Political connections are essential for Petrobras.
Dilma Rousseff—by prominent Brazilian corporations in return for contracts with Petrobras.
Dozens of companies acknowledged paying bribes to politicians and officials in exchange for contracts with Petrobras.
His case is set to go before Judge Sergio Moro, the anti-corruption crusader who has overseen the Petrobras inquiry, known as Operation Car Wash, since 2014.
Petrobras is investing to boost gas production at home.
Back in 2010 Petrobras was a symbol of Brazil’s economic rise.
Most want Ms Rousseff to be impeached, although she has not been directly implicated in the Petrobras scandal.
Petrobras raises debt through its subsidiary Petrobras Global Finance BV, based in the Netherlands.
It was an exciting moment: Petrobras had found oil off the coast and Odebrecht would become Brazil’s biggest contractor.
Petrobras has largely amortised its investment in the gasfields and has “very good cash flow” from them, says Mr Gabrielli.
Her appointment of Maria das Graças Foster to the top job at Petrobras, the state-controlled oil firm, is particularly striking.
Petrobras also forms partnerships with domestic and foreign companies, and it operates in more than 25 countries around the world.
After Petrobras defrays its costs (including amortisation) it will split the remaining revenue with YPFB under a variable formula.
In September the president fired his energy minister after Brazil objected to his plan to expropriate refineries owned by Petrobras.
Prosecutors allege that the two men tried to help a former Petrobras director who has been convicted of corruption leave the country.
From 2011 to 2016, state-controlled giant Petrobras - which plays a big part in domestic fuel prices - offered great subsidies to consumers.
Beginning in late 2014, Petrobras—already suffering from declining international oil prices—found itself at the centre of a huge political scandal.
The most obvious consequence of the huge scandal surrounding the Brazilian oil giant Petrobras was the toppling of President Dilma Rousseff, who was impeached this week.
What the official figures count as an American loan to Petrobras Global Finance BV in the Netherlands, the researchers reclassify as a loan to Petrobras in Brazil.
Petrobras said: "It eliminates the risk of an adverse judgment which, as Petrobras has previously reported, could have a material adverse effect on the company and its financial situation, and puts an end to the uncertainties, burdens and costs of protracted litigation."
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