Rio de Janeiro
Chevron fined for oil spill: Brazil said this week that it was fining U.S. oil company Chevron $28 million, the maximum allowed under Brazilian law, for causing an oil spill in waters off the coast of Rio de Janeiro. Chevron has admitted responsibility for the Nov. 7 leak, saying that it underestimated the pressure of underwater deposits it was drilling 230 miles offshore, but said it successfully plugged the leak within four days. According to Brazilian officials, at its height the leak was releasing between 200 and 330 barrels a day, far less than the 2010 BP spill off the coast of Louisiana. The resulting spill is currently shrinking and moving away from the coastline.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'Make legal immigration a more plausible option'Instant Opinion Opinion, comment and editorials of the day
-
LA-to-Las Vegas high-speed rail line breaks groundSpeed Read The railway will be ready as soon as 2028
-
Israel's military intelligence chief resignsSpeed Read Maj. Gen. Aharon Haliva is the first leader to quit for failing to prevent the Hamas attack in October
-
The news at a glance...Internationalfeature International
-
The bottom line
feature Youthful startup founders; High salaries for anesthesiologists; The myth of too much homework; More mothers stay a home; Audiences are down, but box office revenue rises
-
The week at a glance...Americas
feature Americas
-
The news at a glance...United States
feature United States
-
The news at a glance
feature Comcast defends planned TWC merger; Toyota recalls 6.39 million vehicles; Takeda faces $6 billion in damages; American updates loyalty program; Regulators hike leverage ratio
-
The bottom line
feature The rising cost of graduate degrees; NSA surveillance affects tech profits; A glass ceiling for female chefs?; Bonding to a brand name; Generous Wall Street bonuses
-
The news at a glance
feature GM chief faces Congress; FBI targets high-frequency trading; Yellen confirms continued low rates; BofA settles mortgage claims for $9.3B; Apple and Samsung duke it out
-
The week at a glance...International
feature International