ChevronToxico

News and Multimedia from 2012

Served by Chevron, and It Just Warms Us Up

24 December 2012 | Eye on the Amazon

When a giant corporation like Chevron bothers to subpoena a small nonprofit like Amazon Watch, we know our actions are hitting hard. At that moment, I knew we had been doing something right.     More »

Star Witness Backfires Against Chevron

19 December 2012 | The Chevron Pit

Chevron’s new “witness” in the Ecuador case, Fernando Reyes, is the latest in a long line of company operatives whose comments have backfired against the oil giant in the long-running environmental litigation in Ecuador.     More »

New York State Comptroller DiNapoli Hits Back at Chevron over Ecuador

DiNapoli calls Chevron’s ethical complaint "baseless"
19 December 2012 | Responsible Investor

Thomas DiNapoli, who as New York State Comptroller is the trustee of the state's $150.3 billion retirement fund, has dismissed a complaint filed against him by Chevron which alleges that he received campaign funds for urging the firm to settle its legal battle with Ecuador over pollution in the country's rainforest. "This is a baseless attempt by big oil to intimidate me and it won't work, DiNapoli said.     More »

Chevron Star "Witness" Worked On Fraudulent Remediation In Ecuador

19 December 2012 | Amazon Defense Coalition

Washington, DC – Chevron's new star "witness" in Ecuador, Fernando Reyes, worked for the oil giant on its fraudulent remediation in the mid-1990s and later lied in his affidavit, according to a blog by the rainforest communities who won a $19.04 billion judgment against the company.     More »

Chevron Witness Faces Defamation Lawsuit In Ecuador for Lying In Sworn Affidavit, Lawyers Say

15 December 2012 | Amazon Defense Coalition

Quito, Ecuador – An oil industry "witness" that Chevron unveiled this week will face a defamation lawsuit in Ecuador for lying in a sworn affidavit and for participating in the company's fraudulent remediation to evade a $19 billion liability, say representatives of the villagers who brought the lawsuit.     More »

Chevron Trying to Block Release of Documents Related to Its Corruption in Ecuador, Records Show

14 December 2012 | Amazon Defense Coalition

Washington, DC – As part of his ongoing campaign to mislead shareholders, Chevron CEO John Watson is engaged in a wide-ranging litigation strategy to use courts to block the release of internal company documents that would shed light on the oil giant’s fraud and corruption that led to a $19 billion liability in Ecuador, court records show.     More »

Chevron's Self-Deluded CEO John Watson

13 December 2012 | The Chevron Pit

Shareholders can now reasonably question whether Chevron CEO John Watson is fit to lead America’s second-largest energy company. Increasingly, Watson is acting like a palace dictator surrounded by yes men who only deliver good news as the streets rage in protest.     More »

Chevron Aims at an Activist Shareholder

8 December 2012 | The New York Times

Public corporations routinely tell shareholders that their views matter. So it might seem odd that last month Chevron subpoenaed one of its investors, Trillium Asset Management, which has sponsored numerous shareholder proposals at Chevron over the years.     More »

Ecuador's President Says Chevron Needs to Abide by Court Ruling

4 December 2012 | Dow Jones Newswires

Ecuadorean President Rafael Correa said Tuesday that Chevron needs to abide by a court order requiring it to pay $19 billion to indigenous groups after it lost a suit involving environmental-damage claims in Ecuador.     More »

Top Latin America Analyst Says $19 Billion Ecuador Judgment Will Be Enforced Against Chevron

3 December 2012 | The Chevron Pit

An influential Latin America investor analyst this week concluded that the $19 billion Ecuador judgment “will be enforced” and only “risk tolerant investors” with a long-term investment plans should buy Chevron’s stock. The title of the report: Chevron, A Dividend Champion In Trouble.     More »