Chevron Says Brazil Oil Spill Reduced to ‘Residual’ Seepage
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Chevron Corp., the second-largest U.S. energy company, said it is reducing the amount of oil leaking from a project off the coast of Brazil after plugging the source of the spill on Nov. 13.
The amount of oil leaking from fissures on the ocean floor is less than the “hundreds of barrels” that gushed during the first days after a drilling incident on Nov. 7, said George Buck, the head of Chevron’s operations in Brazil. More than 10 barrels a day of “residual oil” in the rocks around the well is still leaking, and the rate continues to decline, Buck said.