From the Field

Petrobras HQ

Argentine investors sue Petrobras

SãO PAULO, September 13, 2018 – Investors in Argentina have filed an arbitration claim against Brazil’s Petrobras for losses allegedly linked to the Operation Car Wash corruption probe, international media reported on Thursday.


Petrobras has dismissed the claims, which will be evaluated by a tribunal at the Buenos Aires Stock Exchange, Reuters reported.

In other news from Argentina, President Energy announced on Wednesday that it had requested 10-year exploitation leases for the Las Bases and Puesto Prado areas in Rio Negro province.

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