Tags Petrobras

Tag: Petrobras

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Federal police in Brazil launched the 39th phase of Operação Lava Jato (Carwash) on Tuesday, March 28th, issuing five search warrants and an arrest warrant. Police say they have arrested...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Effects of the Brazilian federal police’s investigation into tainted meat, dubbed Operação Carne Fraca (Operation Weak Flesh) are being felt abroad as an United States law firm, that works for...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The oil giant of Brazil, Petrobras, registered a net income during the fourth quarter of 2016, despite registering a loss for the overall year, according to company officials. The results,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A court in Rio de Janeiro has determined that the millions recovered in the state from the Lava Jato (Carwash) corruption scandal be used to pay more than 140,000 public...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – On Friday the largest anti-corruption investigation ever conducted in Brazil, Lava Jato (Carwash) marks its third anniversary. Since 2014, 38 phases of the investigation have occurred. There have been 746 searches...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The Accounting Court (TCU) in Brazil authorized on Wednesday the country’s oil giant, Petrobras, to resume the sale of some of its assets. The company hopes, along partnership accords, its...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras’ Board of Directors announced that it had agreed on settlements to end four individual lawsuits filed before the Federal Court of New York, in the United States. These agreements...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With the objective of stimulating free competition and attracting foreign investments in the oil and gas sector, the Brazilian government launched the 'Fuel Brazil' initiative on Monday (February 20th). “It...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras, the oil giant of Brazil, took to its website on Monday (January 23rd) to refute criticism that it is favoring foreign companies over national companies in the bidding process...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Implicated in the mega corruption scandal known as Lava Jato (Carwash), UK’s Rolls-Royce announced on Monday it had reached an accord with Brazil’s Ministerio Publico Federal (Public Prosecutor’s Office) to...
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