Operation Car Wash: Petrobras Receives $45 Million in Corruption Settlement with Vitol

Written by Flavia Marinho

Published on 30/12/2020 at 08:01

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According to Petrobras, the company has recovered R$ 4.8 billion in agreements and compensations related to the Lava Jato investigation so far

Petrobras reported yesterday (12/29) in a relevant fact that it received R$ 232.6 million in an agreement with the Swiss energy trading company Vitol, which was implicated in a national corruption investigation in the Lava Jato Operation. Petroleira Perenco Will Make Billion-Dollar Investment in Oil Fields Purchased from Petrobras in the Campos Basin

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

The broad investigation known as the Lava Jato Operation uncovered companies that paid bribes for Petrobras contracts and implicated hundreds of companies and public officials.

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Petrobras Initiates Arbitration Against Odebrecht for R$ 800 Million Related to the Braskem Petrochemical

Petrobras announced last Tuesday (28) that it has initiated an arbitration request for damages against Odebrecht, estimated at approximately R$ 800 million.

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

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

Operation Car Wash: Petrobras Receives $45 Million in Corruption Settlement with Vitol

According to Petrobras, the company has recovered R$ 4.8 billion in agreements and compensations related to the Lava Jato investigation so far

Read Also

Petrobras Initiates Arbitration Against Odebrecht for R$ 800 Million Related to the Braskem Petrochemical

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Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

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Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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It looks just like a metallic card, but this titanium gadget hides more than 70 tools for routine, fishing, technology, and emergencies.

Giant lake in Africa becomes a “natural storm factory” over the Equator, producing extreme lightning at night and revealing why the region hosts some of the largest electrical hotspots on Earth.

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Alert about supplement used by millions for joint pain: observational study associates glucosamine with a 25% higher risk of progression from mild cognitive impairment to dementia and reignites concern.

Operation Car Wash: Petrobras Receives $45 Million in Corruption Settlement with Vitol

According to Petrobras, the company has recovered R$ 4.8 billion in agreements and compensations related to the Lava Jato investigation so far

Read Also

Petrobras Initiates Arbitration Against Odebrecht for R$ 800 Million Related to the Braskem Petrochemical

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

Astronomers discover black hole wind traveling at 323 million km/h, a speed equivalent to 30% of the speed of light and considered a record.

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Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.

It looks just like a metallic card, but this titanium gadget hides more than 70 tools for routine, fishing, technology, and emergencies.

Giant lake in Africa becomes a “natural storm factory” over the Equator, producing extreme lightning at night and revealing why the region hosts some of the largest electrical hotspots on Earth.

Japanese fans transform NFL stadium into a global example of education at the 2026 World Cup; after a dramatic draw against the Netherlands, blue bags used in the celebration become a cleaning tool and the stands end up trash-free in the United States.

Alert about supplement used by millions for joint pain: observational study associates glucosamine with a 25% higher risk of progression from mild cognitive impairment to dementia and reignites concern.