Brazil police take statements in Petrobras probe

 Brazilian police Saturday began questioning some two dozen people arrested in the course of a wide-ranging probe into allegations of a multi-billion-dollar kickback scheme at state-owned oil giant Petrobras the day before.

Second Petrobras director arrested in graft case

 Brazilian police said Friday they made 27 arrests, including the detention of a former official for state-owned oil giant Petrobras, as a multi-billion kickbacks scandal deepened.

Brazilian presidential candidates speak up against corruption

Brazilian President Dilma Rousseff and opposition leader Aecio Neves, who will face off in the October 26 runoff election, have harshly attacked each other in a new televised debate over corruption scandals in their respective parties.

Brazilian President Dilma Rouseff exonerated in probe of refinery deal

Brazil`s federal audit tribunal has said that President Dilma Rousseff bore no responsibility for state-controlled oil giant Petrobras`s ultimately disastrous acquisition of a US refinery in 2006.

Brazil names 46 suspects in money-laundering, drug probe

Police in Brazil have named 46 people, including an ex-executive at oil giant Petrobras, as suspects in an alleged USD 4.5 billion money laundering and drug operation, officials have said.

Bill Clinton wades into US-Brazil cyberspy row

Former US president Bill Clinton, currently on a visit to Rio de Janeiro, said he opposes economic espionage on Washington`s allies such as Brazil.

Petrobras to exit ONGC block, Shell keen to get in

Brazil`s Petrobras had decided to
quit Oil and Natural Gas Corp`s (ONGC) prolific gas discovery
block in the Krishna Godavari basin, a vacancy that Royal
Dutch/Shell and BP Plc are keen to fill-in.