Brazil’s Rousseff Urges Cabinet to Reduce Spending
President said that corruption investigations must be rigorous and punishment to those found guilty of wrongdoing, severe.
January 28, 2015Topic
Petrobras
Brazil’s Petrobras Releases Third Quarter of 2014 Results
The twice delayed financial results for the third quarter of 2014 do not include losses expected due to corruption scandal.
January 28, 2015
Ex-Petrobras Director Got US$1.5 Million For Pasadena Deal
Petrobras paid US$ 360 million for fifty percent of the refinery, which had been purchased by Astra Oil for US$...
January 23, 2015
Lava Jato Main Suspect Youssef‘s Plea Bargain Revealed
The details of the plea bargain of black market money dealer and Lava Jato (car wash) scandal mastermind Alberto Youssef...
January 22, 2015
Former Petrobras Executive Arrested at Rio’s Airport
Nestor Cerveró, former head of internationals at Petrobras, was arrested this morning (January 14th) when he disembarked at Rio's Galeão...
January 14, 2015
Petrobras: Q3/2014 Results Only in 2015, Bans Contractors
Financial results will not have the approval of external auditor and companies linked to Lava Jato scheme are banned from...
December 31, 2014
Brazil’s Petrobras May See Its Rating Downgraded
Corruption scandal and delays in filing financial statements may lead to loss of investment grade.
December 26, 2014
Decisive Week in Brazil for Top Petrobras Executives
Brazil’s General Prosecutor has called for the substitution of Petrobras' entire board of directors
December 15, 2014
Money Laundering Scheme in Brazil Indicts Twelve Executives
The indictments are the latest in a series of actions taken by the Federal Police and the Public Prosecutors Office...
December 10, 2014