Brazil Anticipates Chevron Bid at Auction After Oil Spill

Brazil Anticipates Chevron Bid at Auction After Oil Spill

Dado Galdieri/Bloomberg

Chevron Corp., the second-biggest publicly traded U.S. oil producer, voluntarily shut all operations in Brazil in March 2012 amid court and regulatory investigations after the ANP ordered the company to suspend output at the Frade field following a 3,000 barrel spill in November 2011.