South America For the past 30 years or so, Brazil has increased its oil production every year. Brazil’s state-owned oil company, Petrobras, has become a world class producer of offshore drilling technology, which puts it in a good position for the future, as...
South America On 6 March, Colombian president Juan Manuel Santos signed the country’s access to information law. This was the last formal step of a long process led by civil society organisations collaborating with many sectors in the country.
South America Brazil's Supreme Court upheld late on Wednesday an opposition request for a congressional inquiry into alleged corruption at state-run oil company Petroleo Brasileiro SA, a ruling that could upset President Dilma Rousseff's re-election plans.
South America Despite a mushrooming scandal at state-run oil company Petrobras and bad news on the economic front, Brazil's President Dilma Rousseff is still the hands-down favorite to win the elections in October, according to a new poll on Wednesday.
South America Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and Venezuelan state economic development banks.
South America Brazilian President Dilma Rousseff on Monday lashed out at critics of Petroleo Brasileiro SA, saying accusations of corruption, cost-overruns and stagnation at the state-run oil company were politically-motivated.
South America The purchase of a Texas oil refinery by Brazil's state-run oil company has become a campaign issue as opponents of President Dilma Rousseff use it to attack her reputation as a no-nonsense manager and weaken her lead ahead of the October election.
South America Argentina has been shaken by a recent wave of incidents of mob “justice,” underscoring public frustration with rising crime and ineffectual police work.
South America Mr Kjerstad was chairman of the board at the small oil company Discover Petroleum International (DPI) when he and 13 others were indicted for corruption in Peru in 2008.
South America Argentina’s Chubut provincial prosecutor initiated a probe of alleged bribes by BP Plc (BP/)’s Argentine venture Pan American Energy LLC to extend its Cerro dragon oil field concession seven years ago.