When will the spill stop?
Things just keep getting worse for Chevron. First, a deepwater drilling mishap off the coast of Brazil last month caused thousands of barrels of oil to spill into the Atlantic, which only after some dodging did Chevron take responsibility for, followed by Brazil’s petroleum agency deciding to suspend the company’s drilling rights altogether. And then there are the fines which could end up costing Chevron close to $100 million. But lo, it get’s worst yet. Today, the oil giant admitted that the situation is far from resolved as many had assumed. That’s right, the leak continues, and Chevron’s not sure when it can be stopped…
Continue reading… “Chevron admits oil leak in Brazil hasn’t stopped”