ChevronToxico

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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 »

Ontario Should Recognize Ecuadorean Ruling Against Chevron: Lawyer

30 November 2012 | The Globe and Mail

"These plaintiffs have waited 20 years for this, to get this judgment," Mr. Lenczner told Mr. Justice David Brown of the Ontario Superior Court.     More »

Chevron Says Argentina Future Clouded by Seizure of Assets for $19 Billion Ecuador Judgment

29 November 2012 | Associated Press

Buenos Aires, Argentina – Chevron Corp.'s Argentina subsidiary ran full-page ads in the nation's leading newspapers Thursday saying that its operations have been complicated by a court order freezing its earnings.     More »

Holding Chevron Accountable

What will it take for the energy giant to pay out the billions of dollars it owes for the pollution of the Amazon?
28 November 2012 | Al Jazeera

After decades of oil drilling, they have seen their land destroyed, and their waters polluted. But members of Ecuador's indigenous communities have yet to see a single penny for the damage inflicted on their lives by Chevron and its subsidiary, Texaco.     More »

Chevron Ignores Safety Standards At California Refinery Where 19 Fires, Spills & Explosions Have Occurred Since 1989

28 November 2012 | The Chevron Pit

About 4,800 Richmond, California residents have sued Chevron for negligence at an oil refinery and putting them at risk by not issuing public health warnings immediately after a recent explosion, the 19th disaster to have occurred at the refinery since 1989.     More »

Chevron Is Newly Concerned About Politicians Being Influenced by Money

21 November 2012 | Grist

We now have an example of irony that will stand the test of time. Chevron has filed a complaint against the comptroller of New York, suggesting that he was unduly influenced to criticize the company due to campaign contributions he received.     More »

A Race For Time? Chevron Desperate to Extort Its Way Out of Paying $19 Billion Ecuador Judgment

20 November 2012 | The Chevron Pit

Chevron is trying to scare Argentina government officials by saying its subsidiaries there will go bankrupt and, as a result, have to close down its operations unless, of course, the government pressures the courts to unfreeze their assets. Or, in other words, extortion: If you don't tell your courts how to rule, we'll shut down our investments.     More »

Gibson Dunn, Chevron Suffer Another Devastating Setback In $19 Billion Ecuador Case

19 November 2012 | The Chevron Pit

The U.S. law firm Gibson Dunn & Crutcher is getting hit with a new round of hurt because of its bungling of Chevron’s Ecuador environmental case.     More »

Did President Obama & His Justice Department Extort Money From BP?

16 November 2012 | The Chevron Pit

Based on legal arguments being made in a U.S. court, Chevron would have you believe so. Chevron has accused the Ecuadorian indigenous groups and their lawyers suing the oil giant for massive oil contamination in the Amazon rainforest of extorting money from the company by applying pressure on its executives to settle.     More »