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Website. www.petrobras.com.br. Petróleo Brasileiro S.A., better known by and trading as the portmanteau Petrobras (Portuguese pronunciation: [ˌpɛtɾoˈbɾas, pet-]), is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil.
In November 2005, Petrobras signed an MoU with Astra Oil Company with the goal of establishing a joint operation of refining and marketing in the US. The acquisition was completed in September 2006. The total amount paid was $360 million: $190 million for 50% of the shares and $170 million for the refinery stocks. [citation needed]
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Petrobras (PBR) closed at $13.75 in the latest trading session, marking a -0.36% move from the prior day.
B3 S.A. – Brasil, Bolsa, Balcão (in English, B3 – Brazil Stock Exchange and Over-the-Counter Market), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country. Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile ...