Operation Car Wash, which started in Brazil, revealed a bribery scheme that spanned at least 12 countries. Brazil’s Supreme Court has reversed much of its impact.
Tag: Petroleo Brasileiro SA Petrobras
Brazil’s Clashing Goals: Protect the Amazon and Pump Lots More Oil
State-owned Petrobras could soon be the world’s third-biggest oil producer, in stark contrast to the country’s promises to fight climate change and slow Amazon destruction.
Brazil Had High Hopes for Its Big Oil Auction. They Went Bust.
It was billed as the largest oil auction in history, one expected to produce a windfall. But analysts say a high signing bonus scared away bidders.