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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 – Two main participants in Brazil’s largest corruption and bribery scandals in recent history have been sentenced to jail time by federal prosecutors. Former Petrobras Supply director, Paulo Roberto Costa, and...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The investigation which seeks to determine the financial losses to Brazil’s oil giant, Petrobras, due to Operação Lava Jato (Operation Carwash) may take up to three years to be concluded...
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