Chevron (CVX +0.7%) could be fined as much as $84M by Rio de Janiero for environmental damage...

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

Chevron (CVX +0.7%) could be fined as much as $84M by Rio de Janiero for environmental damage due to the oil spill at the company's Frade project off the country's east coast. Operations will be monitored by the Brazilian government for two years through satellites, helicopters and vessels, the state’s environmental agency said in a statement.