, are to be recognized as a loss in third quarter results for the current fiscal year, in
accordance with Brazilian accounting principles.

[therealmurphy]

Reorganization of the Financial Area
_________________________________________________________
(Rio de Janeiro, September 1, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian
international energy company, announces that it has completed the reorganization of its
financial area.
The objective of the new general structure of the Financial Area is to integrate and bolster the
Petrobras’ corporate activities, thereby improving the performance, control and sustainability of
the Company’s growth. The underlying rationale for the reorganization relates to the following
aspects:
a. growth perspectives incorporated in the Business Plan 2007-2011 that anticipate an
annual increase of over 7.5% in output of oil, LNG and natural gas and a 68% increase in
crude throughput over current refining levels by 2015, and investments of US$ 87.1
billion in the period.
b. the improvement of the Internal Controls System for meeting the requirements of the
Sarbanes-Oxley Act which establishes specific responsibilities for the President and
Chief Financial Officer, including the certification of the Company’s financial statements;
c. the adjustment of the organizational structure to act as a holding company in the
guidance and coordination of the financial function of the companies within the Petrobras
Group;
d. organizational improvements, correcting overlapping functions, allocating responsibilities
and correcting shortcomings in the Financial Area’s operations;
e. increasing the employment of the process management model adopted by the Company,
eliminating dispersion in the execution of processes in the financial, accounting and fiscal
areas and facilitating the monitoring, control and reduction in costs to the Company;
f. adjustment to the perspectives for the Company’s financial results;
g. better structuring of the internal management of the area and the implementation of
improvements;
The approved general structure with six executive departments has the following functions:
Corporate Financial Department – Executive Manager: Daniel Lima de Oliveira
To manage and execute the corporate activities of the Financial Area, including the
coordination and certification of the internal controls and the financial and corporate
alignment of the Petrobras Group;
Accounting Department – Executive Management: Marcos Antonio Silva Menezes
To manage and consolidate the accounting processes of the Petrobras Group, relating with
the regulatory agencies and executing the accounting activities of the Company and Group
companies;
Finance Department – Executive Manager: Pedro Augusto Bonésio
Provide guidance on cash management, banking relationships, funding, and other treasury
operations for the Company and Group companies;
Fiscal Department – Executive Manager: Maria Alice Ferreira Deschamps Cavalcanti
Plan and execute the Company’s fiscal activities as well as those of the companies
comprising the Group;
Financial Planning and Risk Management – Executive Manager: Jorge Jose Nahas Neto
Coordinate the financial planning and risk management, evaluate the portfolio of existing
assets and contract insurance cover for the Petrobras Group;
Investor Relations Department – Executive Manager: Raul Adalberto de Campos
Plan, coordinate and execute the relationship of the Group companies with the market, the
appropriate regulatory agencies and other company constituencies, and manage the
Company’s equities system.

[therealmurphy]

Petrobras closes deal to acquire 50% of Pasadena Refinery
___________________________________________________________________

(Rio de Janeiro, September 1, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS,

a Brazilian international energy company, announces closes deal to acquire, through its wholly
owned subsidiary Petrobras America Inc., of 50% of the shares of Pasadena Refinery System,
Inc. from Astra Oil Company, Inc., a US based refining and trading company owned by the
Belgian group Compagnie Nationale a Portefeuille SA - CNP. The purchase price is of
approximately US$ 360 million.
The current capacity of the Pasadena Refinery is of about 100,000 bopd. Petrobras and Astra
are already conducting studies to expand its capacity and install units that will enable it to
process heavy oils, including Petrobras's Marlim production, and deliver high quality products.

[therealmurphy]

Antwort auf Beitrag Nr.: 21.184.547 von therealmurphy am 12.04.06 23:03:55

Situation in Bolivia
______________________________________________________________________________
(Rio de Janeiro, September 14, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS, [Bovespa:
PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA], a Brazilian
international energy company, hereby expresses its discordance with Ministerial Resolution
207/2006 the Bolivian Ministry of Hydrocarbons and Energy published in the media this
Tuesday, September 12th 2006, establishing new conditions for oil and liquefied petroleum gas
(LPG) production, transportation, refining, storage, and marketing which encompass all of the
byproduct price chain stages.
Considering this decision made by the Bolivian government, Petrobras manifests its
disagreement with the measure from the legal, operational, and financial viewpoints, since it
renders the Company's refining business totally unviable in that country.
The Company also clarifies that it is the Hydrocarbons Superintendence that establishes the
refining margins. In May 2005, this regulatory agency established the margin that is currently in
effect. This value is insufficient to cover the Company's cost, and that is the reason why
Petrobras has requested it be reviewed on several different occasions.
During this period, the negative results Petrobras has achieved while keeping the internal
market supplied have been compensated for by the favorable conjuncture of the international
price for exported products (gasoline and reconstituted oil), even if this does mean the
Company takes-on the risk of volatility in these prices in the international market. On account of
this, Ministerial Resolution 207/2006 compromises the refining activity maintenance by
preventing the Company's access to these markets.
By using modern operation and management technologies - despite the loss-making character
of the internal market supply - after it took over refinery operations, Petrobras was able to
achieve average gains of $14 million for an initial investment of $105 million, maintaining a
constant flow of contributions to the Bolivian State. These values contradict the criterion that the
Company has had "extraordinary benefits."
Additionally, the appropriation of the Company's cash flows by YPFB, imposed by MR
2007/2006, puts the maintenance of the financing the Petrobras has already contracted in
jeopardy and, consequently, the normal maintenance of its activities as well. In this regard,
Petrobras is evaluating possible measures it may adopt by virtue of this unilateral determination
of the Hydrocarbons and Energy Ministry.
Notwithstanding the complex situation of Petrobras' permanence in Bolivia, the Company once
again emphasizes its commitment to the country's development and expresses its deep concern
with the negative effects this unilateral decision will have on the national and regional industry.
Since it commenced its operations in the refining segment, Petrobras has fulfilled, responsibly,
its mission of ensuring the uninterrupted supply of the internal fuel demand, in compliance with
the strictest international quality, safety, and environmental norms. Likewise, the Company
asserts it operates and will always operate transparently, respecting the laws in effect in Bolivia

[therealmurphy]

Petrobras enters into agreement to explore the Argentinean Sea
_________________________________________________________
(Rio de Janeiro, September 13, 2006). – PETRÓLEO BRASILEIRO S/A - PETROBRAS,
[Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA, BCBA: APBR/APBRA],
a Brazilian international energy company, announces that the subsidiary’s Petrobras Energía,
entered into an agreement yesterday with companies Energía Argentina (Enarsa) and Repsol
YPF to organize a consortium whose purpose will be the exploration, development and
commercialization of oil and natural gas in deep waters of the Argentinean continental shelf.
Petrobras Energía will integrate the consortium with a participation of 35%, being the operator
of the area, while Enarsa and YPF will have a 35% and 30% participation respectively.
The consortiums’ area of exploration will be located at approximately 250 kilometers from the
city of Mar del Plata, in the province of Buenos Aires, with depths varying between 200 and
3.000 meters.
Petrobras Energía and YPF will be responsible, proportionally to their participation, for the funds
necessary to finance the corresponding investment at Enarsa in this stage. If there is any
commercial discovery, Enarsa shall reimburse Petrobras Energía and YPF for the investments
carried out, related to their participation.
This project will benefit from the acknowledged leadership and technological capacity of
Petrobras in the exploration and production in deep and ultradeep waters, in Brazil and abroad.
Last January, Petrobras Energía had already entered into an agreement with Enarsa, YPF and
Petrouruguay, to explore, develop and commercialize oil and natural gas at the offshore areas
of ENARSA 1 (E1) and CCM2, also in Argentinean Sea.

[therealmurphy]

(Rio de Janeiro, December 15, 2006) - PETRÓLEO BRASILEIRO S/A - PETROBRAS,
[Bovespa: PETR3/PETR4, NYSE: PBR/PBRA, Latibex: XPBR/XPBRA], a Brazilian international
energy company, announces that its Board of Directors, meeting today, according to Article 29,
paragraph 2 of its By-laws, its Share Repurchase Policy, and existing pertinent legislation
authorized the repurchase or Petrobras preferential shares in circulation for future cancellation
using retained earnings as per the following conditions:
a) Objective: to reduce excess cash holdings and adjust the capital structure, aiming at the
reduction of the cost of capital;
b) Quantity: up to 91.500.000 (ninety one million and five hudred thousand) preferential
shares, representing 4,9% of the outstanding number of this class of shares which is
1.850.364.700 (one billion, eight hundred and fifty million, three hundred and sixty four
thousand and seven hundred);
c) Price: purchases will be through Stock Exchanges, at market prices prevailing on the
acquisition dates for the duration of the repurchase period;
d) Financial Intermediaries:
i.) Bradesco SA. Corretora de Títulos e Valores Mobiliários - Av. Ipiranga 282/13º, 14º,
15º andares – Centro - São Paulo – SP CEP. 01046-920
ii.) CITIGROUP GMB CCTVM - Av. Paulista 1111/12º andar São Paulo – SP CEP.
01311-920
iii.) CITIGROUP Global Markets - 390 Greenwich Street 5th Floor New York, NY – 10013
iv.) Credit Suisse Brasil SA. Corretora de Títulos e Valores Mobiliários - Av. Brigadeiro
Faria Lima 3064/13º andar São Paulo – SP CEP. 01451-000
v.) Itaú Corretora de Valores - Av. Engenheiro Armando de Arruda Pereira 707/15º
andar São Paulo – SP CEP. 04309-010
vi.) JP Morgan CCVM SA. - Av. Brigadeiro Faria Lima 3729/13º andar São Paulo – SP
CEP 04538-905
vii.) JP Morgan Securities Inc. - 277 Park Avenue 9th Floor New York, NY
viii.) Morgan Stanley Dean Witter CTVM SA - Av. Presidente Juscelino Kubitschek 50/8º
andar São Paulo – SP CEP. 04543-000
ix.) Morgan Stanley & CO. Incorporated - 1585 Broadway, New York, NY, 10036 -
Estados Unidos da América
x.) Santander Brasil Corretora de Títulos e Valores Mobiliários - Rua Hungria
1400/4ºandar – Jardim Europa São Paulo – SP CEP. 01455-000;
e) Repurchase period: up to 365 (three hundred and sixty five) days beginning today.
In accordance with its share repurchase policy, the Board of Directors concluded that the
company’s current liquidity position permits the implementation of a share repurchase program
without comprimising its investment program or dividend payments, while at the same time
safeguarding its operational and financial targets established in its Strategic Planning.
Moreover, the Board understands that Petrobras shares would be currently undervalued in light
of growth and profitability prospects.
Over the last three years there has been a marked improvement in Petrobras’ financial
indicators. Leverage(net indebtedness/net total liabilities) in BRGAAP fell from 53% in
December/2002 to 17% by September/2006 (55% to 18% in USGAAP), while financial targets
set by its strategic planning suggest a level of 25% for this indicator. This improvement in the
company’s liquidity is also reflected by its risk classification by Moody’s that, after a downgrade
in August 2002 to Ba2, has been consecutively upgraded to Ba1 in September/2004, and Baa2
in October/2005, which is considered as “investment grade”.
In October/2006, the company raised US$500 million in the international capital market, for ten
year maturity, offering a yield of 6,185% per annum, only 1,55% above US Government
securities of similar duration. In light of these yields, its growth prospects compared to current
market valuation of its shares, and current and projected conditions of the international oil
market, among other alternatives that were considered, the Board of Directors considered share
repurchases to be the most attractive alternative to reduce Petrobras financing costs in the
short run.

[Dirkix]

Antwort auf Beitrag Nr.: 26.217.397 von therealmurphy am 15.12.06 23:04:26

Warum hast du denn hier deinen eigenen kleinen Privat-Thread aufgemacht, und nebenan lässt du dich nicht mehr blicken???
Ist doch Quatsch, zwei Threads mit dem gleichen Thema und in beiden ist nichts los!!!

[therealmurphy]

weiterführung im hpt-thread
*closed*