In a statement, Brazil’s state-run oil firm Petrobras said, it has lost an appeal over $2.14 billion (9 billion reais). The case relates to a tax dispute which dates back to 2011 and 2012. Petrobras said, it will stick to… Read More ›
Petroleo Brasileiro SA
Brazil’s Petroleo Brasileiro SA receives $68.20M as part of Braskem’s plea agreement: securities filing
The total amount recovered by Brazil’s state-controlled oil company so far amounts to nearly 828 million reais, shows the securities filing. According to a securities filing late on Monday, Brazil’s state-controlled oil company Petroleo Brasileiro SA disclosed, it has received… Read More ›
Brazil seeks to impose exemplary fine of $12.7 billion on Andrade Gutierrez SA
The construction and engineering conglomerate is being probed by Brazilian authorities into alleged payoffs to politicians and government officials by the company to win government contracts, including for Petroleo Brasileiro SA. Brazilian daily, O Globo has reported citing calculations from… Read More ›
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