Chevron to be audited by Brazil on oil spill

Brazil’s federal audit court wants to investigate contracts between Chevron Corp (CVX) and Petroleo Brasileiro SA (PETR4), its partner at the Frade project where an oil leak occurred, O Globo reported, without saying where it got the information.

The court will also give a 15 days limit for the national oil agency, known as ANP, to clarify its inspection processes, the Rio de Janeiro-based newspaper said.

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