Magazines Hydrocarbon Engineering LNG Industry
World Coal World Pipelines World Cement
Sign in | Subscribe |
Contact us | Newsletter
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.
View more of the latest upstream news
View more of the latest downstream news
View more of the latest pipelines news
Further drilling success for Chevron
Chevron Corp. has announced further drilling success in the Carnarvon Basin offshore Western Australia.
Chevron confirms discoveries in the Republic of Congo
Chevron Corporation has confirmed discoveries within the Moho-Bilondo licence in the Republic of the Congo.
Palladian Publications publishes five international B2B magazines targeted specifically
at the global energy sector. Each title provides its subscribers with a unique industry
insight via a combination of news, reviews, comments, analysis, regional reports,
case studies, technical articles and more. Magazines include Oilfield Technology,
World Coal, Hydrocarbon Engineering, World Pipelines and LNG Industry.
Would you like to receive Oilfield Technology magazine for FREE?
Every issue includes technical articles, news reports, regional features and much more...
YES, send me my free magazine now »
No, I don't want to keep up-to-date with the latest upstream news