Home Chevron and Brazil Reach Deal on Oil Spill
 

Keywords :   


Chevron and Brazil Reach Deal on Oil Spill

2013-09-14 05:35:27| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Chevron signed an accord on Friday with prosecutors in Brazil that could lead to the end of civil lawsuits seeking $17.5 billion in damages for a November 2011 oil spill, the companys lawyer in Brazil said. The agreement includes about 300 million reais (about $130 million) in compensatory actions for the 3,600-barrel spill in the ocean northeast of Rio de Janeiro. Of the total, 95 million reais are for social and environmental projects, the company said. With the signature of the accord, which...

Tags: deal reach oil brazil

Category:Electronics and Electrical

Latest from this category

All news

»
17.11CD14
17.11LP
17.113
17.11COLLAR×MALICE
17.11TC&
17.11
17.1121101HG
17.11()()
More »