
US oil giant Chevron, hit in Ecuador with a record $19 billion fine for pollution, asked Monday for the court to consider what it claimed was "new evidence" the judge in the case was corrupt. In a statement in Quito, the company -- which has been castigated by President Rafael Correa for refusing to pay the fine -- said it had presented the prosecutor with "4,000 pages of new evidence" concerning the judge's alleged fraud and breach of trust. Chevron has never worked directly in Ecuador but inherited the pollution lawsuit when it acquired Texaco in 2001. Indigenous groups and local farmers says Texaco polluted large areas of Ecuador's Amazon basin jungle when it operated in the region from 1964 to 1990, a decade before being acquired by Chevron. After years of litigation, an Ecuadoran court in February 2011 ordered Chevron to pay the massive fine. Correa -- a leftist leader often critical of the US -- and his government have since accused Chevron of "intimidation," "threats" and spreading "disinformation." He called for a campaign against the company, inviting celebrities to visit to see the effects of pollution firsthand. But Chevron insists the environmental damage was caused by the state oil company Petroecuador and that its trial was marred by a corrupt judge.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor