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Brazil Considers Bigger Fines Chevron and Transocean

By Sam Cowie, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazilian prosecutors have approached a federal court demanding that U.S. oil giant Chevron and rig contractor Transocean permanently halt oil drilling in Brazil and both pay R$20 billion in damages. The prosecutors’ proposed actions follow last month’s oil leak which saw around 3,000 barrels of oil leak into the Frade Field in the Campos Basin oil spill off the coast of Rio De Janeiro state.

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