ADVFN - Advanced Financial Network.
HOME» NYSE » T » RIG Stock Price » RIG Stock News

Transocean Share News

 Transocean Ltd Stock Price
RIG Stock Price
 Transocean Ltd Stock Chart
RIG Stock Chart
 Transocean Ltd Stock News
RIG Stock News
 Transocean Ltd Company Information
RIG Company Information
 Transocean Ltd Stock Trades
RIG Stock Trades

Brazil's ANP: Chevron Oil Spill Fine Unlikely to Surpass $25 Million

- Brazil's National Petroleum Agency, or ANP, is unlikely to fine U.S. oil major Chevron Corp. (CVX) more than 50 million Brazilian reais ($24.6 million) for its role in a November oil spill off Brazil's coast, ANP Director Magda Chambriard said Monday. The ANP is expected to release its report on the incident, in which a drilling accident caused between 2,400 and 3,000 barrels of oil to leak into the Atlantic Ocean from cracks in the seabed, later this week. Speaking on the sidelines of an event in Rio de Janeiro, Ms. Chambriard told reporters that Chevron would be fined for more than 20 infractions related to the spill. The ANP's press office confirmed Ms. Chambriard's comments, with a spokesman adding that a total of 25 separate infractions were discovered during the regulator's investigation. Chevron and drill rig operator Transocean Ltd. (RIG) are facing civil and criminal lawsuits for their roles in the incident at the Chevron-operated Frade offshore oil field. Chevron didn't immediately respond to email and telephone requests for comment. "We believe that it will be clearly demonstrated that the company acted responsibly and quickly, following the highest industry standards," said Guy Cantwell, a spokesman for Transocean. Write to Jeff Fick at jeff.fick@dowjones.com

Stock News for Transocean (RIG)
DateTimeHeadline
06/26/201510:20:05Current Report Filing (8-k)
06/22/201516:33:01Current Report Filing (8-k)
06/22/201516:22:28Transocean Ltd. Provides Fleet Update Summary
06/18/201510:29:043 Stocks to Watch in Oil and Gas Drilling
06/16/201513:00:03The 3 Best Stocks to Watch in Offshore Drilling
06/12/201509:05:023 Stocks to Watch in Deep-Sea Drilling
06/11/201516:04:02Analysts Debate: Is Seadrill Ltd. a Value or a Value Trap?
06/11/201509:58:02Offshore Drillers: 3 Big Risk Factors That Could Send Share Prices...
06/10/201509:00:04U.S. Stock Futures Rise
06/07/201511:01:023 of the Best Stocks to Invest in Offshore Drilling
06/02/201521:04:03TIAA-CREF: What This $8.6 Billion Trust Has Been Selling
06/01/201517:21:05Statement of Changes in Beneficial Ownership (4)
06/01/201517:16:20Initial Statement of Beneficial Ownership (3)
05/27/201518:03:04Transocean Hires Mark May as CFO
05/27/201516:41:06Current Report Filing (8-k)
05/27/201516:36:03Transocean Ltd. Announces Departure of Esa Ikaheimonen; Appoints...
05/24/201511:00:03Oil Stocks: 2 to Avoid, and 1 to Buy
05/22/201517:00:03Should You Follow Goldman Sachs Advice on Oil Stocks?
05/22/201512:04:02The 3 Best Stocks to Invest in to Profit From Rising Dayrates
05/21/201515:32:28Securities Registration: Employee Benefit Plan (s-8)

Transocean and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad