Chevron’s Disclosures to Investors on Risks Associated with Ecuador are Questioned

Posted on May 18, 2011 • Filed under: Business, Ecuador, Oil, Politics

In 2001, when Chevron acquired Texaco, the company inherited an environmental and human rights disaster in Ecuador. According to a lawsuit originally filed in 1993, Texaco dumped billions of gallons of waste byproduct from oil drilling in the rainforest, and burned hundreds of millions of cubic feet of gas and waste oil into the atmosphere. Read Article

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