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It began using an industrial-size retort to process shale in the 1990s. In 2006, Petrobras said that their industrial retort had the capacity to process 260 tonnes/hour of oil shale. Vitol’s agent for Brazilian oil deals was a key player in a network shown in court documents to have drawn up multiple bribery schemes, with the collaboration of insiders at state oil firm Petrobras. Vitol paid him through an offshore company that had been at the centre of this network’s plans. Carlos Roberto Martins Barbosa said he collected payoffs between 2003 and 2005 to steer fuel oil contracts to Vitol with Petrobras, as the state-controlled company is known, and give Vitol more A Vitol-led consortium has agreed to acquire a Petrobras’ offshore fields in Nigeria for $1.407 billion. The consortium buying the stake is comprised of Vitol, Africa Oil, and Delonex.

Vitol petrobras

(Vitol), on 12/03/2020. Vitol, Glencore and Trafigura did tens of billions of dollars in business with Brazil's state petroleum company over the period in question, leaving considerable room for an investigation. Vitol empleó una red de intermediarios y una compañía ficticia para canalizar los pagos a través de cuentas en terceros países y finalmente hacerlos llegar a los responsables de Petrobras No Brasil, um executivo da Vitol entregou dinheiro a funcionários da Petróleo Brasileiro SA (Petrobras) em troca do “número de ouro” – o preço que a Vitol deveria apresentar para vencer as licitações da estatal brasileira de petróleo. 2019-11-23 · Swiss investigation helps expose corruption network involving Vitol, Trafigura and Petrobras. Saturday, November 23rd 2019 - 09:33 UTC. Full article. Petrobras said that it has recovered 4.8 billion reais in settlements and compensation related to the Car Wash investigation to date.

Netherlands-based Vitol purchased 50 p.c of Rodoil in October and Glencore purchased 78 p.c of Ale Combustiveis this 12 months.

Vitol Nigeria Petrobras

($1 = 5.2099 reais) (Reporting by Jake Spring; Editing by Sam Holmes) Our Standards: The Vitol’s Americas division has been in focus as part of the Brazilian “Carwash” investigations. A former Petrobras oil trader who went by the code name “Phil Collins” told a Brazilian judge last year he received bribes from the trading house to favor the firm in contracts from 2003 to 2005.

Oil price, PetroTal, Union Jack/Reabold - Malcy's Blog

The transaction is subject […] A Vitol-led consortium has a $1.5 billion deal pending to purchase Petrobras' stake in prized Nigerian oilfields. The new developments also signal that Brazil's landmark Car Wash probe may be far Petrobras has concluded the sale of its 50% stake in Petrobras Oil & Gas BV (POGBV), through which it held stakes in Nigeria’s Egina and Agbami fields. by Ed Reed 15/01/2020, 3:02 pm Updated: 15 2021-03-18 · Den brasilianska oljejätten Petrobras, som brottas med skulder och korruptionsutredningar, uppges vilja sälja sina afrikanska tillgångar.

Vitol’s agent for Brazilian oil deals was a key player in a network shown in court documents to have drawn up multiple bribery schemes, with the collaboration of insiders at state oil firm Petrobras.
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2019-11-27 · Ex-Petrobras Trader ‘Phil Collins’ Says Vitol Bribed Him A former Petroleo Brasileiro SA oil trader who went by the code name “Phil Collins” told a Brazilian judge he received bribes from Vitol Group to favor the firm in contracts with the crude producer, court documents show. 2018-11-01 · A consortium led by Vitol and comprising Africa Oil (25%), Delonex (25%) and Vitol (50%), has entered into a Share Purchase Agreement (‘SPA’) to acquire a 50% ownership interest in Petrobras Oil and Gas B.V. for $1.407 billion. BTG Pactual E&P B.V. will continue to own the remaining 50% of POGBV.

22 Oct 2020 Petrobras said in an e-mailed response it only learned of Tuesday's and other information provided by Marcio Dutra Goncalves, a former Vitol 3 Dez 2020 A trading Vitol fechou acordo de leniência com o Ministério Público Federal e acertou o pagamento de multas de R$ 232 milhões à Petrobras 26 Nov 2020 Court documents made public on Thursday included search warrants against a former Petrobras executive, approved based on plea-bargain 30 Dic 2020 Petrobras recibe US$44,5M tras un acuerdo entre Vitol y la Fiscalía Federal por el caso Lava Jato. El acuerdo del que informa Petrobras fue 4 Nov 2019 The agreement follows Vitol and Delonex decisions to withdraw from the purchase of 50% of the share capital of Petrobras Oil & Gas. 5 déc.
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One of such is the Russian oil company Lukoil, which earlier this year opened preliminary talks with the Brazilians. By Fred Akanni, in Lagos A consortium led by Vitol and comprising Africa Oil Corp. (25%), Delonex Energy Ltd. (25%) and Vitol Investment Partnership II Ltd. (50%), has entered into a Share Purchase Agreement (SPA) to acquire a 50% ownership interest in Petrobras Oil and Gas B.V. for $1.407Billion. “Vitol and its co-conspirators caused corrupt payments of more than $3 million to be made to Brazilian Official 1 [described as a fuel oil trader for Petrobras] and at least three other officials at Petrobras in exchange for receiving confidential Petrobras information, including: (i) “market intelligence,” which included internal Petrobras import and export forecasts and other Petrobras said that it has recovered 4.8 billion reais in settlements and compensation related to the Car Wash investigation to date. Earlier this month, Vitol's U.S. subsidiary agreed to pay $164 million to resolve U.S. government probes into alleged bribes the company paid in Brazil and other countries to boost its oil trading business. 2019-11-02 · Oil trader Vitol and Delonex Energy have quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil’s Petrobras.