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- Ultrapar Rated a Sell
- IncaInvest.com submits: IIR Group issued a SELL recommendation on the Brazilian energy company Ultrapar Participacoes S.A. (NYSE: UGP) on December 17, with a new price target for the company's ADR at US$16.03. Although IIR anticipates a 9% fundamental downside to the share, the outlook for the ADR is worse,...
- External links 2008-12-17
- Petrobras' Exporting Has Record Breaking December
- IncaInvest.com submits: Petrobras PBR reported their December exportation figures, which reached 620 thousand barrels per day, a record for the period. The record surpassed the previous record, reached in October 2008, which was 574 thousand barrels per day. At month's end, exports totaled 19.234 million barrels. According to...
- External links 2009-01-16
- If Oil Stays Down, Petrobras May Lower Gas Prices
- IncaInvest.com submits: The director of Supply and Refining for Petrobras PBR, Paulo Roberto Costa, said in a statement that the company may reduce the price of petrol and diesel if the price of oil remains at the current level for a longer period of time. The company, however, believes...
- External links 2009-01-21
- Ecopetrol's Partnership with Glencore in Cartagena Complicated by Global Crisis
- IncaInvest.com submits: Like many other infrastructure projects, the expansion of Cartagena's refinery has not been different and has been subject to strong friction between the state owned Ecopetrol EC and its Swiss partner Glencore, which could delay the expansion of the refinery of Cartagena, which is considered one of...
- External links 2009-01-22
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