More legal woes for Petrobras, Odebrecht
Brazil The announcement came amidst the largest-ever protests staged in Brazil that saw as many as 1.4 million people in São Paulo alone demand the removal of President Dilma Rousseff. Police estimates say about 3 million Brazilians took part in the nationwide protests on Sunday, with large gatherings reported in Manaus and Brasilia.
On March 8, Marcelo Bahia Odebrecht was sentenced to 19 years imprisonment. Four other company executives were slapped will similar sentences. The same verdict also put three Petrobras executives behind bars. The following day, charges were brought against the former president.
For more news and features on the oil and gas industry in Brazil, click here.
Recent Posts
Petronas makes discovery off Suriname
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japan’s JERA slates $32 billion for LNG, renewables, new fuels
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron planning UK North Sea exit
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
Seatrium wins yet more FPSO work in Guyana
Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More
Diamond Offshore seals $350-million Gulf of Mexico deal
Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More
ExxonMobil makes deepwater discovery off Angola
ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More