Petróleo Brasileiro S.A., better known by and trading as the portmanteau Petrobras, is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras.
Petrobras 36 (P-36) was at the time the largest floating semi-submersible oil platform in the world prior to its sinking on 20 March 2001. It was owned by Petrobras, a semi-public Brazilian oil company headquartered in Rio de Janeiro. The cost of the platform was US$350 million.
Companhia Energética de Minas Gerais S.A. is a Brazilian power company headquartered in Belo Horizonte, capital of the state of Minas Gerais. The company is one of the main electricity concessionaires in Brazil. It operates in the areas of generation, transmission, distribution and commercialization of electric energy and also in the distribution of natural gas. The company is responsible for 12% of the Brazil's distribution. It is the fourth-largest electricity company in Brazil by revenue after Eletrobras, Energisa and CPFL Energia.
Ipiranga Produtos de Petróleo S.A, commonly shortened to Ipiranga, is a Brazilian fuel company headquartered in Rio de Janeiro, Brazil, and is a subsidiary of Ultra. It is the second-largest Brazilian fuel distribution company, and the largest in the private sector.
Betim is a town in Minas Gerais, Brazil. The city belongs to the mesoregion Metropolitan of Belo Horizonte (BH) and to the microregion of Belo Horizonte. It is the fifth largest city in Minas Gerais and one of the 50 largest cities in the Southeast of Brazil.
Brazil is the 7th largest energy consumer in the world and the largest in South America. At the same time, it is an important oil and gas producer in the region and the world's second largest ethanol fuel producer. The government agencies responsible for energy policy are the Ministry of Mines and Energy (MME), the National Council for Energy Policy (CNPE), the National Agency of Petroleum, Natural Gas and Biofuels (ANP) and the National Agency of Electricity (ANEEL). State-owned companies Petrobras and Eletrobras are the major players in Brazil's energy sector, as well as Latin America's.
Petrobras Transporte S.A., commonly shortened Transpetro, is the largest oil and gas transportation company of Brazil. Transpetro works with transportation and storage activities of oil and byproducts, ethanol, biofuels and natural gas. It is responsible for a network of more than 11,000 kilometres (7,000 mi) of oil and gas pipelines, connected to terminals and an oil tanker fleet, in 2015. Transpetro's fleet consisted of 6 gas carriers, 16 oil tankers, 5 product tankers, and 9 shuttle tankers as of 2023.
Cosan S.A. is a public-listed company, a Brazilian conglomerate producer of bioethanol, sugar and energy. The company operates in Brazil, Argentina, Uruguay, Paraguay, Bolivia. They also operate in the United Kingdom under the brand name Moove, manufacturing and supplying Mobil Lubricants, Greases, Cutting Fluids, Coolants and Aerosols.
Centro is a neighborhood in the Central Region of Rio de Janeiro, Brazil. It represents the financial heart of the city, and the crux of the Central Region.
Refinaria de Paulínia or simply REPLAN is a petroleum refinery located in the city of Paulínia in the São Paulo state, in Brazil. REPLAN is the largest refinery of the Brazilian company Petrobras, with a capacity of about 360,000 barrels per day (57,000 m3/d), which accounts for about 20% of Brazilian overall petroleum refining capacity. About 80% of the processed petroleum is produced in Brazil, mostly from the Campos Basin.
Corruption in Brazil exists on all levels of society from the top echelons of political power to the smallest municipalities. Operation Car Wash showed central government members using the prerogatives of their public office for rent-seeking activities, ranging from political support to siphoning funds from state-owned corporation for personal gain. The Mensalão scandal for example used taxpayer funds to pay monthly allowances to members of congress from other political parties in return for their support and votes in congress. Politicians also used the state-owned and state-run oil company Petrobras to raise hundreds of millions of reais for political campaigns and personal enrichment.
Operation Car Wash was a landmark anti-corruption probe in Brazil. Beginning in March 2014 as the investigation of a small car wash in Brasília over money laundering, the proceedings uncovered a massive corruption scheme in the Brazilian federal government, particularly in state-owned enterprises. The probe was conducted through a joint task force of agents in the federal police, revenue collection agency, internal audit office and antitrust regulator. Evidence was collected and presented to the court system by a team of federal prosecutors led by Deltan Dallagnol, while the judge in charge of the operation was Sergio Moro. Eventually, other federal prosecutors and judges would go on to oversee related cases under their jurisdictions in various Brazilian states. The operation implicated leading businessmen, federal congressmen, senators, state governors, federal government ministers, and former presidents Collor, Temer and Lula. Companies and individuals accused of involvement have agreed to pay 25 billion reais in fines and restitution of embezzled public funds.
In 2015 and 2016, a series of protests in Brazil denounced corruption and the government of President Dilma Rousseff, triggered by revelations that numerous politicians allegedly accepted bribes connected to contracts at state-owned energy company Petrobras between 2003 and 2010 and connected to the Workers' Party, while Rousseff chaired the company's board of directors. The first protests on 15 March 2015 numbered between one and nearly three million protesters against the scandal and the country's poor economic situation. In response, the government introduced anti-corruption legislation. A second day of major protesting occurred 12 April, with turnout, according to GloboNews, ranging from 696,000 to 1,500,000. On 16 August, protests took place in 200 cities in all 26 states of Brazil. Following allegations that Rousseff's predecessor, Luiz Inácio Lula da Silva, participated in money laundering and a prosecutor ordered his arrest, record numbers of Brazilians protested against the Rousseff government on 13 March 2016, with nearly 7 million citizens demonstrating.
Events in the year 1984 in Brazil.
Marcelo Bahia Odebrecht is a Brazilian businessman and the former CEO of Odebrecht, a diversified Brazilian Conglomerate. In March 2016, he was sentenced to 19 years in prison for paying more than $30 million in bribes. The jail sentence was reduced to ten years in prison in December 2016 for paying a fine, admitting guilt and providing evidence to authorities.
Aldemir Bendine was the chief executive officer (CEO) of Petrobras.
The 2018 Brazil truck drivers' strike, also called the diesel crisis, was a strike of self-employed truck drivers that began on 21 May 2018.
Patrícia Campos Mello is a Brazilian journalist. She works at Folha de S.Paulo as a news reporter and columnist. In 2020, she received the Maria Moors Cabot Award, from Columbia University. In 2019, she received the International Press Freedom Award from the Committee to Protect Journalists. In 2018, she received the King of Spain International Journalism Award. And in 2020 she was awarded the Ordre National du Mérite by the government of France. In 2016, she received the Troféu Mulher Imprensa award.
A long series of criminal investigations have occurred in Brazil associated with Operation Car Wash. The first investigation was launched in March 2014, and is now known as phase 1 of the investigation, with subsequent inquiries numbered sequentially and having code names such as phase 2, phase 3, and so on. By February 2021, there were 80 announced phases of Operation Car Wash.
The Odebrecht–Car Wash leniency agreement, also known in Brazil as the "end of the world plea deal", was the leniency agreement signed between Odebrecht S.A. and the Public Prosecutor's Office (PGR) in December 2016, as part of Operation Car Wash. The agreement provided for the deposition of 78 of the contractor's executives, including the former president Marcelo Odebrecht, and his father, Emílio Odebrecht, which generated 83 investigations at the Supreme Federal Court (STF).
US$ 25.1 billion (2018) [1] 
