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Brazil to File Charges against US Oil Company for another Oil Leak

in International Business

Brazil to File Charges against US Oil Company for another Oil Leak

Brazil will bring criminal charges against 17 executives of the US oil company, Chevron, along with the drilling contractor Transocean after a new leak of crude is discovered in Brazilian field. The charges would include “environmental crimes” in a federal court next week, according to Federal prosecutors’ spokeswoman Marcelo del Negri’s statement.

Chevron has halted its production and its executives are barred from leaving the country until the investigation concludes. This is the second time that Chevron has come under intense scrutiny for oil leak. They were once found guilty last year in November for an oil spill in Brazil in Frade field the company operated. While the spill was thought to be much smaller than BP’s oil spill last year in the Gulf of Mexico, Chevron did receive many criticisms. It further made it challenging for Chevron to operate in Latin America, where it  had faced seething resentment over oil contamination in the country’s rain forest.

The company is still facing a multi-billion dollar lawsuit over November’s spill, when up to 3,000 barrels of oil spilled from the well in Frade field. The Frade field is the largest foreign-run oil field in Brazil, producing about 60,000 barrels of crude oil a day.

Brazil’s oil regulator, ANP, said the new leak appeared to be coming from cracks in the ocean floor close to the well, rather than from the well itself. Brazil, tapping oil from its large recent offshore discoveries, may emerge as the world’s fourth-largest oil producer after Russia, Saudi Arabia and the United States.



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