SAO PAULO, Nov 26 (Reuters) - Defendants in a bribery investigation involving Brazil's state-run oil company Petrobras are trying to move the probe to the country's Supreme Court, which has a reputation for moving slowly and letting cases drag on for years.
RIO DE JANEIRO, Nov 25 (Reuters) - Brazil's state-run oil firm Petroleo Brasileiro SA said on Tuesday its board had approved the creation of a new role of Director for Governance, Risk and Compliance, as the firm battles with allegations of corruption.
RIO DE JANEIRO, Nov 24 (Reuters) - Brazil's state-run oil firm Petroleo Brasileiro SA said on Monday it had received a subpoena from the U.S. Securities and Exchange Commission asking for documents relating to an investigation it is pursuing.
SAO PAULO/BRASILIA, Nov 21 (Reuters) - President Dilma Rousseff expects a bribery scandal at state-run oil company Petrobras to deteriorate in coming months, aides say, with arrests possible for some political allies and potentially serious damage
court cases often drag on for a decade or more and abruptly fall apart on technicalities, the man leading a bribery probe at Brazil's state-run oil firm Petrobras is described by allies and even rivals as perfectly suited to the task.
SAO PAULO (Reuters) - Petróleo Brasileiro SA could slash the value of its assets by as much as 21 billion reais ($8.1 billion) and cut dividends as a result of an ongoing investigation into alleged graft and money-laundering at Brazil's state-controlled oil producer, analysts at Morgan Stanley & Co
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NEW YORK, Nov 18 (IFR) - Brazilian state-run oil company Petrobras is likely to put off new debt sales until closer to mid-2015, as it grapples with a money-laundering and corruption investigation...
SAO PAULO, Nov 18 (Reuters) - Brazil's President Dilma Rousseff is politically responsible for a growing money-laundering and bribery scandal at state-run oil company Petroleo Brasileiro SA, although she was probably not personally involved enough to justify impeachment, the main opposition party's
Petrobras held a conference call on Nov. 17 to ..... concerns about the ultimate impact on Petrobras . On a positive note, we do see a key ..... value estimate, we continue to think Petrobras presents a compelling opportunity. It