e-merge
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Date updated:10-09-2007

Petrobras, short for Petróleo Brasileiro S.A., is a semi-public[1] Brazilian oil company headquartered in Rio de Janeiro.

it remains a significant oil producer, with output of more than 2 million barrels of oil equivalent per day, as well as a major distributor of oil products. The company also owns oil refineries and oil tankers. Petrobras is renowned for its leadership in development of advanced technology from deepwater and ultra-deep water oil production. 55.7% of Petrobras' Common shares (with vote right) is owned by the Brazilian government [2], however privately held portions are traded on Bovespa, where it is part of the Ibovespa index.

América Móvil (NYSE: AMX, BMV: AMX, NASDAQ: AMOV) is the largest mobile network operator and the largest corporation in Latin America.

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