corruption scandal | Egypt Oil & Gas

Petrobras Completes its 2015 Divestment Plan

Brazil's state-controlled oil corporation, Petróleo Brasileiro SA (Petrobras), has completed its divestment plan for 2015 by selling its 49% stake in the Gaspetro gas distribution unit worth $500m to the Japanese com ...

Brazil’s Petrobras Says Scandal Cost Company Over $2Bn

Brazil’s national oil company said a graft scandal cost it 6.2 billion reais ($2.1 billion) after a five-month internal debate that shut off access to bond markets, cost the chief executive her job and destabilized t ...

Petrobras Post-Scandal Leadership Reshuffle

Economist Guido Mantega resigned on 23 March from the Petrobras’ Board of Directors, leaving his position as chairman

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