May 29, 2008
Petrobras Takes Second Place in Valuation
Brazilian energy company Petrobras has recently surpassed Microsoft and GE to become the second largest company in the Americas by stock market valuation. The top dog…ExxonMobil.
I’ve got to hand it to Petrobras, unlike most other NOC (National Oil Companies) which use their oil earnings to prop up inept and corrupt governments, they have been investing [...]