by Marcelo Rochabrun (Reuters) – Brazilian prosecutors pressed charges on Friday against two people for an alleged scheme to obtain confidential market information from Petrobras to benefit A.P. Moller-Maersk, the...

By Carolina Mandl SAO PAULO, Sept 27 (Reuters) – Petróleo Brasileiro SA will pay an $853.2 million fine to settle charges that former executives and directors of the state-run Brazilian...

BRASILIA, July 12 (Reuters) – Brazilian federal prosecutors on Thursday charged the former chief executive of U.S. oil services company Vantage Drilling with corruption and money laundering, accusing him of...

By Brendan Pierson NEW YORK, Jan 3 (Reuters) – Brazil’s state-controlled oil company, Petroleo Brasileiro SA, said Wednesday that it has agreed to pay $2.95 billion to settle a U.S....

By Sabrina Valle (Bloomberg) — Keppel Corp.’s Brazil problems just keep growing. The world’s largest builder of offshore oil rigs has seen investments plummet in one of its most important...

May 27 (Reuters) – Brazilian police said this week they were investigating local units of three international steelmakers in a massive corruption investigation involving the country’s state-run oil company, Petroleo...

May 19 (Reuters) – Investment management firm EIG Management Co added Brazil’s engineering conglomerate Odebrecht SA and a few other shipyards in its $221 million fraud suit against Petroleo Brasileiro...

By Guillermo Parra-Bernal and Aluísio Alves SAO PAULO, April 4 (Reuters) – State-controlled Petróleo Brasileiro SA unsuccesfully sought the appointment of arbiters to rework a long-term contract with debt-laden drilling...

By Blake Schmidt and Sabrina Valle (Bloomberg) — Marcelo Odebrecht, the former head of one of Brazil’s largest industrial conglomerates, was sentenced to 19 years and four months in jail...

SAO PAULO, Feb 1 (Reuters) – A Brazilian judge sentenced the former head of state-run oil company Petrobras’ international division to 12 years and two months in jail for corruption...

RIO DE JANEIRO, Dec 17 (Reuters) – Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world’s top leaser of oil...

SINGAPORE, Oct 23 (Reuters) – Singapore oil rig builder Keppel Corporation Ltd said it may face an investigation into deals with Brazilian state-run oil company Petrobras and rig builder Sete...

  By Peter Millard and Yasmine Batista (Bloomberg) — Transocean Ltd., the world’s largest offshore rig contractor, is being linked for the first time to the corruption probe of Petroleo...

  By Sridhar Natarajan (Bloomberg) — Bonds of Vantage Drilling Co. dropped as Petroleo Brasileiro SA terminated a $1.7 billion drill deal amid a bribery investigation. The deepwater-rig owner’s $1.1...

  Houston-based Vantage Drilling says it has been notified by Petrobras terminating it’s contract for the Titanium Explorer drillship. The 8-year contract for the drillship has been in place since...

  SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday...

  By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption scandal by linking a ring of black-market money changers to...

  SAO PAULO, Aug 6 (Reuters) – Brazilian prosecutors on Thursday presented formal charges against Jorge Zelada, the former head of state-run oil firm Petrobras’ international division, and five others,...