Chevron Says Brazil Ban Overturned

By Andrew Willis, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – A Brazilian court has overturned a ban that prevented Chevron from operating in Brazil, according to a statement by the second largest U.S. oil company. The ban was handed down in September and relates to a November 2011 oil leak at the offshore Frade Field, located 370km northeast of Rio de Janeiro in the Campos Basin.

“Chevron is pleased with the court's decision [...] to dismiss the injunction,” company spokesman Kurt Glaubitz told The Rio Times on Monday, December 3rd.

“Chevron Brasil voluntarily suspended production activities in March 2012 . . .

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