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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Harry Cassin Managing Editor


Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Petrobras (73)

Wednesday
Oct032018

Petrobras tops new top ten disgorgement list

Petrobras's $1.78 billion FCPA resolution last week included disgorgement of $933.5 million, the biggest ever ordered in an FCPA enforcement action.

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Wednesday
Oct032018

Luis Dantón Martínez Corres: USMCA heralds new era of anticorruption and compliance

It is not an overstatement to say that a new era on anticorruption and compliance cooperation and coordination efforts has begun with the announcement of the United States-Mexico-Canada Trade Agreement or USMCA, which is set to replace NAFTA as soon as it is signed in late November of 2018 and subsequently ratified in 2019.

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Friday
Sep282018

Petrobras smashes the top ten list (and we explain why)

Brazil's state-owned energy giant entered into the biggest FCPA settlement in history Thursday after the DOJ and SEC assessed penalties and disgorgement totalling $1.78 billion.

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Thursday
Sep272018

Petrobras reaches $1.78 billion FCPA resolution

The DOJ and SEC assessed penalties and disgorgement of $1.78 billion Thursday against Brazil's state energy company to resolve FCPA violations involving massive bribes to politicians and political parties in Brazil.

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Tuesday
Jul032018

FCPA issues surface in $622 million U.S. arbitration award against Petrobras

Vantage Drilling's Titanium ExplorerBrazil's state oil company and one of its big U.S.-based drilling contractors are locked in bitter litigation following allegations that the contractor won a disputed contract by paying bribes through a middleman.

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Thursday
Jan042018

Petrobras pays $2.95 billion to resolve U.S. class action corruption claims

Brazil's state-controlled energy giant Petrobras signed an agreement to settle a securities class action lawsuit filed in federal court in New York that alleged shareholders lost money because of corruption at the company.

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Tuesday
Jan022018

At Keppel, it wasn't a rogue employee. It was widespread corruption

Keppel Offshore & Marine acted against 17 former or current employees for their roles in the Brazil bribery scandal the company resolved in December for $422 million.

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Friday
Nov102017

Former SBM Offshore executives admit FCPA conspiracy

Two former executives of Dutch oil services company SBM Offshore NV pleaded guilty to bribing officials at Brazil’s Petrobras and two state-owned energy firms in Africa.

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Thursday
Aug242017

Petrobras suspends compliance chief for conflict of interest

Brazil's scandal-plagued oil giant suspended its compliance chief while he defends himself against charges of hiring Deloitte on a no-bid contract while his daughter was talking to the firm about a job.

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Tuesday
Apr252017

Resource Alert: New guidance on corruption red flags in oil, gas and mining deals 

An oil and gas or mining company can avoid all kinds of reputational and legal challenges by swearing off deals with certain corruption warning signs. This month’s developments in an evolving scandal might have Royal Dutch Shell wishing it had done so.

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Thursday
Apr062017

Roberto P. Bauzá: A judge brings honor to Brazil

This week I had the pleasure and privilege of attending a public speech given by Judge Sergio Moro in Buenos Aires before an audience of local attorneys, businessmen, members of the judiciary and government officials.

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Wednesday
Mar012017

Petrobras settles U.S. civil claims for graft losses

Brazil's Petrobras has approved settlements with four U.S. investors related to an ongoing corruption investigation. 

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