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Brazil's oil agency fines Chevron (CVX) 35M reais ($17.3M), with possible additional fines...

Brazil's oil agency fines Chevron (CVX) 35M reais ($17.3M), with possible additional fines pending, for its role in last November's Frade field offshore oil spill; CVX also reportedly is creating teams in Brazil to oversee risk and containment. Last week, an earlier ruling from Brazil's second-highest court banning operations by CVX and Transocean (RIG) was upheld.
Comments (1)
  • brerbaar
    , contributor
    Comments (5) | Send Message
     
    A ripoff by a Marxist led government.
    18 Sep 2012, 09:56 PM Reply Like
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