Chevron (CVX +0.6%) needs to resolve only some "small operational questions” before Brazil’s...

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

Chevron (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.