Petrobras

  • Connecticut Trader Convicted in Petrobras Bribery Case

    A Connecticut oil and gas trader, Glenn Oztemel, was convicted on Thursday for orchestrating a nearly eight-year bribery scheme involving officials at Brazil’s state-owned oil company, Petrobras. U.S. prosecutors revealed that Oztemel, 65, from Westport, Connecticut, paid more than $1 million in bribes to secure business for two Connecticut trading companies, Arcadia Fuels and Freepoint…