You Are Here: Home » Posts tagged with "state oil company"
Investor Sentenced to Prison for Scheme to Bribe Azerbaijan Government Officials
Frederic A. Bourke Jr., of Greenwich, Conn., has been sentenced in U.S. District Court in Manhattan to one year and one day in prison. Following a six-week trial, Bourke, 63, was found guilty on July 10, 2009, of conspiracy to violate the Foreign Corrupt...
Connecticut Investor Found Guilty in Overseas Government Bribery Scheme
Frederic A. Bourke Jr., 63, has been found guilty by a federal jury in Manhattan of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) and the Travel Act, and making false statements to the FBI. Bourke, of Greenwich, Conn., was convicted following...
Venezuela Signs Energy Pacts with Portugal, Ecuador, And China for Orinoco Oil
Over the past week, the Venezuelan government and its state oil company PDVSA signed agreements with Portugal, Ecuador, and China to jointly produce, refine, and market petroleum from Venezuela’s Orinoco Oil Belt. Planned projects will cost tens...
Venezuela And Brazil Strengthen Cooperation Via Refinery And 7 Other Agreements
Brazilian President Luiz Inacio Lula da Silva and Venezuelan President Hugo Chávez signed eight bilateral cooperation accords in the areas of energy, education, and agriculture Wednesday, including a preliminary agreement for the new José Inacio...
Exxon Must Undo False Accusations Against Venezuelan Oil Company – Political Opinion
Thursday marked the deadline for ExxonMobil to undo the damage it had done to the international reputation of the Venezuelan state oil company PDVSA by pursuing a $12 billion freeze of PDVSA assets in early February during international arbitration in...
London Court Rules in Favor of Venezuela in Dispute with Exxon
British Judge Paul Walker declared in a London courtroom today that the freezing of $12 billion in assets of the Venezuelan state oil company PDVSA shall be revoked. The decision is a major defeat for the world’s largest oil company, ExxonMobil,...
