Brazil’s Lava Jato’s 39th Phase Arrests Ex-Petrobras Manager
Roberto Gonçalves succeeded Pedro Barusco in his position as Services Manager at Petrobras and in the mega-corruption scheme.
March 28, 2017Topic
Petrobras
U.S. Law Firm Announces Class Suit Against Brazil’s JBS Meats
For U.S. lawyers JBS executives bribed regulators to overlook unsanitary practices leading company shares to suffer significantly on the NY...
March 28, 2017
Brazil’s Petrobras Registers Loss of R$14.8 Billion in 2016
Despite negative result, reduction of company's debt decreased by 22 percent last year and Q4 registered a net income.
March 22, 2017
Retirees in Rio to Receive R$250 Million of Lava Jato Money
Court orders that part of corruption money retrieved from former Governor Cabral be used to pay bonus of state retirees.
March 20, 2017
Lava Jato Corruption Investigation Completes 3 Years in Brazil
Since 2014, Lava Jato has yielded 746 searches and seizures, 198 arrests, 57 criminal charges against 260 persons and recovery...
March 17, 2017
Brazil’s Courts Authorize Petrobras to Sell Assets
With the aggressive divestment program, the company hopes for US$21 billion in revenues by 2018.
March 16, 2017
Brazil’s Petrobras Settles Four Individual Lawsuits in the U.S.
Company estimates the total cost of settlements paid in 2016 to be approximately US$372 million.
March 1, 2017
Brazil Campaigns for Foreign Investments in Oil Refining
The 'Fuel Brazil' initiative wants to create private-public partnerships in state-owned refineries and attract new private refineries to the country.
February 21, 2017
Brazil’s Petrobras Defends Invitation of Over 30 Foreign Companies
According to the oil giant, Brazil’s largest engineering companies are barred from bidding on petrochemical complex due to involvement in...
January 24, 2017