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
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)
05/20/201519:03:29BP Settles Deepwater Horizon Claims With Transocean, Halliburton...
05/20/201518:14:49BP Agrees to Settle Deepwater Horizon Claims With Transocean...
05/20/201517:33:05Transocean Files 8K - Entry Into Definitive Agreement
05/20/201517:33:05Transocean Files 8K - Other Events
05/20/201517:03:40Current Report Filing (8-k)
05/20/201517:00:55Transocean Reaches Settlement Agreements With PSC And BP
05/20/201517:00:08Halliburton, BP Agree to Settle Deepwater Horizon Claims
05/20/201516:53:07Halliburton, BP Agree to Settle Deepwater Horizon Claims
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201515:24:00Statement of Changes in Beneficial Ownership (4)
05/19/201515:10:21Statement of Changes in Beneficial Ownership (4)
05/19/201515:09:54Statement of Changes in Beneficial Ownership (4)
05/19/201515:09:54Statement of Changes in Beneficial Ownership (4)
05/19/201515:09:54Statement of Changes in Beneficial Ownership (4)
05/19/201515:09:04Statement of Changes in Beneficial Ownership (4)
05/19/201515:09:04Statement of Changes in Beneficial Ownership (4)

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