Tag: Chevron

• Tuesday, October 15th 2013 - 23:09 UTC

  Chevron/Ecuadorean villagers case in new chapter before a US Judge

  

  Chevron Corp will try to convince a US judge that a group of Ecuadorean villagers and their US lawyer used bribery to win a 18 billion dollars judgment against Chevron from a court in Ecuador, in the latest chapter in a long-running fight over pollution in the Amazon jungle.

• Tuesday, October 8th 2013 - 18:15 UTC

  Brazil limits Chinese state-controlled companies to joint bidding for largest offshore oil prospect

  

  Brazil is limiting Chinese state-controlled oil companies to joint bids to develop its largest offshore oil discovery, amid concerns the players could share data and reduce competition ahead of the 21 October auction, said Brazilian officials.

• Wednesday, October 2nd 2013 - 16:22 UTC

  Chevron reaches negotiated settlement in Brazil oil spill case after two year legal battle

  

  A Brazilian federal judge on Tuesday dismissed a lawsuit against US oil company Chevron Corp after approving a negotiated settlement, a decision that closes a nearly two-year legal battle over an oil spill in November 2011.

• Wednesday, September 18th 2013 - 19:43 UTC

  Argentina’s YPF main partner, Chevron, blasted by Correa who is expected in Buenos Aires

  

  A couple of days before Ecuador’s President Rafael Correa is set to arrive in Argentina he sank his right hand into the bushes of the Ecuadorean Amazon and then showed it to the dozens of journalists summoned for the demonstration: it was covered in oil.

• Monday, August 5th 2013 - 02:11 UTC

  Argentine economy conditioned by energy imports and subsidized fuels and power

  

  If the Argentine government does not manage to stabilize its energy balance, which is one of the main drains of US dollars, the ban on hard currency purchases, the barriers to imports and the growing obstacles to spend money overseas for Argentine travellers will continue and could worsen, according to Buenos Aires analysts.

• Wednesday, July 17th 2013 - 07:24 UTC

  Argentina’s nationalized YPF and Chevron sign agreement to develop shale deposits

  

  Chevron, the world’s second-biggest oil company signed the first agreement with Argentina’s government since it nationalized YPF in 2012 to help develop shale oil and natural gas in the Vaca Muerta basin of the Patagonian province of Neuquen.

• Saturday, May 18th 2013 - 06:53 UTC

  Venezuelan oil monopoly in joint ventures with Chevron and China Petroleum

  

  PDVSA, Venezuela’s government oil and gas giant will allow joint ventures with China National Petroleum Corp. and Chevron Corp. to manage 6 billion dollars in loans designed to revert oil output declines, said a PDVSA official.

• Tuesday, February 26th 2013 - 10:13 UTC

  Ecuador/Chevron dispute enters a new chapter: Correa calls for Latam support

  

  President Rafael Correa said he expects the regional groupings Alba and Unasur to meet urgently and address the “legal aberration” committed by a UN trade law arbitrage tribunal against Ecuador in a case involving US multinational Chevron and decades of environmental damages.

• Friday, February 1st 2013 - 18:47 UTC

  Argentine court confirms setback for Chevron in 20-year old dispute with Ecuador

  

  An Argentine appeals court has upheld an embargo on the assets of Chevron Corp.'s local subsidiary, a legal setback for the company, which had said the embargo compromised its operations in the country. A lower court judge issued the embargo last year as part of a decades-old legal dispute involving claims that Chevron is responsible for environmental contamination in Ecuador.

• Monday, December 10th 2012 - 05:34 UTC

  YPF confident it has partners to develop shale assets: Chevron and Bridas

  

  Argentine nationalized oil company YPF is in advanced discussions with potential partners on the development of its shale assets, the company's chief executive said. YPF could complete a deal with Bridas Energy Holdings Ltd. before the end of the year, while an agreement with US oil major Chevron Corp. will likely close in the first quarter of 2013, he said, adding that the deals would likely be similar in size.