Bloomberg News

Chevron Has Leaked About 1 Barrel of Oil in Brazil in March

March 29, 2012

Chevron Corp. (CVX:US) has leaked about one barrel of oil at the Frade project in Brazil this month after encountering new seeps on the ocean floor, the company said today in a full page advertisement in the O Estado de S. Paulo newspaper.

The oil spill off the coast of Brazil hasn’t caused any damage to marine life and the company will only resume output after completing a safety review with Brazilian regulators, Chevron said.

To contact the reporter on this story: Peter Millard in Rio de Janeiro at

To contact the editor responsible for this story: Peter Millard at

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