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Showing posts with label Chevron. Show all posts
Showing posts with label Chevron. Show all posts

Chevron halts Brazil production after new leak | Reuters

Chevron halts Brazil production after new leak | Reuters: Reuters) - "Chevron (CVX.N) filed to temporarily halt production operations in Brazil on Thursday after it detected a "small new seep" of oil in the same offshore field where it suffered a high-profile leak in November."

Exclusive: Chevron to face charges over Brazil spill | Reuters

Exclusive: Chevron to face charges over Brazil spill | Reuters: (Reuters) - "A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore oil spill."

Chevron, Transocean in $11 billion Brazil oil suit | Reuters

Chevron, Transocean in $11 billion Brazil oil suit | Reuters: (Reuters) - "Brazilian prosecutors sued Chevron Corp, the No. 2 U.S. oil company, and top offshore oil rig operator Transocean Ltd for 20 billion reais ($10.6 billion) over their alleged roles in a November oil spill near Rio de Janeiro."

Chevron profit jumps, tops Wall Street forecast | Reuters

Chevron profit jumps, tops Wall Street forecast | Reuters: (Reuters) - "Chevron Corp said its quarterly earnings more than doubled, beating Wall Street forecasts, as the second-largest U.S. oil company benefited from high oil prices and strong refinery margins."

It seems that all the oil companies have earnings which are off the roof; we need regulation to protect consumers against price gauging. And let's have the oil companies bail out the banks and pay for Medicaid and Medicare.