Brazil reduces Chevron fine for oil spillSeptember 18th, 2012 - 12:03 pm ICT by IANS
Rio de Janeiro, Sep 18 (IANS/EFE) Chevron will be fined $17 million for an offshore oil spill rather than the nearly $25 million announced in July, the head of Brazil’s National Petroleum Agency, or ANP, said Monday.
Chevron Corp. has been assessed a penalty of 35.1 million reais ($17 million) for 24 of the 25 infractions identified as contributing to the November 2011 accident, Magda Chambriard told reporters at the Rio Oil & Gas Fair.
She noted, however, that the fine could increase by 2 million reais ($1 million) depending on how the ANP evaluates the 25th infraction.
The ANP is still reviewing Chevron’s application to resume operations in Brazil and will make its decision without regard to a judge’s ruling that the US-based giant must abandon the South American country, Chambriard said.
- Chevron faces $25 mn fine for Brazil oil spill - Jul 20, 2012
- Brazil suspends Chevron drilling rights after spill - Nov 24, 2011
- `Chevron out of Brazil if it fails to comply with agreement' - Dec 05, 2011
- Brazil to impose more fines on Chevron for oil spill - Nov 30, 2011
- Brazil seeking $10 bn from Chevron for oil spill - Dec 16, 2011
- Petrobras reports gas leak at drilling platform - Nov 28, 2011
- Brazil calls on oil firms to operate responsibly - Mar 22, 2012
- Chevron detects new oil leak in Brazil - Mar 17, 2012
- Brazilian police question Chevron's oil clean-up - Nov 21, 2011
- Brazil fines Chevron for oil spill - Nov 22, 2011