Chevron News

Ecuador Court Upholds $18 Billion Judgment against Chevron

An Ecuadorean appeals court on Tuesday upheld a ruling that Chevron Corp should pay $18 billion in damages to plaintiffs who accused the U.S. oil giant of polluting the Amazon jungle and damaging their health. A local judge ordered Chevron …

Chevron Lawsuit Flags Brazil Investment Risks

A $10.6 billion lawsuit against U.S. oil company Chevron and rig contractor Transocean could further cool an increasingly chilly investment climate in Brazil’s natural resources industry. The lawsuit, filed as a result of a small oil spill off Brazil’s coast …

Arbitrators Near Jurisdiction Call in Chevron-Ecuador Pollution Case

Arbitrators expect to rule as early as next month on whether they can hear a dispute between Chevron Corp. and Ecuador related to a marathon pollution liability case, according to a letter to the lawyers involved. The tribunal, working under …

Brazil Fines Chevron $28 Million for Oil Spill; Backlash Feared

Chevron Takes Full Responsibility for Brazil Oil Spill

U.S. oil company Chevron will fully clean up a spill off Brazil’s coast, George Buck, the CEO of the local subsidiary said on Sunday, taking responsibility for an accident that has become a major test for one of the world’s …

U.S. Court Unfreezes $18 billion Ecuador Award against Chevron

A U.S. appeals court reversed an order freezing enforcement outside of Ecuador of an $18 billion damages award against Chevron Corp over pollution in the Amazonian rain forest. The order, issued by the 2nd U.S. Circuit Court of Appeals in …

Chevron, Ecuadoreans Spar over Halted Damage Award

Lawyers for Ecuadorean villagers who sued Chevron Corp over pollution in the Amazon rain forest asked a U.S. appeals panel Tuesday to modify a court order that halted enforcement of an $8.6 billion award against the oil company. The lawyers …

U.S. Judge Halts Ecuador Damages Enforcement Against Chevron

A U.S. judge Monday halted enforcement of an $18 billion award against Chevron Corp, siding with the oil company against Ecuadorean plaintiffs in a long-running dispute over Amazon rain forest pollution. The move comes three weeks after an Ecuadorean court’s …

Ecuador Court Orders Chevron to Pay $8.6 Billon; Company to Appeal

A court in Ecuador’s Amazon told Chevron Corp Monday to pay $8.6 billion in environmental damages, but the U.S. oil company vowed to fight on in a lawsuit seen as a global test case. Chevron said it would appeal, meaning …