A lawsuit, seeking $10.6 billion in damages, has been filed against Chevron Corp. and Transocean Ltd., one of the world’s largest operators of offshore drill rigs. The suit, filed by Brazilian public prosecutors, is based on the Defendants’ roles in a November oil spill near Rio de Janeiro. The civil suit also attempts to suspend the companies from operating in Brazil. Chevron has already been fined $28 million by environmental authorities for the spill, which the company says leaked about 2,400 barrels of crude into the ocean for several days after a drilling problem on November 10, 2010. The prosecutors say they found during investigations that Chevron and Transocean were not capable of controlling the damages caused by the leakage. They said further that this is “evidence of a lack of planning and environmental management by the companies.”

Source: Calgaryherald.com