Chevron (CVX -2.2%) gets slapped with a $28M fine from Brazil's government for its culpability...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX -2.2%) gets slapped with a $28M fine from Brazil's government for its culpability in an offshore oil spill - a relatively minor total compared to the untapped potential of the 50B barrels of oil forecast to be in the region. Transocean (RIG -1.1%) is also starting to take on some collateral damage due to the spill after Rio state's environment secretary said the firm was at risk of losing its operating license for the oil field.