From humble beginnings, Petr leo Brasileiro S.A. (Petrobras) became one of the largest integrated oil and gas companies, gaining a reputation for sound leadership and strong technical expertise. By the mid-2000s the company was often cited as one of the best managed national oil companies. By 2016 Petrobras was in a very different position. The company was embroiled in a multi-billion dollar corruption scandal and was one of the most indebted companies in the world. The decade-long corruption scheme reached the highest levels of business and Brazilian politics - Brazil's President, Dilma Rousseff, was the chairwoman of the Petrobras board from 2003 to 2010. Several senior Petrobras executives and Brazilian politicians had been arrested on allegations of bid rigging and bribery and more arrests were likely. In 2015 Petrobras was forced to write down the value of its assets by $14.9 billion and take a $2.1 billion charge for the scandal. Capital investments would be reduced significantly over the next five years in order to reduce debt and help recover investor confidence.

【書誌情報】

ページ数：12ページ

サイズ：A4

商品番号：HBSP-TB0433

発行日：2016/1/1

登録日：2016/2/18