Monday, January 30, 2012

Chevron Hit with Criminal Charges

Brazil intends to charge Chevron with criminal acts related to the 2,400 barrel oil spill off the Brazil coast in the Campos basin in November of last year. As many as 12 Chevron officials may be indicted for taking irresponsible risks in the Frade field. Although the Gulf Oil Spill was over 1,000 times larger than the Frade spill, British Petroleum has had no criminal charges filed against it, and the federal civil court judge handling claims against BP has ruled out punitive damages or civil fines as a result of these suits. Last summer Judge Carl Barber dismissed a consolidated racketeering suit arising out of the Gulf oil spill. The US Justice Department said in June it would investigate whether any criminal laws were broken by BP. The Clean Water Act contains criminal penalties, but environmental protection laws are only as good as the enforcement as Brazil is demonstrating.