• 3 minutes Natural gas is crushing wind and solar power
  • 6 minutes OPEC and Russia could discuss emergency cuts
  • 8 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 11 minutes Question: Why are oil futures so low through 2020?
  • 13 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 4 hours Oil and gas producers fire back at Democratic presidential candidates.
  • 1 hour "Criticism of migration will become a criminal offense.  And media outlets that give room to criticism of migration, can be shut down." - EU Official to the Media.
  • 4 hours Saudi Aramco launches largest shale gas development outside U.S.
  • 9 hours So the west is winning, is it? Only if you’re a delusional Trump toady, Mr Pompeo, by Simon Tisdall
  • 15 hours Peak Shale Will Send Oil Prices Sky High
  • 11 hours CDC covid19 coverup?
  • 8 hours Charts of COVID-19 Fatality Rate by Age and Sex
  • 13 hours What Is Holding Back Geothermal Heating and Cooling?
  • 1 day Fight with American ignorance, Part 1: US is a Republic, it is not a Democracy
  • 3 hours Huawei ≠ iPhones? UAE Used Cyber Super-Weapon To Spy On iPhones Of Foes
Alt Text

Chinese Scientists Find New Way To Clean Up Oil Spills

Chinese scientists have invented a…

Alt Text

BP To Take Final Hit On 2010 Disaster

British Petroleum is set to…

Alt Text

The Oil Eating Bacteria That Can Clean Up Crude Spills

Scientists have discovered a rod-shaped…

Joao Peixe

Joao Peixe

Joao is a writer for Oilprice.com

More Info

Premium Content

Ecuador vs Chevron Case Gets Down and Dirty

The record $19 billion fine levied against Chevron Corporation by a court in Ecuador for contaminating the Amazon rainforest takes a new twist as a New York court hears a case of fraud against the high-profile lawyer who helped Ecuador win its 2011 judgment. 

In a legal battle that has continued for two decades, the case against Chevron in Ecuador was led by New York lawyer Steven R. Donziger, who is now the target of another lawsuit alleging misconduct and fraud. Donziger was allegedly caught on video on the sidelines of filming for the documentary film “Crude” conceding that evidence had been fabricated to win the ruling in the Ecuador court.

And now we’re seeing previous Donziger devotees abandoning the cause, and the embattled lawyer as it becomes clearer that the New York court favors Chevron in the case.

Environmental groups say Chevron has only spent $40 million cleaning up the Amazon, but has spent more than $1 billion fighting the lawsuit.

The playing field here has been a murky one. Donziger secured millions of dollars in financing for the lawsuit from hedge fund Burford Capital and Patton Boggs in Washington, DC, which would have been repaid several times over with a share in the settlement against Chevron. But after doling out $4 million to Donziger’s cause, the hedge fund pulled out when Chevron laid allegations of fraud against Donziger.

In addition, Stratus Consulting—another of Donziger’s weapons—wrote the report that laid out Chevron’s contamination of the Amazon but then was hit by fraud charges from Chevron and recanted the report before the court.

If the district court in Manhattan rules against Donziger, it might be impossible for Ecuador to collect its $19 billion from Chevron.

If Chevron loses the case, it will embolden Ecuador to take the lawsuit to international courts and lend momentum to attempts by Ecuador and Donziger to seize Chevron assets in Canada, Argentina and Brazil to pay the $19 billion fine.

By. Joao Piexe of Oilprice.com




Download The Free Oilprice App Today

Back to homepage




Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News