"Car Wash" News

PEMEX in extortion scandal

Jul 07, 2015

Petróleos Mexicanos (PEMEX) is working with the Secretaría de la Función Pública (SFP) on an investigation involving a PEMEX worker for allegations of extortion from food service and hospitality company Súper Pereyra, S.A. de C.V. Image…

Odebrecht CEO arrested in Petrobras scandal

Jun 19, 2015

Brazilian police arrested Odebrecht President and Chief Executive Officer Marcelo Odebrecht with accusations of bribery and corruption in connection with a scandal currently engulfing Brazilian national Petrobras, on Friday, according to news reports…

Petrobras scandal reaches Asia

Jun 25, 2015

The Petrobras Lava Jato (Car Wash) scandal is hitting Asia this week, as the names of two Singaporean shipbuilders are coming back into play for allegedly being linked to one of the largest oil and gas bribery and corruption waves to hit South America…

Brazil in flux: epic fail or opportunity boom?

May 26, 2015

If the stars align, and if foreign investors and engineers are up for the challenge, Brazil’s massive oil and gas industry could be on the brink of a massive opportunity boom for non-Brazilian oil and gas companies. Conversely, with a major…

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