Petrobras
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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
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
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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Americas
Petrobras exceeded offshore oil output target for 2015
Brazil’s state oil giant Petrobras had some rare good news with the announcement that it had exceeded its target for…
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Americas
Brazilian authorities in leniency talks with companies implicated in Petrobras scandal
In a bid to unclog the arteries of Brazilian business and trade, authorities are talking deal with 10 firms implicated…
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Americas
Former Petrobras director given four years for rigging contract to favour Odebrecht
The former director of Petrobras’ international division, Jorge Zelada, on Tuesday was given a four-year jail sentence for his role…
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Americas
Petrobras to revise five-year investment plan with even more cuts
Petrobras is wielding the axe of austerity again in its latest investment plan, according to Reuters. Brazil’s troubled state oil…
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Americas
Petrobras cancels Ensco drillship contract over alleged corruption
UK-based rig contractor Ensco says scandal-plagued Brazilian oil giant Petrobras has cancelled a contract for a drillship, according to Reuters.…
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Americas
Petrobras adds fifth FPSO in Lula field
Petrobras has deployed a fifth FPSO at the Lula Field in the Santos Basin, offshore Brazil. Brazil’s state oil company…
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Americas
Petrobras sells Gaspetro stake to Mitsui
Brazil’s troubled state oil giant Petrobras has sold off a chunk of its natural gas distribution business, known as Gaspetro,…
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Europe
Akastor latest Norwegian firm linked to Petrobras scandal
The latest Norwegian company linked to the giant corruption scandal at Brazilian energy giant Petrobras involves a well-known name. Newspaper…
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Americas
Solstad Offshore offloads AHTS, loses two Petrobras charters
In an update on its vessels in Brazil, Solstad Offshore has revealed the sale of 1984-built anchor handling tug supply…
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Americas
SBM Offshore statement endorses integrity of two officials named by Brazilian prosecutors
Dutch platform-leasing giant SBM Offshore on Sunday came out strongly in defence of two of its top officials named by…
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Americas
Brazilian authorities arrest 12 in Petrobras bribe scheme involving agents for SBM Offshore
Brazilian authorities on Thursday charged 12 people in relation to improper payments made in deals involving the state oil firm…
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