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Category: Ecuador

Category:
  • Ecuador

Ecuadorians Challenge Chevron Over $9.5B Award In Canadian Court

Ecuadorian farmers and indigenous people will seek to show an Ontario Court of Appeal this week that Chevron Canada is legally liable for a US$9.5-billion award that the Ecuadorians won Continue Reading

Posted On : 17 Apr 2018 Published By : Tom Whipple
Category:
  • Ecuador

Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts

Ecuador has temporarily shelved its idea to ask from OPEC later this month to be exempt from its share of the production cuts, because the cartel’s supply restrictions are successfully Continue Reading

Posted On : 17 Nov 2017 Published By : Tom Whipple
Category:
  • Ecuador

Ecuador to Pump Over OPEC Oil Limit

Ecuador has broken ranks with fellow OPEC members as the South American country’s energy minister said it could no longer hold up its end of an agreement to cut oil Continue Reading

Posted On : 19 Jul 2017 Published By : Tom Whipple
Category:
  • Ecuador
  • OPEC

Ecuador Abandons The OPEC Deal: Who’s Next?

Ecuador announced its withdrawal from the OPEC agreement this week, a move that could shake the foundation of a deal that was already starting to show some cracks. “We need Continue Reading

Posted On : 19 Jul 2017 Published By : Tom Whipple
Category:
  • Ecuador

U.S. Supreme Court Backs Chevron In $9B Ecuador Pollution Case

The U.S. Supreme Court on Monday denied to hear an appeal by an American lawyer to try to collect US$8.65 billion in pollution damages from Chevron, handing a victory to Continue Reading

Posted On : 20 Jun 2017 Published By : Tom Whipple
Category:
  • Ecuador

Schlumberger sees Ecuador’s unpaid bills hurting quarterly results

OPEC production cuts and economic woes are complicating Schlumberger NV’s (SLB.N) efforts to collect $1.1 billion from Ecuador’s state-owned Petroamazonas, casting a cloud over the oil services company’s first-quarter results. Continue Reading

Posted On : 29 Mar 2017 Published By : Tom Whipple
Category:
  • Ecuador

Chevron: Game up — again — in Ecuador

U.S. supermajor Chevron Corp. said it was victorious in a long-running legal battle against alleged misconduct in Ecuador and a fraudulent lawyer. The U.S. Court of Appeals for the Second Continue Reading

Posted On : 10 Aug 2016 Published By : Tom Whipple
Category:
  • Ecuador

Chevron’s Pollution Victory Opens Door for Companies to Shirk Foreign Verdicts

Chevron wasn’t the only winner in Monday’s ruling by a federal appeals court over its long-running Ecuadorian pollution litigation. The victory, in which the court affirmed that a lawyer for Continue Reading

Posted On : 10 Aug 2016 Published By : Tom Whipple
Category:
  • Ecuador
  • International Oil Companies

Chevron Wins Big in $9.5 Billion Oil Pollution Case. But It’s Not Over Yet

The lawyer for Ecuadorian victims fails to sway a U.S. court that he didn’t act illegally. Now, more appeals in the 23-year-old case. Protesters demonstrate in front of a New Continue Reading

Posted On : 9 Aug 2016 Published By : Tom Whipple
Category:
  • Ecuador

U.S. Supreme Court Backs Chevron in Treaty Dispute with Ecuador

Chevron offices The United States Supreme Court declined to hear an appeal lodged by the government of Ecuador that contested a $96 million arbitration settlement awarded to the American oil Continue Reading

Posted On : 7 Jun 2016 Published By : Tom Whipple

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