Brazil hits Chevron with new oil fine

2011-12-24 21:20
Sao Paulo - Brazil's environmental protection agency says it has slapped a new fine on US oil company Chevron for the alleged breach of its environmental license in handling last month's oil spill off the coast.

The agency says on its website that Chevron was fined 10 million reals ($5.4m) because it did not have the necessary equipment and was slow to respond when the leak was detected.

The agency had already fined Chevron 50 million reals ($27m) for the spill.

Oil started leaking at the site of a Chevron appraisal well on November 7, about 370km off the north-eastern coast of Rio de Janeiro state.

Chevron did not immediately respond to an e-mailed request for comment on Saturday.
Read more on:    chevron  |  brazil  |  environment

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