Subscribe free to our newsletters via your
. Military Space News .




ENERGY TECH
Chevron wins partial victory in Ecuador pollution case
by Staff Writers
Washington (AFP) Sept 19, 2013


An arbitration panel in the Hague has given US oil firm Chevron an important procedural victory in its battle against a $19 billion fine by Ecuador for polluting the Amazon basin region.

The panel ruled on Tuesday that Chevron was protected from collective action claims in the case, due to agreements the Ecuadoran government had set with the former Texaco, which was allegedly behind the environmental pollution and which Chevron took over in 2001.

It said the 1995 settlement agreement, in which Texaco agreed to clean up waste from its oil drilling operations in the Lago Agrio region, protected it from collective-based charges.

Chevron argues that it is not liable for the damages claimed by Lago Agrio communities due to the 1995 deal, which came after the first complaints over the pollution were lodged in 1993.

In February 2011, however, an Ecuador court found Chevron liable in the case and ordered it to pay $9.5 billion in damages.

Subsequently an Ecuador court doubled the fine, amid accusations from Chevron of corruption and fraud in the handling of the case.

The Hague tribunal however said it was not ruling on whether the complainants in the case were indeed a collective or individuals.

It said it would rule on that issue at a future date.

Nevertheless, Chevron declared victory in the case.

"The game is up. This award by an eminent international tribunal confirms that the fraudulent claims against Chevron should not have been brought in the first place," said Chevron vice president Hewitt Pate in a statement.

"It is now beyond question that efforts by American plaintiffs lawyers and the government of Ecuador to enforce this fraudulent judgment violate Ecuadoran, US, and international law."

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Iraq Kurdish leader insists on right to export energy
Arbil, Iraq (AFP) Sept 18, 2013
A senior leader of Iraq's autonomous Kurdish region insisted on Wednesday that it had the right to export oil, efforts which the central government in Baghdad has decried as illegal. The remarks by the prime minister of Iraqi Kurdistan came just days ahead of the three-province region's parliamentary election, in which Kurdish leaders repeatedly have vowed to defend their autonomous area aga ... read more


ENERGY TECH
Israel's missile makers move toward U.S. production deals

Israel deploys Iron Dome system near Jerusalem: AFP

Israel says missile tested in joint exercise with US

Israel deploys Iron Dome defence system: Netanyahu

ENERGY TECH
Lockheed Martin Launches First LRASM Boosted Test Vehicle From MK 41 Vertical Launch System

S. Korea to parade North-focused cruise missile

Raytheon Stinger trainer demonstrates accuracy in Finland VSHORADS field trials

Anti-Ship Missile Prototype Conducts First Solo Test Flight

ENERGY TECH
LVC-DE Simulation Aids UAS in the NAS Integration

New Hydra project to see underwater drones deploying drones

Northrop Grumman Unmanned Portfolio Achieves 100,000 Flight Hours Over Last 15 Years

Tiniest autopilot unit created for small micro aerial vehicles

ENERGY TECH
USAF Launches Third Advanced Extremely High Frequency Satellite

Atlas 5 Lofts 3rd AEHF Military Comms Satellites

Unified Military Intelligence Picture Helping to Dispel the Fog of War

New Military Communications Satellite Built By Lockheed Martin Launches

ENERGY TECH
Raytheon awarded Phalanx upgrade contract

Shooting spree on DC naval base leaves 13 dead

Non-lethal weapons markets seen to be growing

Warrior Web Closer to Making Its Performance-Improving Suit a Reality

ENERGY TECH
Israel's booming arms exports under scrutiny

Pentagon orders security review after US base shooting

Sri Lanka, China to close free-trade deal: Colombo

Africa seen as $20B emerging arms market

ENERGY TECH
'Humbled' Kennedy seeks deeper ties with Japan

Russian military resumes permanent Arctic presence

US, Philippines launch war games near South China Sea

China's Bo Xilai writes defiant prison letter: report

ENERGY TECH
Airbrushing Could Facilitate Large-Scale Manufacture of Carbon Nanofibers

Motorised microscopic matchsticks move in water with sense of direction

Functioning 'mechanical gears' seen in nature for the first time

Breakthrough in sensing at the nanoscale




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement