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Chevron (CVX) has appealed against an injunction stopping the company and Transocean (RIG) from...

  • Friday, August 17, 2012, 3:24 AM ET
    Chevron (CVX) has appealed against an injunction stopping the company and Transocean (RIG) from operating in Brazil until the companies and some of their execs have been tried over last November's oil spill at the Frade offshore field northeast of Rio de Janeiro. Chevron also wants to restart drilling at the field, which has been shut since March.
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    Why is no one concerned over the $19B judgment against CVX by Ecuador? Apparently everyone believes it will be reduced by a large amount on appeal?
    18 Aug 2012, 04:13 PM Reply Like
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