Chevron Was Prepared for Brazil Drilling Halt, Moshiri Says

Chevron Corp. (CVX) was already planning to halt operations at its Frade field in Brazil even before the country’s petroleum regulator ordered it to stop drilling as it assess a spill in the area, Ali Moshiri, Chevron’s president for Latin America and African operations, said in Brasilia today.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: Carlos Caminada at ccaminada1@bloomberg.net

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