Brazil
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Americas
Petrobras scandal probe nears Brazil’s former national president Lula
The Petrobras bribes-for-inflated contracts corruption scandal on Monday claimed another prominent head and came closer to embroiling one of the…
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Americas
Brazil’s Senate passes bill removing Subsalt Polygon obligations from Petrobras
Brazil’s Senate has passed a bill that removes an onerous financial commitment from state oil firm Petrobras and may help…
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Americas
Swiss arrest Odebrecht executive in connection to Petrobras scandal
Swiss authorities have arrested an executive of Brazilian engineering giant Odebrecht as part of the ongoing bribes-for-inflated-contracts corruption scandal surrounding…
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Americas
Fugro to deploy Brazil-built IRM vessel under new contract with Petrobras
Dutch survey company Fugro has secured a one-year inspection, repair and maintenance (IRM) contract with Brazil’s state oil form Petrobras.…
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Americas
Car carrier price fixing probe launched in Brazil
Brazilian authorities are investigating nine car carrier firms over price fixing. CSAV, Eukor, Grimaldi, Hoegh Autoliners, K Line, MOL, NYK,…
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Americas
Petrobras to be first recipient of LNG export shipment from Sabine Pass terminal
The landmark first shipment of liquefied natural gas (LNG) from Sabine Pass terminal in Louisiana is being bought by Petrobras,…
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Americas
Police probe Keppel’s Brazilian business connections
Prosecutors in Brazil are investigating possible bribes paid off contracts signed by state-run oil company Petrobras and shipbuilder Sete Brasil…
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Americas
Shell to quadruple offshore Brazil investments
Royal Dutch Shell announced it intends to quadruple its investments in E&D offshore Brazil over the next four years. The…
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Americas
Coalition formed to sue Petrobras on behalf of Europe-based investors over corruption scandal
Brazil’s troubled state oil firm Petrobras faces possible new legal challenges from a coalition of groups representing international investors based…
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Americas
Former international head of Petrobras handed 12-year jail term for corruption
The former head of Petrobras’ international division was jailed for more than 12 years on Monday for his role in…
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Americas
Petrobras to drop 20% of management positions as cutbacks continue
Brazil’s troubled state oil giant Petrobras said on Thursday it will axe 20% of management positions among other measures as…
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Americas
Panamanian law firm suspected of aiding money laundering in Petrobras affair
A Panamanian law firm is being looked at as a likely facilitator of money laundering pertaining to the Petrobras corruption…
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Americas
Brazilian judge halts sale of stake in Petrobras subsidiary Gaspetro to Mitsui
A Brazilian judge has blocked a deal that would have seen the state oil firm Petrobras sell off a minority…
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Americas
Petrobras to implement new wave of layoffs and contract renegotiations with suppliers
Petrobras is planning another round of layoffs and will attempt to renegotiate many more of its contracts with suppliers in…
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Americas
Tubarão port allowed to reopen
A Brazilian judge ruled yesterday that Vale can reopen Tubarão port. The port had been closed last week on environmental…
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Americas
SBM Offshore settles with Brazilian court in Petrobras scandal
SBM Offshore’s CEO and another company executive have agreed an out-of-court settlement with the Brazilian public prosecutor’s office (Ministério Público…
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Americas
Petrobras suspends production at Albacora FPSO over oil and gas leaks
Brazil’s troubled state oil firm Petrobras, has suspended production at its P-31 FPSO offshore Rio de Janeiro because of safety…
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Americas
Court orders closure of Tubarão port
One of the most important ports in the world for iron ore trades has been closed down. Yesterday, a Brazilian…
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Americas
Sete Brasil’s woes hurt Keppel
Sete Brasil’s financial crisis, linked to the broader corruption scandal enveloping state oil firm Petrobras, has reverberated as far as…
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Americas
Ex-chief of Petrobras claims bribe money went to election campaign of former national president
The former chairman of Petrobras says that as far back as 2006 he received kickbacks which made their way to…
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