Bullish option flow detected in Petrobras (PBR) with 15,262 calls trading, 5x expected, and implied vol increasing almost 4 points to 21.65%.

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Glenn Oztemel, 66, of Westport, played a key role in lengthy scheme to bribe Brazilian government officials and launder money ...

BRIDGEPORT — A former senior oil and gas trader from Westport was sentenced Dec. 9 to 15 months in prison for his role in a nearly eight-year-long scheme to bribe Brazilian government officials and to ...

Workers at Brazilian state-run oil company Petrobras will kick off a strike on Monday, their union said in a statement on ...

Workers at Brazil's Oil & Gas giant Petróleo Brasileiro S.A. (NYSE:PBR), aka Petrobras, have announced a nationwide strike ...

Petrobras oil workers approved a nationwide strike in Brazil starting December 15, as union federation FUP deemed the company ...

A Connecticut man was sentenced for an 8-year-long scheme that involved bribing Brazilian government officials and laundering ...

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To conceal the scheme…co-conspirators used coded language like ;breakfast’ and ‘freight deviation’ to refer to the bribes,” authorities said.

I believe Petrobras' cheap P/E reflects structural risk factors to a large degree. Click here to read more about PBR stock ...

Shell is seeking a buyer for a 20% stake in its Brazilian oilfield cluster to help fund a multibillion-dollar offshore ...