Petrobras
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Americas
Brazilian conglomerate agrees to pay $202m compensation for role in Petrobras scandal
Brazilian international conglomerate Camargo Correa is poised to make a multimillion dollar payment to buy its way out of future…
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Americas
Former Petrobras chief sentenced to more than 12 years
A former Petrobras executive was give a prison sentence of more than 12 years by a Brazilian judge on Monday,…
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Americas
Former head of Petrobras’ international division among six charged with corruption
The latest batch of charges in the Petrobras corruption case have netted some of the biggest names yet. Among the…
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Americas
Aide to former president becomes biggest scalp in Petrobras graft probe
The Petrobras corruption scandal struck further up the pole of Brazil’s high and mighty on Monday when federal police arrested…
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Americas
Petrobras receives back a portion of money lost to graft
Petrobras, Brazil’s scandal-laden state oil company, on Friday received back a small portion of the huge amount of money it…
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Americas
Petrobras corruption probe extends to nuclear industry with arrests of executives
The ever-expanding Petrobras corruption scandal moved into nuclear territory on Tuesday as Brazilian police arrested two executives including one of …
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Americas
Petrobras dismisses economic effect of union’s one-day strike
San Francisco: Friday’s one-day strike by oil workers in Brazil was described by a spokesman of state oil firm Petrobras…
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Americas
Swiss Attorney General includes Odebrecht in its Petrobras probe
San Francisco: Swiss authorities on Wednesday extended their probe into the corruption scandal surrounding Brazil’s state oil company Petrobras when…
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Americas
Brazil court convicts first engineering firm executives in Petrobras scandal
San Francisco: The Petrobras scandal claimed its first construction industry executives on Monday as Brazil’s courts convicted a trio from…
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Americas
Petrobras agrees to pay $508m partial settlement of taxes
San Francisco: Petrobras, Brazil’s state oil producer, has agreed to pay the country’s treasury 1.6bn reais ($508m) to settle part…
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Americas
Petrobras board member breaks ranks to slam government policies
San Francisco: A member of Petrobras’ board broke ranks and publicly criticised the Brazil national government’s energy policies on Tuesday.…
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Americas
Brazil oilworkers federation wants 24-hour stoppage in protest at Petrobras changes
San Francisco: The federation of Brazil’s oil industry workers, FUP, has called on its member unions to support a planned…
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Europe
Two dead at Petrobras oil terminal in Brazil
Athens: Two construction contractors have died while working at a Petrobras oil terminal at Barra do Riacho, Brazil. Alex Vieira Ribeiro, 39,…
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Americas
Arbitration court rules that Petrobras owes hundreds of millions more to government
San Francisco: A preliminary arbitration hearing has ordered Brazil’s beleaguered state-run oil firm Petrobras to pay an increased amount of…
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Americas
Politicians likely to reverse law that gave Petrobras offshore privileges
San Francisco: Petrobras will, in all likelihood, be stripped of its privileged position regarding the development of potentially valuable subsalt…
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Americas
Petrobras FPSO to boost production in Lula field
San Francisco: Petrobras said on Friday that a new had arrived in the Lula field offshore Brazil to help boost output there.…
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Americas
Petrobras sells stakes in two oilfields
San Francisco: Petrobras announced on Wednesday it is selling its stakes in two offshore oilfields to a Brazilian company, immediately…
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Americas
Petrobras slashes its five-year investment plan
San Francisco: Petrobras announced on Monday it will cut its five-year investment budget to $130bn as it tries to adjust…
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Americas
Sevan Marine appoints law firm to investigate Petrobras corruption claims
Oslo: Offshore drilling firm Sevan Marine has engaged the law firm Selmer to conduct an investigation into allegations of its involvement…
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Americas
Petrobras asks US judge to throw out class-action fraud case brought by investors
San Francisco: Petrobras, Brazil’s graft-racked state-run oil giant asked a US judge on Thursday to throw out a fraud case…
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