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Bellwether Report.com Acknowledges Petroleo Brasileiro.

Publication: M2 Presswire
Publication Date: 29-SEP-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 September 2006-bellwetherreport.com: Bellwether Report.com Acknowledges Petroleo Brasileiro(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:29092006

The Bellwether Report Takes Notice of Petroleo Brasileiro (Nyse:PBR)

PETRLEO BRASILEIRO (PETROBRAS) isn't brash, but it is Brazil's largest industrial company. It engages in exploration for oil and gas and in production, refining, purchasing, and transportation of oil and gas products. The company has proved reserves of 14.9 billion barrels of oil equivalent. It operates 14,000 wells, 16 refineries, 25,000 miles of pipeline, and more than 6,900 gas stations. Subsidiary Petrobras Distribuidora is Brazil's leading retailer of oil products and fuel alcohol. Petrobras Energa Participaciones is a leading Argentine oil company. Other units produce petrochemicals and natural gas. The Brazilian government...

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