Odebrecht's trail of destruction
The builder's region-wide corruption scheme has endangered energy projects across Latin America, none more important that Peru's Southern Gas Pipeline
The fallout from Brazil's Lava Jato (Carwash) corruption scandal is spilling out across Latin America. The Brazilian builder Odebrecht, whose fall from national corporate champion to national disgrace has been swift and spectacular, admitted in December as part of a $3.5bn plea deal with the US government to systematically bribing officials to win business across 12 countries, mostly in Latin America. The US alleges that the company, along with Brazil's Braskem, paid $0.788bn in bribes to win more than 100 contracts, mostly for public works and infrastructure. It was the biggest settlement ever under the US' Foreign Corrupt Practices Act. Odebrecht, according to the suit, essentially exporte
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
