Petrobras, though, is already frozen out of capital markets because of the scandal and is in danger of losing its investment-grade debt rating, a situation that would reduce the pool of potential ...

The largest and most infamous corruption scandal of the last decade began with a criminal investigation into the operations ...

The scandal has put pressure on President Rousseff, who narrowly won re-election last month and was chairwoman of Petrobras board between 2003/2008 Petrobras has experienced one of the most ...

Trafigura Group is paying an additional $49m to end bribery cases in Brazil.

In 2024, two former executives, including the former boss of Sembmarine, today known as Seatrium, were charged with ...

Switzerland’s state prosecutor has opened 60 criminal investigations into the Petrobras scandal. It has frozen around $800 million in assets stashed in Swiss accounts, and released some $190 ...

Brazilian oil firm Petrobras needs to be granted an environmental license to drill in the sensitive Foz do Amazonas region by ...

The Petrobras scandal bought major cuts to the oil & gas sector, but PetroRio has managed to forge exciting new opportunities in the aftermath of the crisis PetroRio is among the players in the oil & ...

Work on this plant had stalled due to the 2014 “Car Wash” corruption scandal but is now part of Petrobras’ broader strategy. Petrobras' recent production decline highlights the complexities ...

Former Brazilian President Jair Bolsonaro will face trial on charges of allegedly conspiring to overthrow the government ...

This year’s Rio Olympics has the power to remind investors of Brazil’s potential and reunite the country in the wake of the Petrobras scandal, but it will provide little short-term assistance to its ...