VOICED : Petrobras redujo perdidas pero cerro en rojo por cuarto ano

In 2017, Petrobras reported a net loss of 446 million reais, equivalent to 139 million dollars, marking its fourth consecutive year of losses. However, this was a significant improvement from the 14.824 billion reais lost the previous year. The losses were attributed to a large indemnity paid to US investors due to a corruption scandal and adherence to federal debt regularization programs. Petrobras claims to be a victim of the crimes exposed by Operation Lavallato, which revealed a bribery scheme involving politicians and led to the imprisonment of several business and political elites in Brazil.

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