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KONSORTIUM FÖRHANDLAR MED PETROBRAS - RTRS
Vitol concealed the scheme through the use of intermediaries and a fictitious company that facilitated the payments to offshore accounts and, ultimately, to the Petrobras officials. Vitol also admitted that from 2011 to 2014, it bribed at least five additional Petrobras officials in exchange for receiving confidential pricing information that Vitol used to win fuel oil contracts with Petrobras. 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. 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 Petrobras scandal, Brazilian political corruption scandal beginning in 2014 that involved the indictment of dozens of high-level businesspeople and politicians as part of a widespread investigation alleging that many millions of dollars had been kicked back to officials of Petrobras, Brazil’s huge majority-state-owned oil company, and to politicians—especially members of the ruling Workers Vitol ska ha betalat 5 miljoner dollar till Ljungbergs bolag Encom Trading SA och Celixore AB för att säkra kontrakt med Petrobras.
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Plans by Petrobras, Vitol Investment Partnership 11, which leads a consortium buying the assets has 50 percent stake, while each of Africa Oil and Delonex Energy has 25 percent. The Vitol executive shared the confidential information with two Vitol traders on a regular basis. The Vitol executive and the Petrobras official regularly met in person to transfer the confidential information using electronic storage devices. Several years later, the monthly bribery payments increased from $5000 per month to $12,000 per month. A Vitol-led consortium of Africa Oil and Delonex agreed exactly a year ago to buy Petrobras' 50% stake in Netherlands-based Petrobras Oil and Gas B.V. (POGBV).
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. The transaction is subject […] A Vitol-led consortium has a $1.5 billion deal pending to purchase Petrobras' stake in prized Nigerian oilfields.
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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.
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According to a Reuters article , Petroleo Brasileiro – Petrobras as it is formally known – said in a securities filing that the settlement was brokered as part of a leniency deal between Vitol and federal 2019-11-25 · A former Petrobras oil trader told a Brazilian judge he received bribes from Vitol Group to favor the firm in contracts with the crude producer, court documents show. Ett Vitol-lett konsortium som inkluderar Africa Oil meddelar att man förvärvar brasilianska Petrobras andel på 50 procent i nigerianska offshore-tillgångar. Marknaden jublar efter beskedet. Despite Vitol’s kickback scheme in Petrobras, Vitol’s US executives were not charged in Brazil, however, it was yet to be revealed whether they had been charged in the United States. TODAY'S MOST POPULAR Vitol concealed the scheme through the use of intermediaries and a fictitious company that facilitated the payments to offshore accounts and, ultimately, to the Petrobras officials. Vitol also admitted that from 2011 to 2014, it bribed at least five other Petrobras officials in exchange for receiving confidential pricing information that Vitol used to win fuel oil contracts with Petrobras.
(Vitol), on 12/03/2020. Vitol was accused of two violations of the Foreign Corrupt Practices Act, an American anti-bribery law, for its conduct from 2005 through 2020. The company will pay $90 million to the U.S. and $45
The first was that Vitol paid bribes in violation of the FCPA in exchange for receiving confidential Petróleo Brasileiro SA (Petrobras) pricing and competitor information. Petrobras said it has been collaborating with authorities since 2014 and was a victim of the schemes. Javier Aguilar, a former Vitol Group manager based in Houston, was charged on Tuesday with
Vitol has been trading oil and petroleum products for over 50 years. Our market leading position is built upon long-term relationships, on our expertise, market understanding, focus on solutions and reputation for reliability. 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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Vitol then held fake negotiations 20 Jan 2021 [13] Petróleo Brasileiro S.A. – Petrobras Form 6-K (Dec.
Under the deal, the consortium will buy a 50 percent share in Petrobras Oil and Gas B.V., a company owning a share in oil fields offshore Nigeria. Plans by Petrobras, Vitol Investment Partnership 11, which leads a consortium buying the assets has 50 percent stake, while each of Africa Oil and Delonex Energy has 25 percent. The Vitol executive shared the confidential information with two Vitol traders on a regular basis. The Vitol executive and the Petrobras official regularly met in person to transfer the confidential information using electronic storage devices.
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Prosecutors allege this bargain price was only achieved through bribery. On 6th June, Ljungberg sent Vitol … Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.
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Ett Vitol-lett konsortium som inkluderar Africa Oil meddelar att man förvärvar brasilianska Petrobras andel på 50 procent i nigerianska De tre bolagen är världens största fristående oljehandlare Vitol och private equity-duon GP Investments och Advent International. Samtliga ska ha lagt bud som Petroleo Brasileiro S.A. – PETROBRAS. LCC0165 3617372Z NA EQUITY PETROBRAS NETHERLANDS BV. LCC1213 Vitol Holding BV. Petroleo Brasileiro (Petrobras). Fossilt.