According to Petrobras, so far the company has recovered 4,8 billion reais in agreements and compensation related to the Lava-Jato investigation.

Petrobras informed yesterday (29/12) in a material fact that it received 232,6 million reais in an agreement with the Swiss energy trading company Vitol, which was implicated in a national investigation of corruption in Operation Lava Jato. Petroleira Perenco will invest billions in oil fields purchased from Petrobras, in the Campos Basin

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In the statement, the Brazilian state oil company said the deal was brokered as part of a leniency agreement between Vitol and the Federal Public Ministry.

The wide-ranging investigation, known as Operation Lava Jato, uncovered companies that paid bribes for Petrobras contracts and implicated hundreds of companies and public officials.

According to Petrobras so far, the company has recovered 4,8 billion reais in agreements and compensation related to the Lava Jato investigation.

Earlier this month, Vitol's US subsidiary agreed to pay $164 million to settle US government investigations into alleged bribes the company paid in Brazil and other countries to boost its oil trading business. Vitol said in a statement at the time that he does not tolerate corruption and is cooperating with authorities.

Petrobras opens arbitration against Odebrecht for BRL 800 million related to the petrochemical company Braskem

Petrobras informed last Tuesday (28) that it initiated an arbitration request with a demand for damages against Odebrecht, estimated at approximately 800 million reais.

According to the market report, Petrobras alleges violation of the terms of the shareholders' agreement regarding Braskem. The petrochemical company Braskem is not a party to said arbitration, which is protected by confidentiality, explained the statement.

In August of this year, Odebrecht announced that it will sell its entire stake in Braskem. The news came through a document sent to the Securities and Exchange Commission (GVC).