Chevron battling court case in Ecuador
A court in Ecuador has ordered Chevron Corp. to pay US$ 8.6 billion for damages to part of the Amazon region. US$ 5.4 billion of this would be to cover costs for restoring polluted soil US$ 1.4 billion to set up a healthcare system, US$ 1 billion to reconstruct water sources, US$ 800 million to treat affected residents.
Chevron is appealing the court’s judgement, insisting that it is “illegitimate and unenforceable…the product of fraud and is contrary to the legitimate scientific evidence.” Last week, Chevron won a suspension order on the ruling, but the company still expects to lose the case being heard in Lago Agrio; a ruling should be delivered in the coming weeks or months.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/15022011/chevron_battling_court_case_in_ecuador/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Höegh Evi signs FSRU charter to expand Egypt’s role in the Middle East
Höegh Evi has signed an FSRU charter with EGAS, supporting Egypt’s role as energy hub in the Middle East.
