Todays Date:  
   rss

LLP LEGAL NEWS


A federal court has given Chevron Corp. and driller Transocean Ltd. 30 days to suspend all petroleum drilling and transportation operations in Brazil until the conclusion of investigations into two oil spills off the coast of Rio de Janeiro.

The court says in a statement posted Wednesday on its web site each company will be fined 500 million reals ($244 million) for each day they fail to comply with the suspension.

About 155, 000 gallons of oil crude began seeping from cracks in the ocean floor at the site of a Chevron appraisal well in November. Two weeks later, the National Petroleum Agency said the seepage was under control. But in March, oil again started leaking and Chevron voluntarily suspended production in the field.



Top Tier Legal Web Redesign by Law Promo

© LLP News. All Rights Reserved.

The content contained on the web site has been prepared by Breaking Legal News.
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance.
   Legal Spotlight
   Exclusive Commentaries
   More Legal News  1  2  3  4  5  6
   Lawyer & Law Firm Links
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com

   Legal News Links
  Crisis Legal News
  Daily Bar News
  Legal Marketing Insight
  Click the Law
  Legal New Journal
  Law Firm Logos

   Law Firm Site Links
  Lawyer Web Direct
  Legal & Law Firm News