News and Multimedia from 2009

Chevron CEO O'Reilly Under Intense Fire At Shareholder Meeting for Negligence on Ecuador Case

Refuses to Let Board Members Answer Own Questions As Conflict of Interest Becomes Evident
27 May 2009 | Amazon Defense Coalition

San Ramon, CA (May 27, 2009) – Several large investors blasted Chevron CEO David O’Reilly today at the company’s annual meeting for mishandling a potential $27 billion liability in Ecuador, while O’Reilly left open the possibility he would visit Ecuador to inspect the damage personally after being invited by a well-known local community leader.     More »

Chevron Botching Ecuador Case, Says Influential Report

$27 Billion Liability in Ecuador “Poorly Handled” By Chevron’s Top Management, Analyst Tells Leading Trade Publication
27 May 2009 | Amazon Defense Coalition

New York, NY (May 27, 2009) – Platt’s Oilgram News, the leading trade publication for the oil industry, is reporting that “momentum seems to be growing against Chevron” in the long-running environmental case brought by Amazon communities in Ecuador that could lead to a $27 billion judgment later this year.     More »

Chevron Annual Meeting Heats Up Over Ecuador Suit

27 May 2009 | Associated Press

In a combative and sometimes colorful annual meeting, Chevron's CEO and chairman exchanged barbs with activists over pollution in the Amazon rain forest and the company's human rights record, twice scolding speakers who addressed executives.     More »

Chevron AGM 2009 Action

Chevron AGM 2009 Action

27 May 2009

Representatives of indigenous and farming communities from Ecuador's Amazon brought their 15-year battle for justice to Chevron's doorstep.     More »

An Open Letter to America

27 May 2009 | MatadorChange

Emergildo Criollo Quenama, a leader of the indigenous Cofan of Ecuador’s Amazon, writes an open letter to Americans in which he shares his experiences living with the direct effects of Chevron’s environmental and human rights abuses.     More »

Chevron Falls Short On Disclosure Obligations Relating to $27 Billion Ecuador Liability, Says Investor Advisory Group

Oppenheimer Warns Ecuador Problem Could “Depress” Chevron Stock; Risk Metrics Urges Greater “Transparency” From Oil Giant
26 May 2009 | Amazon Defense Coalition

New York, NY (May 26, 2009) – In another setback to Chevron management, a leading investment advisory group is urging the oil giant to disclose more details of a potential $27 billion environmental liability in Ecuador just before what is expected to be a major showdown on the issue at the annual shareholder’s meeting May 27th in California.

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Uprising Radio Interview on Chevron Shareholder Meeting

26 May 2008 | Uprising Radio

Ahead of its annual shareholder meeting tomorrow, the Chevron Corporation is facing increasing scrutiny for its business practices around the world from California to Ecuador.     More »

Interview on

Interview on "The True Cost of Chevron: An Alternative Annual Report"

26 May 2009 | Democracy Now

Just ahead of Chevron's shareholder meeting, a new report tells shareholders more about the hidden and underreported costs of these profits. The alternative annual report brings together stories from communities across the world directly affected by and in struggle against Chevron's operations     More »

Chevron Shareholders Warned That Board of Directors Is Shirking Its Fiduciary Duties On Ecuador

On Eve of Showdown At Annual Meeting, Letter Explains How Management Puts Out False and Misleading Information
Former Sen. Sam Nunn Cited for Failing to Listen to Concerns

25 May 2009 | Amazon Watch

Representatives of indigenous and farming communities from Ecuador’s Amazon will be present at Chevron's Annual General Meeting to bring their 15 year battle for justice to the oil giant's doorstep. They will address CEO David O’Reilly before shareholders. There will be an accompanying protest by a large coalition of human rights and environmental organizations outside the building.     More »

Amazon Watch Letter to Shareholders

25 May 2009 | Amazon Watch

We write to inform you of important facts relating to this liability that Chevron management appears to be hiding from shareholders as part of an 11th-hour campaign to defeat Resolution 10 at the company's annual meeting on May 27, 2009. We also write to correct information that is false, misleading, or incomplete that Chevron has filed with the SEC and sent to shareholders.     More »

 

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