Brazil fines Chevron $5.4m for oil spill

[dbt]

Source: BBC

Brazil has fined US oil giant Chevron $5.4m (£3.5m) for breach of its environmental licence when it tackled an oil spill in November.

Brazil's Ibama environmental agency said Chevron lacked the necessary equipment and was slow to respond.

Ibama had already fined Chevron $28m for causing the spill off the coast of Rio de Janeiro.

Chevron is also facing an $11bn lawsuit over the spill of about 3,000 barrels of crude oil at the Frade field.


Read more: http://www.bbc.co.uk/news/world-latin-america-16324446

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Article notes that Brazil has suspended drilling operations of Chevron and its contractors.

[classysassy]

1. Gas prices are sure to go up

any excuse by the gas crooks to raise pricers.Where are our congresscritters,are they on the beaches of Mexico at ther expenc e of big oil?,no wonder we are gouged by the oil companies with the help of the elected crooks.We need to clean out the house and the senate in 2012,greed has corrupted our government.