RIO DE JANEIRO (Reuters) - Brazilian prosecutors on Tuesday charged the former chief executive officer of state-controlled oil company Petroleo Brasileiro with corruption, alleging he used his position.. Reuters India Also reported by •Sify
Brazil's former president Luiz Inacio Lula da Silva has never taken the easy path, but the onetime shoeshine boy turned political giant embarks on his most audacious challenge yet: to recapture the.. Source: Agence France-Presse (AFP) -
The conviction of former Brazilian leader Luiz Inacio Lula da Silva to nearly ten years in jail for corruption has left the country divided.
While it marks a stunning fall for Lula himself, it is.. Source: euronews (in English) -
On Wednesday, former Brazilian president Luiz Inacio Lula da Silva was convicted on corruption charges and sentenced to nearly 10 years in prison. The ruling marked a stunning fall for Lula, who was.. Source: Wochit Headline News -
A key Brazilian lawmaker has recommended that President Michel Temer be put on trial over corruption charges.
Legislator Sergio Zveiter, who was appointed by a Chamber of Deputies committee to study.. Source: euronews (in English) -
SAO PAULO (Reuters) - Citigroup Inc and seven other banks will underwrite the initial public offering of Petróleo Brasileiro SA's fuel distribution unit, which will likely occur in November, a person.. Reuters
Brazil’s state-owned Petrobras forecasts $17 billion in investments and $8 billion in asset liquidation over the course of 2017, according to a new corporate financial presentation posted online. The.. OilPrice.com
Not too long ago Brazilian state oil company Petrobras was the most indebted oil & gas company in the world. The long-suffering company has faced dire mismanagement while being weighed down by.. OilPrice.com
Only a year ago, the Brazilian state company Petrobras seemed a complete basket case, an exemplary case of how not to lead a company that is rich in both resources and know-how. Today, however, the.. OilPrice.com
RIO DE JANEIRO (Reuters) - Brazil's securities industry watchdog on Tuesday cleared Petroleo Brasileiro SA , former management and financial advisors of wrongdoing over alleged irregularities relating.. Reuters
Crude oil production at the giant Libra field in the pre-salt layer of Brazil’s shelf will start later than initially planned due to problems with the installation of equipment, the head of a state.. OilPrice.com
Lots of big news in oil and gas this week — including some follow-ups to recent stories I’ve been discussing. Including China’s CNPC further expanding influence in Brazil through an MOU with.. OilPrice.com
Brazil’s energy major Petrobras has prepared a proposal for the listing of its fuel unit, to be reviewed and approved by its board of directors, chief executive Pedro Parente told media. Parente.. OilPrice.com