Rogerio Santana via Reuters
An aerial view shows oil that seeped from a well operated by Chevron at Frade, on the waters in Campos Basin in Rio de Janeiro state Nov. 18, 2011. The head of Brazil's oil regulator, the ANP, said on Monday that only Chevron, and not its partners, Petrobras and Japanese group Frade Japao, would be fined for the spill. Chevron is being fined about $28 million and is the subject of a federal police probe.
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.
E-mail updates
Follow on Twitter
Subscribe to RSS