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Monday, May 16, 2011 - 3:18pm
FMC Gets To Play In Brazil's Pool (FMC, PBR)
Brazil's Petrobras (NYSE: PBR) sits over an ocean of oil. When the company discovered its elephant find in the Tupi fields of the Santos Basin, Petrobras virtually grew Brazil's oil and gas reserves by nearly 50%. However, that oil is located approximately seven miles below the surface of the ocean...
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Dahlman Rose Sees Focus In Gulf Drilling
Monday, August 30, 2010 - 1:22pmDahlman Rose & Co released a report today on offshore drilling, noting that offshore drilling shares are "trading in close correlation with oil prices." Suggestions that the drilling moratorium could be lifted earlier than the November deadline seem to be emboldening operators to fix primarily...
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