Chevron (CVX) Drilling Suspended in Brazil, Shares Falling
Tweet
Share
E-mail
Get Alerts CVX Hot Sheet
Join SI Premium – FREE
Shares of Chevron (NYSE: CVX) have dipped well below $95 as ANP is reporting the company has been blocked from drilling in Brazil. Drilling at Frade has been suspended while regulators probe the spill.
Officials are saying "negligence" contributed to the spill.
Officials are saying "negligence" contributed to the spill.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Chevron (CVX) PT Raised to $218 at Morgan Stanley
- Magna Holdings makes unsolicited bid for 31% of Yatra Online
- TMCR raises $165M to acquire additional Mesabi iron ore royalty
Create E-mail Alert Related Categories
RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
