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Petrobras

Prosecutors: Glencore, Trafigura, Vitol bribed Petrobras employees for business

Trading giants Vitol, Trafigura and Glencore have been accused by Brazil prosecutors to have paid over $30 million in bribes to employees at state-owned oil company...

Petrobras nears $1.3bn sales of African venture stake

Petrobras to rake in $26.9bn from asset sales

Brazilian state-controlled oil company, Petroleo Brasileiro SA on Wednesday said that it could raise $26.9 billion through asset sales and partnerships by 2023. This is...

Petrobras nears $1.3bn sales of African venture stake

Petrobras to offload Nigerian unit to Vitol-led consortium

Petroleo Brasileiro SA, will sell its 50 percent stake in a Nigerian oil and gas exploration venture, to a consortium led by top oil trader, Vitol, for $1.53 billion....

Petrobras

US, Brazil fine Petrobras $853m in bribery scandal

US and Brazilian authorities have fined Brazil’s state oil giant Petrobras more than $853 million for covering up bribes to Brazilian politicians and political...

Petrobras

US fines Brazil’s Petrobras $853m for bribery

US and Brazilian authorities have fined Brazil’s oil giant Petrobras more than $853 million for paying bribes to Brazilian politicians and political parties, the US...

Petrobras nears $1.3bn sales of African venture stake

Petrobras recovers $274m from graft probe

  Brazil’s state-owned oil major, Petrobras, on Thursday said that it has recovered R$1.034 billion ($274 million) in funds embezzled during a giant...

Petrobras nears $1.3bn sales of African venture stake

Petrobras nears $1.3bn sales of African venture stake

Brazilian state-controlled oil company, Petróleo Brasileiro SA, is close to agreeing to the sale of its stake in an African venture for around $1.3 billion, newspaper...

Planning Minister, Dyogo Oliveira

Petrobras owes Brazil billions, unlikely to pay in 2018, says Minister

Brazilian state-controlled oil company Petróleo Brasileiro SA owes the government billions of dollars tied to offshore exploration rights but is unlikely to pay this...

Petrobras

Petrobras to pay $2.95bn to settle U.S. class action over corruption

By Jite Eriabie Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay $2.95 billion to settle a U.S. class action...

Petrobras

Petrobras to pay $2.95 billion to settle U.S. class action over corruption

Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said on Wednesday that it has agreed to pay $2.95 billion to settle a U.S. class action brought by...

Petrobras

Petrobras gets $200m in recovered corruption funds

By Jite Eriabie   Brazil’s state oil company Petrobras on Thursday received some $200 million in recovered funds from the giant “Car Wash” anti-corruption...

Petrobras

Petrobras gets $200m in recovered corruption funds

Brazil’s state oil company Petrobras on Thursday received some $200 million in recovered funds from the giant “Car Wash” anti-corruption crackdown. The restitution...