Chevron to pay $155 million for Brazil oil spill

US oil giant Chevron has agreed to pay 310 million reales ($155 million) to Brazil for an oil spill last year that fouled beaches in Rio de Janeiro, officials said Saturday.

Brazil's Petrobras unit reports oil leak

Transpetro, a subsidiary of Brazil's state-run energy giant Petrobras, said Thursday it had detected an oil leak off the coast of Rio Grande do Sul state but did not know how much had spilled.

China warns US oil firm after spill: report

China has told US oil giant ConocoPhillips to step up its efforts to seal leaks and clean up a spill off its north coast after finding oil was still leaking into the sea, state media reported Friday.

China launches offshore safety checks

China has launched safety inspections of all its offshore petroleum exploration and production bases, following an oil spill in the nation's northern Bohai Bay, the government said Sunday.

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