Sign-up-button1







Categorie: Equities
Submitted 10 months ago by Vt_black_best_image_tiny Vtcastle contact me
Petrobras is rapidly becoming a leading global player in the energy market. With its current business strategy and new discoveries, it could be poised to take on Middle Eastern oil rich countries with its newfound oil reserves. More...

4 comments ↓

#1 | Ab_thumb Michael @ 10 months ago
Director of Engineering at Auctoritas
User Rank : 58 Portfoilo Balance: $42,117.00
Comment Rating: 0
Flag Comment
This is a great post! What do you think about the oil companies in Russia?
#2 | Vt_black_best_image_thumb Vtcastle @ 10 months ago
User Rank : 532 Portfoilo Balance: $12,365.00
Comment Rating: 0
Flag Comment
Thanks Michael! 

I like Russia and I'm currently writing up a story that includes them.  However, in terms of oil, I know they have Godzilla-like reserves and I'm sure they're far more undiscovered in Siberia.  Problem is, its expensive and very troublesome to access.  So I'm not exactly sure on oil from Russia just yet but I will look into them. 

However, I like Gazprom.  Based in Russia and the global monster of natural gas.  NatGas is normally is generally consumed short distances from its extraction mine/well, so its main revenue generators would have to be eastern europe or maybe southeast Asia.  However, I can't recommend it yet b/c I haven't done the research.  I'll look into it for you. http://www.gazprom.com/
#3 | Ab_thumb Michael @ 10 months ago
Director of Engineering at Auctoritas
User Rank : 58 Portfoilo Balance: $42,117.00
Comment Rating: 0
Flag Comment
Yea I was looking at Gazprom as well. However the history with Yukos and how there was a major power struggle raises a lot of doubts. The governemnt has a tight grip on the operations and decisions of these companies and that raises alarm to me... Looking forward to your thoughts.
#4 | Vt_black_best_image_thumb Vtcastle @ 10 months ago
User Rank : 532 Portfoilo Balance: $12,365.00
Comment Rating: 0
Flag Comment
Yes, having a tough minded fellow like Putin in charge makes me a bit nervous. Although, nothing opens a countries borders like money so we'll see how it shapes up. Just remember - Putin is only missing 3 letters to be RASputin, so got to watch out for similarities.



Please Login or Register to comment

India economy emerging markets Pakistan reliance BHEL power fund banks Asia IT mortgage housing bank siemens US GOOG telecommunications educational baidu bidu Pharmaceutical Biotech Investing in Sin Obesity Diabetes Novo Nordisk Reliance Infratel IPO FIIs Stock Investing Trading Sensex Mutual Funds Deciem in AUM emerging market Funds Tractors Autos vehicles Review Financial Millat limited expansion Software company IT company UAE Petrobras PBR Brazil Oil wireless technology AMX VIP VSL Private Sector ICICI bank Vs Rest

More Tags