Thursday, July 19, 2012

Reuters: Regulatory News: Brazil regulator says Chevron could have avoided spill

Reuters: Regulatory News
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Brazil regulator says Chevron could have avoided spill
Jul 19th 2012, 18:30

RIO DE JANEIRO, July 19 | Thu Jul 19, 2012 2:30pm EDT

RIO DE JANEIRO, July 19 (Reuters) - Brazil oil regulator ANP said U.S. oil company Chevron Corp could have avoided an oil spill at its offshore Frade field in November if it had done a better job interpreting geological data, the regulator's director Magda Chambriard said on Thursday.

The regulator said fines would be announced within 30 days, based on its final report.

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