Lava Jato Case in Brazil Retrieves Billions in First Two Years
The largest corruption scandal Brazil has ever seen has rendered 93 convictions and returned to the government more than R$2.9...
March 17, 2016Topic
Petrobras
Lula Lawyers Appeal Police Search and Seizures in Brazil
Lawyers argue that the federal police (PF) seized personal property of ex-president Lula's family members, such as laptops, mobile phones...
March 9, 2016
Brazil’s Senate Approves Reducing Petrobras Requirements
Upper House approved bill ending requirement for Petrobras to participate in at least thirty percent of all pre-salt oil exploration...
February 26, 2016
Brazil’s Government Defends Petrobras’ Pre-Salt Monopoly
Senate project would release Petrobras from the requirement of being involved in all areas of the pre-salt layer exploration.
February 17, 2016
Brazilian Judge Halts Petrobras’ Gaspetro Sale to Japan’s Mitsui
According to a federal judge, the R$1.93 billion Gaspetro deal could lead to losses similar to those seen with the...
January 28, 2016
Transparency International Cuts Brazil’s Ranking Due to Petrobras
Due to the Petrobras corruption scandal, global watchdog has Brazil as last year's biggest index loser in the Americas.
January 27, 2016
Dutch SBM Settles Bribery Case Out-of-Court in Brazil
Company executives, accused of bribing Petrobras executives in Lava Jato scandal with R$ 42 million.
January 26, 2016
Brazil’s Petrobras Surpasses Production Target in 2015
Oil giant surpassed its annual petroleum production target for the first time in thirteen years.
January 18, 2016
Brazil’s Petrobras Reduces Investment Forecast by 25%
This is the second adjustment to the 2015-2019 business plan announced in June of 2015 by the oil giant.
January 13, 2016