Petrobras faces big tab, shake-up after spill

Petroleo Brasileiro SA (Petrobras) estimates it will spend about 110 million Brazilian real ($62 million) in costs directly related to a January fuel oil spill said to be the worst in Brazil's history.Petrobras has already paid out about 360,381 real to support displaced communities after a ruptured pipeline from the company's Reduc refinery at Rio de Janeiro dumped about 1.3 million l. (about 117,000 bbl) of fuel oil into Rio de Janeiro's scenic Guanabara Bay.The direct assistance was offered to local residents, mostly fishermen, who suffered financial losses as a result of the oil spill. Shortly after the incident was publicized in late January, Petrobras opened a number of ...

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