A Manhattan judge ordered Chevron Corp CEO John Watson to testify in the fraud suit against Ecuadoreans trying to enforce a $19 billion judgment for Chevron's alleged rainforest pollution, Reuters reports.
The Ontario Superior Court dismissed a lawsuit by Ecuadorian villagers to force Chevron Corp. to pay a $19 billion judgement for alleged oil pollution in the country's rainforest, The Associated Press reports.
Burford Capital, the litigation finance firm that backed the representation for plaintiffs in Chevron's Ecuador oil pollution case, said it was misled by the plaintiffs' lawyer Steve Donziger and law firm Patton Boggs, Fortune reports.
Stratus Consulting, the environmental consultancy that provided expert data for plaintiffs in Chevron's Ecuador oil pollution trial, disavowed its work, saying the plaintiffs' lawyer misled them, Businessweek reports.
BUENOS AIRES, Argentina (AP) — An attempt by Chevron Corp. to unfreeze its assets was dismissed Wednesday by an appeals court in Argentina, where the winners of a $19 billion environmental judgment in Ecuador are suing to force the oil company to pay.
TORONTO (AP) — An attempt by Ecuadorian villagers to have a Canadian court enforce a $19 billion judgment awarded in their country against multinational oil giant Chevron Corp. faced a judge's skepticism Thursday.
BUENOS AIRES, Argentina (AP) — Chevron's Argentina subsidiary ran full-page ads in the nation's leading newspapers Thursday saying that its operations have been complicated by a court order freezing its earnings.
Chevron Corp. filed an ethics complaint with New York State Comptroller Thomas DiNapoli over alleged violations of the state's Public Officers Law for ethical problems surrounding a suit against the company in Ecuador, The Wall Street Journal reports.
Some industry leaders are concerned that shifting opinions and increased legislative action on hydraulic fracturing could hinder their chances to develop Colorado's energy resources, Bloomberg reports.
Dominion Resources Inc. told the Nuclear Regulatory Commission last week that it had removed all nuclear fuel from the reactor at the shuttered Kewaunee Nuclear Plant, the Green Bay Press-Gazette reports.
A Colorado bill to establish a renewable energy mandate for cooperatives has faced a lawsuit and an advertising campaign over whether the bill would incentivize state renewable energy, The Gazette reports.