Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Vale (NYSE:VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

Initially reported as a discovery in February 2013, Brazil’s Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has confirmed that its 1-SPS-98 (1-BRSA-1063-SPS) well, the first to be drilled on Block BM-S-50 offshore Brazil, has tested carbonate reservoirs with good permeability. The block, informally known as Sagitario, is in Brazil’s ultradeepwater Santos basin presalt region 194 km offshore Sao Paulo in 1,871 m of water. It has … Continue reading Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Vale (NYSE:VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

Basic Material Active MOvers: Exxon Mobil (NYSE:XOM), Marathon Oil (NYSE:MRO), Companhia Siderurgica Nacional (NYSE:SID), Alcoa (NYSE:AA), Petroleo Brasileiro Petrobras (NYSE:PBR)

Papua New Guinea has reached a milestone on Monday as it sent its first ever liquefied natural gas (LNG) to Japan. The cargo came from the $US19 billion project operated by ExxonMobil Corporation (NYSE:XOM). The company’s LNG project is the first of several in Australia and PNG. Other plants are expected start operational in the next three years, possibly shifting the global LNG trade’s epicentre … Continue reading Basic Material Active MOvers: Exxon Mobil (NYSE:XOM), Marathon Oil (NYSE:MRO), Companhia Siderurgica Nacional (NYSE:SID), Alcoa (NYSE:AA), Petroleo Brasileiro Petrobras (NYSE:PBR)

Basic Material Active Stocks: The Dow Chemical Company (NYSE:DOW), Alcoa Inc (NYSE:AA), Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy (NYSE:CHK)

Chemical makers Bayer AG (BAYN), Syngenta AG (SYNN) and Dow Chemical Company (NYSE:DOW) say neonicotinoids aren’t to blame for the bee deaths and have stepped up their own lobbying to counter calls for a ban as well as legislation now in Congress. Eliminating the products will do little for bees and force farmers and gardeners to go back to products that are more harmful, they … Continue reading Basic Material Active Stocks: The Dow Chemical Company (NYSE:DOW), Alcoa Inc (NYSE:AA), Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy (NYSE:CHK)

Investor’s Alert: American International Group Inc (NYSE:AIG), General Electric Company (NYSE:GE), Petroleo Brasileiro Petrobras (NYSE:PBR), Pfizer Inc. (NYSE:PFE)

American International Group Inc (NYSE:AIG) retreated 4.1 percent after the company reported a drop in its first-quarter operating income due to rising claims costs. American International Group Inc (NYSE:AIG) stock performance was -4.14% in last session and finished the day at $50.54. Traded volume was 21.78million shares in the last session and the average volume of the stock remained 9.33million shares. The beta of the … Continue reading Investor’s Alert: American International Group Inc (NYSE:AIG), General Electric Company (NYSE:GE), Petroleo Brasileiro Petrobras (NYSE:PBR), Pfizer Inc. (NYSE:PFE)