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Petrobras

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Top former A&O partner charged in Petrobras probe

23/12/2015(0)
The Allen & Overy partner who used to be head of its Dutch practice has been charged by the Brazilian Public Prosecutor’s Office in relation to the long-running investigation ... Read More
oil platform

Time for state energy companies in Middle East to rethink overseas strategies

06/07/2015(0)
The long, hot summer is usually a quiet period in the Arabian Gulf. But this season marks some dramatic changes for Middle East state energy companies and their overseas ... Read More
petrobras building

Petrobras Investors Claim PwC Ignored Red Flags of Fraud

31/03/2015(0)
Investors in Petroleo Brasileiro SA, the state-run oil company at the center of a kickback scandal in Brazil, expanded their lawsuit against the company by adding claims that auditor ... Read More
petrobras

Brazil’s Galvao goes bust following Petrobras scandal

27/03/2015(0)
One of Brazil’s biggest engineering companies, Galvao Engenharia, has filed for bankruptcy protection in the wake of the Petrobras scandal. The state-run oil company has cut off payments to ... Read More
petrobras

Former Petrobras CEO Weighs In on Corruption Probe

12/02/2015(0)
Gabrielli Says He Feels Like ‘David Fighting Goliath,’ Denies Any Wrongdoing José Sergio Gabrielli, the former chief executive of Petróleo Brasileiro SA, presided over one of the brightest periods in the ... Read More
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US city files suit against Brazil’s Petrobras for securities fraud

30/12/2014(1)
The City of Providence, Rhode Island filed a class action suit against Brazil’s state-run oil company Petrobras on Wednesday in the US District Court for the Southern District of ... Read More
petrobras

Fitch: Petrobras Corruption Scandal Pressuring Credit Quality

03/12/2014(0)
Recent allegations of corruption scandals in Petroleo Brasileiro S.A.’s (Petrobras) contracting practices hold the potential to affect its credit quality to the extent it slows production growth, affects access ... Read More
petrobras

Petrobras Official Takes Leave in Possible PwC Resolution

05/11/2014(0)
A senior Petroleo Brasileiro SA (PETR4) executive cited in a corruption investigation took a leave of absence, clearing the way for the company to report earnings and debate a fuel-price increase. ... Read More
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Four More Years Of Pain For Petrobras

29/10/2014(0)
Brazil’s incumbent President Dilma Rousseff pulled off a victory on Oct. 26 in a runoff election, and the markets are not too happy about it. As recently as September, ... Read More
brazil article

Scandal Over Brazilian Oil Company Adds Turmoil to the Presidential Race

20/10/2014(0)
President Dilma Rousseff is in a tough fight for the Oct. 26 election after a former executive at Petrobras took a plea bargain and testified that her party had ... Read More
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