A Brazilian federal prosecutor launches his second 20B real lawsuit ($10.9B) against Chevron...

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

A Brazilian federal prosecutor launches his second 20B real lawsuit ($10.9B) against Chevron (CVX) and Transocean (RIG) relating to an oil leak in Chevron's offshore Frade field (earlier). The new suit also seeks to prevent the two companies from operating in Brazil, transferring profits or equipment from the country, and obtaining government financing.