Chevron faces problem regaining Brazil drill permit: ANP
CHEVRON (CVX.NY)had its Brazilian drilling license suspended by the regulator, known as the ANP, after a November oil spill in the Frade field northeast of Rio de Janeiro. The oil was dispersed and did not reach the coastline.
Chevron says it continues to investigate the field's geology and report its findings to the ANP, it said in a statement on Tuesday.
(Reporting By Jeb Blount; Editing by Daniel Magnowski)