abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapelocationmap-pinminusnewsorganisationotheroverviewpluspreviewprofilerefreshnewssearchsecurityPathtagticktooltiptwitteruniversalityweb
Article

Chevron ordered to pay Ecuador $9.51 bn on appeal

An Ecuadoran court upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion…Just last month, Chevron was in court in New York trying not to pay the damages. Chevron wants a New York district judge to prevent lawyer Steven Donziger, Ecuadoran villagers and environmental activists from using the US courts to force Chevron to pay its fine. A court in Ecuador first had ordered Chevron to pay $18 billion in damages, which was later raised to $19 billion, to people from Lago Agrio in Sucumbios province, in the Amazon basin region for environmental damage. But Chevron has almost no assets in Ecuador and is resisting attempts by the original plaintiffs to use the American courts to force its US operation to pay up…

Part of the following stories

Texaco/Chevron lawsuits (re Ecuador)

Ecuador Supreme Court upholds ruling against Chevron over oil pollution, halves damages to $9.51 billion