Tagged: PBR

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Energy Pulse: Petroleo Brasileiro SA Petrobras (ADR) (PBR), Exxon Mobil Corporation (XOM), and Royal Dutch Shell plc (ADR) (RDS.A)

A Brazil Audit Court report has outlined how state-controlled Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) lost as much as $7.6 billion or 29 billion reals in shoddy deals. The report affirms that most of the...