Brazil antitrust regulator inks first Petrobras leniency deal

Brazil's antitrust regulator has secured the cooperation of some engineering firms and executives in the first leniency agreement arising from a bribery scandal at state-run Petrobras, the agency said on Friday. The firms, Setal Engenharia e Construções and Setal Óleo e Gás (SOG), agreed on Thursday to admit to price-fixing contracts with state-run Petroleo Brasileoro SA (Petrobras) and provide information to investigators, the regulator said in a statement. The engineering firms and executi