Sunday, February 24, 2013

Chevron Offers to Settle Brazil Spill Lawsuits | Synopsis

Chevron Offers to Settle Brazil Spill Lawsuits

Gas Station Attendants Peer over Their
Gas Station Attendants Peer over Their "Out of Gas" Sign in Portland, on Day before the State's Requested Saturday Closure of Gasoline Stations 11/1973 by The U.S. National Archives
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Federal prosecutors say they must await an environmental agency report on the spill before accepting any Chevron offer. That report must corroborate Chevron's assertions that the spill had no significant impact on the environment. It's not clear when that report will be made. Chevron says in a Monday statement that company officials are "optimistic that a satisfactory settlement can be reached soon." It was in November 2011 when some 155,000 gallons of crude leaked from the seabed near a Chevron well. Earlier this year, Chevron paid $18 million in fines to Brazilian authorities.

Chevron Offers to Settle Brazil Spill Lawsuits

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