InfoAnda - Chevron halts Brazil production after new leak |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Kathy Bates on Blind Side team | Entertainment | | 30 March 2009
Alec Baldwin "very, very interested" in political run | 5 January 2011
Unlock Sipura SPA 2100 (from rocketvoip.com) for home asterisk | 17 June 2009

British PM in crisis ahead of European, local polls | 3 June 2009

Forum Views () Forum Replies ()

Read more with google mobile : Chevron halts Brazil production after new leak |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's choice Our best photos from the last 24 hours. Full Article Images of February Follow Reuters Facebook Twitter RSS YouTube Read Santorum to Puerto Rico: Speak English if you want statehood 14 Mar 2012 Exclusive: U.S., Britain set to agree emergency oil stocks release 4:44pm EDT Karzai asks NATO to leave Afghan villages; Taliban scrap talks | 5:00pm EDT New York cuts pension benefits for public workers 3:14pm EDT Prosecutors repeatedly hid evidence in Senator Stevens case 4:02pm EDT Discussed 179 U.S. serviceman detained in Afghanistan over civilian casualties 127 Sixteen Afghan civilians killed in rogue U.S. attack 123 UPDATE 4-Obama defends energy policies amid gas price pain Watched Turkish soap operas ignite culture war in Middle East revolution – Decoder Thu, Mar 8 2012 Israeli army releases video of airstrike Sat, Mar 10 2012 Ex-Goldman trader starts condom revolution 6:00am EDT Chevron halts Brazil production after new leak Tweet Share this Email Print Related News Brazil to fine Chevron after new, small leak: ANP 5:06pm EDT Chevron has not altered Brazil investments: executive 4:21pm EDT Analysis & Opinion Auction-house opacity datapoint of the day Chevron tries, tries again to attach Ecuadoreans’ $18 bln award Related Topics World » Stocks » Regulatory News » Markets » Energy » Industrials » An aerial view is seen of oil that seeped off the coast of Rio de Janeiro, caused by a well drilled by Chevron at Frade, on the water in Campos Basin in Rio de Janeiro state November 18, 2011. Credit: Reuters/Rogerio Santana By Jeb Blount and Sabrina Lorenzi RIO DE JANEIRO | Thu Mar 15, 2012 5:06pm EDT RIO DE JANEIRO (Reuters) - Chevron filed to temporarily halt production operations in Brazil on Thursday after it detected a "small new seep" of oil in the same offshore field where it suffered a high-profile leak in November. The U.S. oil company said it was taking the step as a precautionary measure to study its "reservoir management plans" in Brazil, where it has spent over $2 billion developing the largest foreign-run oil field. The announcement came after Chevron and Brazil's petroleum regulator ANP identified a new oil leak in the Frade field off the northeastern coast of Rio de Janeiro where Chevron spilled an estimated 2,400 to 3,000 barrels in November. The request to suspend output came on the same day that the ANP said it had notified Chevron that it would be fined an undisclosed amount for failing to prevent seepage at the site. Chevron is already facing fines of up to $121 million for the November spill and has had its drilling license suspended in Brazil, one of the world's most promising new oil frontiers. Chevron said the decision to suspend production at Frade was supported by its partners in the field, Brazilian state oil company Petrobras and Frade Japan, which is controlled by Japan's Inpex. The suspension still has to be approved by Brazilian regulators. "This decision was taken as a precautionary measure," Rafael Jaen Williamson, Chevron's director of corporate affairs in Brazil, said at a news conference in Rio de Janeiro. He added that he hoped the suspension would only last "a matter of months" and that the decision does not alter Chevron's investment plans in Brazil. Chevron shares, which were already trading down for the second straight day before the news of the new Brazil leak, slid further. The shares fell as much as 1.1 percent to $109.47, with trading volumes reaching the highest level in three weeks. The ANP said the oil appeared to be coming from cracks in the ocean floor, not the Chevron well that was sealed following last year's leak. Williamson, the Chevron executive, said there was no evidence that the new leak was caused by drilling or production at the Frade field, which currently produces about 60,000 barrels a day. The leak was first spotted on March 4, and engineers found the source on March 13, Williamson said. An 800 meter-long crack on the sea floor, only a few millimeters wide, was also found, said Mauro Pagam, an installation engineer with Chevron. Chevron and rig operator Transocean are being sued for more than $11 billion by Brazilian prosecutors for the November leak, which amounted to less than 0.1 percent of the size of BP's Gulf of Mexico oil spill. The ANP said on Tuesday that Chevron could win back its drilling rights "within months" if it can convince Brazilian officials it understands exactly what caused the November leak. (Additional reporting by Reese Ewing, Peter Murphy and Guillermo Parra-Bernal; Writing Todd Benson; Editing by Alden Bentley and Jim Marshall) World Stocks Regulatory News Markets Energy Industrials Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 16 March 2012
Argentina will sue over Falklands oil exploration |
Chevron halts Brazil production after new leak |
Sanctions vice tightens on Iran over nuclear dispute |
Elusive Jamaican drug lord to finally face U.S. prison |
Exclusive: Iran food stockpiling grows as grain ships near port |
New iPad has chips from Samsung, Qualcomm: iFixit |
PayPal takes on Square in mobile payments |
Demandware debut shines on cloud appeal |
Hollywood producers to gain honors at GLAAD awards |
Arrest warrant issued for Russell Brand over iPhone |
Rihanna calls Chris Brown music reunion innocent |
Depardieu likes Sarkozy and Castro but not Strauss-Kahn |
Comic Gallagher suffers heart attack in Texas |
Afghan massacre suspect upset at fourth tour: lawyer |
Syrian forces press offensive in Idlib, 45 killed |
North Korea says to launch long-range rocket to mark founder's birth |
Swedes scour mountains for missing Norwegian plane |
Insight: Few options for Afghan, U.S. leaders after Kandahar massacre |
Clashes flare in Bahrain on Arab Spring anniversary |
President Ramos-Horta faces re-election battle in East Timor |
Kazakhstan frees jailed editor, dozens await trial |
Apple touches record high as iPad 3 sales run hot |
Facebook summons Wall Street for pre-IPO briefing |
SAP aims to become major database software maker |
IPO sets software firm NexJ on path to profit |
Bully documentary could hit theaters without rating |
Russell Brand arrested over iPhone toss |
Hollywood producers to gain honors at GLAAD awards |
Idol contestant disqualified for criminal past |
Springsteen gives SXSW fans lesson in making music |
Exclusive: Game of Thrones rules HBO's DVD sales |
James Bond returns home in 10-year book deal |
Afghanistan's Karzai slams United States over massacre |
Swiss bus crash bodies flown home as Belgium mourns |
Sound and fury of French election matters for markets |
Exclusive: Congo under scrutiny over Hezbollah business links |
Church of England's Archbishop of Canterbury to step down |
Indian police say Delhi, Bangkok blasts linked |
Eritrea urges U.N. action after Ethiopia attack |
Swiss woman kidnapped in Yemen: interior ministry |
Analysis: Analysts worry that something's amiss at Oracle |
German court delays Apple's slide-to-unlock lawsuit |
Clooney arrested at anti-Sudan protest in Washington |
Richards apologizes to fellow Rolling Stone Jagger |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01