What Chevron did to the Ecuadorian Amazon?
What Chevron did to the Ecuadorian Amazon?
The True Story of Chevron’s Ecuador Disaster. Over three decades of oil drilling in the Ecuadorian Amazon, Chevron dumped more than 16 billion gallons of toxic wastewater into the rainforest, leaving local people suffering a wave of cancers, miscarriages, and birth defects.
How much did Chevron pay to Ecuador?
Chevron Ordered to Pay Ecuador $9.51 Billion on Appeal. Chevron has never worked directly in Ecuador but inherited the pollution lawsuit when it acquired former rival Texaco in 2001.
When did Chevron buy out Texaco in Ecuador?
Ecuador is where Chevron currently faces a potentially $27.3 billion financial liability in a long-running legal case over the consequences of Texaco’s alleged sub-standard operational practices in the Amazon rainforest. In 2001, Chevron acquired Texaco.
When did Texaco clean up the Ecuadorian rainforest?
The alleged environmental damage was done by Texaco between 1964 and 1992. Texaco was later acquired by Chevron. Chevron has argued that Texaco spent $40m ($31m) cleaning up the area during the 1990s, and signed an agreement with Ecuador in 1998 absolving it of any further responsibility.
What was the ruling in the Ecuador vs Chevron case?
All rights reserved. Eight years ago, in February 2011, the Sucumbíos provincial court issued a historic ruling in the case known as Lago Agrio against the Chevron-Texaco oil company, sentencing it to pay 9,500 million dollars for polluting the Amazon during its operations there between 1964 and 1992.
What did Chevron do to the Amazon rainforest?
More than 20 years ago, indigenous and farmer communities in Ecuador’s Amazon went to court in the United States to seek compensation from Chevron for harm caused by the deliberate dumping of billions of gallons of toxic oil waste on their ancestral lands.