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Brazil fines Chevron $28 million for oil spill

AP reports:

SAO PAULO — Brazil's environmental agency said Monday it will fine Chevron nearly $28 million for a continuing oil spill off the Rio de Janeiro coast, and the company could face several more similar fines in the coming days.

The agency said through its press office that it will fine the oil company the maximum 50 million reals allowed under current Brazilian law.