1.Across the world — and across borders — governments and citizens are taking an increasingly tough line against oil sector corruption. That means oil companies face greater legal and financial risks from playing by local rules in places where bribe-taking is endemic, such as Africa and Latin America. 2. Europe is in the vanguard of the anticorruption fight, with a focus on uncovering cross-border oil sector bribe payments. Yet criminal investigations in the developing world — such as that roiling Brazil's state Petrobras — are a sign that governance standards in some long-standing bastions of corruption are starting to shift.
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