Brazil Bans Chevron from Drilling in the Country While Spill Is Investigated

    Chevron Brazil

    Chevron Brazil The ANP (National Petroleum Agency), Brazil’s oil regulator announced it is suspending the drilling rights of US oil major Chevron in Brazilian territory until the oil multinational clarifies conditions of the recent oil spill in its Frade field. off Rio’s coast.

    The agency also said it has denied Chevron’s request to drill into ultra-deep sub-salt areas, which hold huge deposits of oil off Brazil’s coast.

    More than 2.400 barrels leaked into the Atlantic Ocean about 370 kilometers off the northeastern coast of Rio de Janeiro state.

    Chevron has said it underestimated the pressure of an underwater oil reservoir while drilling on Nov. 7. That allowed oil to rise up a bore hole and make its way to the ocean’s surface even though regulators say the leak is now under control.

    Testifying before the Brazilian congress Chevron Brazil CEO George Buck apologized for the spill but added that his company “acted as rapidly and safely as possible” and “used all resources” to contain and stop the flow of oil from the well.

    “We controlled the source in four days. We worked with transparency and cooperation with the authorities of Brazil,” Buck told Brazilian lawmakers. “Please understand that during those first days it was very confusing, very difficult to manage the flow of information.”

    Brazil’s government slapped Chevron with a $28 million fine on Monday for causing an offshore oil spill, and the penalty could rise as the U.S. company faces a political backlash over the accident.

    Mercopress

    Tags:

    • Show Comments (1)

    • us observer

      if brazil acts up on this american oil company then americans will drill baby drill in the usa…
      political backlash???…why is that ?…perhaps similar to the political backlash or anti american propaganda that brazil thrives on,,, especially the lies and misinformation and twisting of facts with the american pilots affair when imcompetent brazilian air traffick contollers caused a terrible tragic collision in the sky between a brazilian airliner and a american owned jet piloted by 2 american pilots .oh that kind of political backlash !!!…so f*cking what!!..chevron invested in this project petro-brazil accepted that investment and now this!!!!…this kind of sh*t is exspected from a (chavez)or a little worm like castro !!!…the only backlash that will be achieved by any this those dam american gringos will be that americans will be disgusted and outraged that we are even there in the first place rather then drilling in our own vast fields which are the largest in the world..

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    US Air Force

    After 10 Years Brazil and Neighbors Still Opposed to US’s Plan Colombia

    Colombia is likely to become the regional hub for the Pentagon's Latin American activities ...

    Brazil Takes the Lead on Wind Energy in Latin America

    The largest wind energy park in Brazil and one of the greatest in the ...

    Brazil Gets New Cabinet Chief. She Is Dilma Rousseff.

    Brazil’s Minister of Mines and Energy, Dilma Rousseff, has been appointed presidential chief of ...

    Brazil: Mercosur Opens Up to Arab World

    Negotiations for the preference treaty between the Mercosur, the customs union between Argentina, Brazil, ...

    Brazil Celebrates UN’s Role as the Planet’s Peace Keeper

    The United Nations is indispensable to world peace, remarked the Brazilian Minister of Foreign ...

    Alcoa Invests US$ 1.6 Billion in Brazil Creating 6,500 Jobs

    Franklin Feder, the president of Alcoa for Latin America, announced that his company, one ...

    Brazil’s Surplus Is Already US$ 7 Billion for the Year

    Brazilian exports have yielded US$ 21.015 billion between the beginning of the year and ...

    Brazil Among World’s Cheapest Places to Live In

    In spite of the recent valorization of the real compared to the dollar, São ...

    Brazilian Gets 5 Years for Bribing US Official and Sheltering Illegals

    A former Allston (Boston) man, an undocumented Brazilian, was sentenced this Tuesday, January 23, ...

    Astral Convergence

    Rancharia is 1 of 49 special projects in the state of Bahia supporting 2,250 ...