Judge blocks bid to stop Chevron Brazil operations

  on April 12 2012 10:54 AM

A Brazilian judge denied an injunction seeking to bar U.S. oil company Chevron Corp and drill-rig operator Transocean Ltd from operating in Brazil after two offshore oil leaks, a federal court in Rio de Janeiro said on Wednesday.

The judge, Guilherme Diefenthaeler of the appellate division of the Second Region Federal Court, ruled that granting the injunction would interfere with the legal authority of the ANP, Brazil's oil regulator, to manage the oil industry and would be an improper judicial intrusion into public administration.

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