Re­port: Chevron blamed in south­ern coast’s oil spill

The Washington Times Daily - - Business - THE ECON­OMY

BRASILIA | A huge oil spill off Brazil’s south­ern coast was the re­sult of ex­ces­sive pres­sure used by oil gi­ant Chevron in drilling the sea floor, ac­cord­ing to a re­port by po­lice and prose­cu­tors pub­lished by lo­cal me­dia Tues­day.

The O Globo news­pa­per quoted Fabio Scliar, head of the en­vi­ron­ment unit of Brazil’s fed­eral po­lice depart­ment, as say­ing that the deep-water well “could not and should not have been drilled un­der the con­di­tions pre­sented in the area,” adding that an “ab­surd” amount of pres­sure was used at the site sit­u­ated off the coast of Rio de Janeiro state.

“All in­di­ca­tions are that a de­sire for prof­its led [Chevron] to take the pro­hib­i­tive risk” of drilling at the site, Mr. Scliar con­cluded in the doc­u­ment, ac­cord­ing to O Globo.

Brazil’s Na­tional Petroleum Agency, the coun­try’s na­tional oil reg­u­la­tor, has es­ti­mated that some 2,400 bar­rels of crude were spilled at the site.

Dow Nas­daq S&P 500 Rus­sell 2000 13,170.19 3,074.15 1,405.52

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