Brazil Official Sees $28 Million Fine for Chevron
Rio de Janeiro state’s environment secretary says Brazil is expected to fine Chevron nearly $28 million for an ongoing offshore oil spill.
Carlos Minc says the national government will also ask Chevron to pay for damages caused by the Atlantic spill.
Minc says he considers the fine lenient, but it’s the maximum allowed under current Brazilian law. His comments were aired by Brazilian broadcasters.
Chevron Corp. officials have accepted responsibility for the spill but reject accusations they did not notify local authorities quickly enough or properly manage cleanup operations.
Brazil’s National Petroleum Agency says more than 110,000 gallons (416,300 liters) of crude oil may have reached the ocean floor since Nov 7.
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- 4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says
- Work Safety Group Releases List of ‘Dirty Dozen’ Employers
- Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
- Warren Buffett’s PacifiCorp Now Faces $30 Billion Fire Claim Demand
Popular This Month
- Poll: Consumers OK with AI in P/C Insurance, but Not So Much for Claims and Underwriting
- California Sees Two More Property Insurers Withdraw From Market
- Report: Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair
- Millions of Recalled Hyundai and Kia Vehicles, With Dangerous Defect, Remain on Road