Subscribe free to our newsletters via your
. GPS 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
Model of dangerous bee disease in Jersey provides tool in fight against honeybee infections

The real reason to worry about bees

Study recommends strategies for improved management of fresh market spinach

Flame cultivation promising as weed control method for cranberry

ENERGY TECH
Toward a truly white organic LED

New magnetic semiconductor material holds promise for 'spintronics'

Growing thin films of germanium

Shining a little light changes metal into semiconductor

ENERGY TECH
Longbow lands $51 million South Korea Apache contract

Scalable Agile Beam Radar Will Extend Viability of F-16s Beyond 2025

Boeing to end C-17 military aircraft program in 2015

NASA Celebrates National Aerospace Week

ENERGY TECH
Bicycle built by Dutch students sets speed record of 83.13 mph

Swiss engineers create hybrid car engine said capable of 117 mpg

The new allure of electric cars: Blazing-fast speeds

France's Renault teams up with electric car pioneer

ENERGY TECH
The Africans making it big in China

Shanghai free trade zone will deal a blow to Hong Kong: Li

Romania delays decision on controversial mine project

FDI into China up 6.37% in first eight months: govt

ENERGY TECH
Heavily logged forests still valuable for tropical wildlife

Mangroves bring wildlife back to Senegal coast

US slaps high dumping tariffs on Chinese wood products

Amazon deforestation due in part to soybean growing

ENERGY TECH
Astrium to provide new satellite imagery for Google Maps and Google Earth

New insights solve 300-year-old problem: The dynamics of the Earth's core

Astrium Services targeting geo information business growth

Using digital SLRs to measure the height of Northern Lights

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