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Bookmark or Share- Ecuador’s Court Ignores Fraud, Upholds Judgment — ChevronSAN RAMON, Calif., Nov. 13 -- Despite overwhelming evidence of fraud, bribery and corruption, Ecuador's National Court of Justice ratified the fraudulent Lago Agrio judgment against Chevron Corporation (NYSE:CVX), once again violating the nation's international obligations and the rule of law.
- Chevron Corporation Home - Human Energy — ChevronChevron has never conducted oil production operations in Ecuador. Its subsidiary Texaco Petroleum Co. (TexPet) did operate in Ecuador, mostly in minority partnership with Ecuador's state oil company, Petroecuador, which owned 62.5 percent.
- The Hague Court Rules for Chevron in Ecuador DisputeThe District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
- Ecuador Lawsuit - Chevron.comIn February 2011, an $18 billion judgment—later reduced to $9.5 billion—was rendered against Chevron by a court in Lago Agrio, Ecuador, for alleged contamination resulting from crude oil production in the region.
- U.S. Court Declares Ecuador Judgment Fraudulent — ChevronThe U.S. District Court for the Southern District of New York today ruled that the $9.5 billion judgment against Chevron Corporation in Ecuador was the product of fraud and racketeering activity, finding it unenforceable.
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