Chevron, Transocean Face 2nd Lawsuit in Brazil

By Admin
Brazil launches a second lawsuit against US oil company Chevron and driller Transocean in the amount of 20 billion real ($10.9 billion). Doubling the...

 

Brazil launches a second lawsuit against US oil company Chevron and driller Transocean in the amount of 20 billion real ($10.9 billion). Doubling the stakes, the new lawsuit relates to an oil leak discovered in March in Chevron's offshore Frade field, according to the Federal Public Prosecutor's office.

It also seeks to ban the companies from operating in Brazil, transferring profits overseas, obtaining government-backed finance and moving equipment from the country.

"The second leak is as serious or more serious than the first, so the damages have to be in the same category," Santos de Oliveira told Reuters. "While they are not a simple mathematical calculation, they are not symbolic either."

November's lawsuit over an estimated 3,000-barrel spill was considered by some one of the worst ecological disasters to ever happen in Brazil. However, Chevron claims the damage has been exaggerated.

SEE OTHER TOP STORIES IN THE ENERGY DIGITAL CONTENT NETWORK

China Rejects Sanctions on Iran Oil

Chevron's Secret Arbitration Violates Human Rights

Check out March's Issue of Energy Digital!

"The filing of the second lawsuit is another in a series of outrageous actions brought by the same district attorney who previously filed both a criminal and civil case, all of which are without merit," Chevron said in a statement. "The 20-billion-real figure in both civil lawsuits is arbitrary and has no legal and factual basis."

Chevron said that tests show that the March spill was not from any reservoir it was producing from the field. Both Chevron and Transocean continue to claim innocence and will defend their employees against any charges.

 

DOWNLOAD THE ENERGY DIGITAL IPAD APP

 

Share

Featured Articles

Alfa Laval to supply world’s largest green hydrogen plant

The facility is being built in NEOM, the US$500bn futuristic city being developed in Saudi Arabia

COP27 agrees to climate compensation fund

The deal is said to be a historic first in acknowledging the vast inequities of the climate crisis

North America's natural gas can help mitigate energy crisis

In the effort towards decarbonisation, North America could be a key player in providing affordable natural gas, addressing energy security issues

COP27: Egypt and Norway to build 100MW green hydrogen plant

Renewable Energy

Renewable energy company Masdar opens office in Saudi Arabia

Renewable Energy

Ørsted closes US$140m transaction with ECP for US portfolio

Renewable Energy