Two U.S.-based PDVSA execs plead guilty Jan 10 (Reuters) – Two U.S.-based energy executives pleaded guilty on Tuesday to U.S. charges stemming from a scheme to corruptly secure contracts by bribing officials from Venezuela’s state oil company PDVSA. A former general manager of a Florida-based energy company, Juan Jose Hernandez Comerma, 51, and an owner of […]
U.S. probe of PDVSA spurs more guilty pleas Read More »
Two Venezuelans living in US pleaded guilty in PDVSA bribery scandal By Nate Raymond Dec 5 (Reuters) – A unit of Venezuela’s state-run oil company PDVSA has asked a U.S. court to order two businessmen to compensate it for carrying out a “staggering” bribery scheme that cost the company $600 million in losses. A motion filed
PDVSA bribery scandal: Company seeks compensation in case Read More »
Petrobras corruption case implicated politicians, businessmen in bribe, kickback scheme MADRID, Nov 22 (Reuters) – Spanish police have arrested a man suspected of being a “financial mastermind” in a corruption network at Brazil’s semi-public oil company Petrobras , the Interior Ministry said on Tuesday. The man, 43, is of dual Brazilian and Spanish nationality and
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Petrobras scandal may send former President Lula to jail By Sergio Spagnuolo CURITIBA, Brazil, Sept 14 (Reuters) – Brazilian prosecutors charged ex-President Luiz Inacio Lula da Silva on Wednesday with being the “boss” of a vast corruption scheme at state oil company Petrobras, in a major blow to the leftist hero’s hopes of a political comeback.
Brazil’s Lula charged as ‘top boss’ of Petrobras graft scheme Read More »
Barclays fined $560,000 July 6 (Reuters) – The U.S. Commodity Futures Trading Commission ordered Barclays Plc to pay $560,000 on Wednesday, saying the bank failed to submit accurate reports on large traders’ positions for physical commodities swaps. The CFTC found that between July 2012 and March 2013, Barclays submitted reports with incorrect position information for
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Pirates can get money in hours after a kidnapping By Jonathan Saul LONDON, May 3 (Reuters) – Gangs of pirates in West Africa are switching to kidnapping sailors and demanding ransom rather than stealing oil cargoes as low oil prices have made crude harder to sell and less profitable, shipping officials said on Tuesday. Attacks in the Gulf
West Africa pirates switch to kidnapping crew as oil fetches less Read More »
One foreign national, five Americans charged in PDVSA investigation HOUSTON _ A Venezuelan national living in Florida and four other people have pleaded guilty to federal charges for a bribery scheme involving millions of dollars in contracts between U.S.-based energy firms and Venezuela’s state-run oil company, prosecutors said Wednesday. Officials responsible for procurement at the company, known
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HitchBOT destroyed in Philadelphia TORONTO – Collapsed among trash and dead leaves, its arms ripped off and its skull and brain nowhere in sight, the talking and tweeting hitchhiking robot from Canada met its untimely end in Philadelphia over the weekend. But there may be another chance at life for the child-sized travelling robot. HitchBOT’s co-creators Frauke
HitchBOT creators mull rebuild after it was destroyed in US Read More »
