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Chevron (CVX +0.5%) has offered to pay $149M to settle two civil lawsuits in Brazil related to...

Chevron (CVX +0.5%) has offered to pay $149M to settle two civil lawsuits in Brazil related to an oil spill in 2011, with final approval of the deal likely in January, Brazil's federal prosecutor's office says. The deal can be approved if the country's environmental regulator confirms the spill didn't cause any environmental damage, as Chevron has claimed.
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