Thanks to operations that lacked both integrity and reliability and which produced a spill of at least 300 barrels of crude a day for eight days, Chevron will have to pay millions of dollars in fines and damages. Chevron has become accustomed to such emergencies; in Ecuador, the court found it guilty but so far it has evaded compliance with the verdict thanks to a legion of lawyers who know well how to move through the corridors of power. The Brazil case seems to confirm environmentalists' fears: everything indicated that, after Nov. 8, 2011, the courts would exclude Chevron from the energy sector in a country that in the past year discovered what could be the largest oil reserves in the world.
Re-posted with permission from the publishers as a PDF document as part of an Institutional Repository collection to aggregate energy policy, regulation, dialogue and educational materials.
NotiSur - Latin America Data Base
Gaudín, Andrés. "Brazil sues Chevron following oil spill." (2012). http://digitalrepository.unm.edu/la_energy_notien/57