Bloomberg News

Chevron Looks to Resume Brazil Oil Drilling as Soon as Possible

March 14, 2012

Chevron Corp. (CVX) is looking to resume drilling at the Fade oil field in Brazil “as soon as possible” after regulators suspended work last year following a spill.

Chevron is waiting for instructions from the country’s oil regulator before resuming work at the field, Ali Moshiri, vice president for Africa and Latin America exploration and production, told reporters in Brasilia.

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: Mario Sergio Lima at mlima11@bloomberg.net


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