Brazilian prosecutors' planned criminal charges against executives from Chevron (CVX) and...

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

Brazilian prosecutors' planned criminal charges against executives from Chevron (CVX) and Transocean (RIG) for offshore oil leaks threaten to stifle foreign companies' drilling plans in the petroleum-rich nation. "Brazil still needs capital and [tech] expertise," one analyst says. "It is not to Brazil's strategic benefit to frighten people into leaving, or to not investing."