Chevron-Texaco

Ecuadorean President Rafael Correa: “Anybody can come here to the Ecuadorean Amazon and dip their own hands in the lagoons of oil left by Texaco more than 20 years ago and their hands will come out full of oil.”
It won’t come as a surprise to many readers that Chevron is not the most honest or law-abiding company in the world. In Australia, the International Transport Workers Federation has exposed over $35 billion in unpaid tax revenue for its offshore gas operations, while the Maritime Union of Australia has repeatedly protested the company’s exploitation of immigrant labour.

Oil giant Chevron Corp is fighting to avoid paying compensation awarded to about 30,000 Ecuadorean citizens severely affected by the dumping of billions of gallons of toxic waste in the Amazon. Chevron called on a US appeals court on April 20 to stand by a US court decision last year that ruled the US$9.5 billion compensation package awarded by an Ecuadorian court had been secured fraudulently.

The huge multinational US oil corporation Texaco operated in Ecuador from 1964 until 1992 (Texaco merged with Chevron in 2001). The corporation poured 72 billion litres of oil waste and 45 million litres of crude oil over 2 million hectares of land in Santa Elena province — land which included the Amazon rainforest, rivers and agricultural land. Texaco just poured the oil into ground-connected pipes which just poured oil directly into the rivers and forests.
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