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Chevron (CVX +0.6%) needs to resolve only some "small operational questions” before...
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Tuesday, February 19, 12:53 PM ETChevron (CVX +0.6%) needs to resolve only some "small operational questions” before Brazil’s National Petroleum Agency gives clearance to restart production at the Frade oil field, the regulator's director says. A 2011 drilling accident caused ~3,700 barrels of crude oil to seep from cracks in the sea floor; the ANP fined CVX, which has denied any wrongdoing but still faces litigation.
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