Oil spills have always tormented the oil and gas industry with devastating incidents being reported world wide. A recent oil spill of about 11,480 barrels in Ecuador has given rise to concerns to the neighbouring countries of Latin America.
Brazilian authorities identified a small oil leak off the shores of Rio de Janeiro on Saturday, the latest in a series of spills that has raised safety concerns over the development of some of the world's largest petroleum reserves.
A Brazilian court barred 17 executives from Chevron and Transocean from leaving Brazil, pending criminal charges related to a high-profile oil spill last November. A second oil spill detected last week further complicated the situation.
Brazil's Environment Institute ordered US oil giant Chevron to pay another fine related to the early November oil spill off the coast of Rio de Janeiro.
Brazil’s environmental agency said on Monday it will fine US Chevron 50 million Reais, nearly 28 million dollars, for a continuing oil spill off the coast of Rio de Janeiro and the company could face several more similar fines in the coming days.
Chevron promised to fully clean-up a spill off Brazil's coast, the CEO of the local subsidiary, George Buck, said on Sunday, taking responsibility for an accident that has become a major test for one of the world's fastest-growing oil frontiers.
A race to rescue up to 20,000 endangered northern Rockhopper penguins from an oil spill in an isolated South Atlantic British island group was under way this week after a cargo ship ran aground.
United States Commerce Secretary Gary Locke on Monday declared a fishery disaster in the Gulf of Mexico because of the economic impact of the Deepwater Horizon oil spill on fisheries in the region.