Chevron Texaco

Chevron to pay $18 billion to Ecuador

To Reuters : ” 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 judge ordered Chevron to pay $8.6 billion in environmental damages last February, but …

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The much lesser known Amazon oil spill

The French daily Le Figaro publishes a translation of the best New York Times articles each Friday. This enabled me to come accross another huge oil spill, this time located in Ecuador, South America. During three decades Texaco operated more than 300 oil wells without taking any notice of environmental issues. As a result the company …

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