Chevron released an interim production update on Wednesday, showing both oil production and refining in the first two months of the first quarter compared to the previous quarter. Despite the slight declines, the second largest U.S. oil producer saw Brazil's petroleum regulators authorize Chevron to resume production in its offshore wells off the coast of Rio de Janeiro, Brazil, where the company spilled more than 100,000 gallons of oil into the ocean in 2011.
Chevron's Production And Refining Down While Brazil Authorizes Ultra-Deepwater Drilling Again
Forbes - 11 Apr 2013 02:18
Chevron released an interim production update on Wednesday, showing both oil production and refining in the first two months of the first quarter compared to the previous quarter. Despite the slight declines, the second largest U.S. oil producer saw Brazil's petroleum regulators authorize Chevron to resume production in its offshore wells off the coast of Rio de Janeiro, Brazil, where the company spilled more than 100,000 gallons of oil into the ocean in 2011.
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