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Brazil Judge Rejects Halt to Chevron Operations, Estado Says

A Brazilian judge rejected a request by the federal prosecutor’s office to suspend the local operations of Chevron Corp. (CVX) and Transocean Ltd. (RIG), Agencia Estado reported, citing a decision by Judge Raffaele Felice Pirro.

On Dec. 14, Chevron and Transocean were asked by a Brazilian federal prosecutor to suspend operations and pay 20 billion reais ($11.8 billion) in damages after an oil spill of about 3,000 barrels off the coast of Rio de Janeiro state.

To contact the reporter on this story: Peter Millard in Rio de Janeiro at pmillard1@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

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