Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Chevron, Transocean, 17 Executives Face Brazil Criminal Charges

March 21 (Bloomberg) -- Chevron Corp., Transocean Ltd. and 17 of the companies’ executives were formally accused by Brazilian federal prosecutors of environmental crimes in an oil leak off Rio de Janeiro’s coast.

Prosecutors are asking each company to pay 10 million reais ($5.5 million) and demanding 1 million reais from each executive for damage to the environment.

George Buck, head of Chevron in Brazil, may be sentenced to jail for as many as 31 years, the prosecutor’s office said in an e-mailed statement today.

Link to Company News:{CVX US <Equity> CN <GO>} Link to Company News:{RIG US <Equity> CN <GO>}

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.