Chevron challenges $18bn Ecuador fine

Oil giant says ruling is based on fraud and has sought injunctions in international courts.

    Chevron is taking legal action to contest a court judgment in Ecuador which ordered the United States oil company to pay $18bn to indigenous communities whose land was damaged more than 20 years ago.

    The Ecuadorian court had ruled that the company needs to take responsibility for an oil spill that allegedly caused massive environmental damage. Chevron claims the ruling was based on fraud and has appealed the decision in international courts.

    Al Jazeera's Tom Ackerman reports from Washington.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    'We scoured for days without sleeping, just clothes on our backs'

    'We scoured for days without sleeping, just clothes on our backs'

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Unification: Saladin and the Fall of Jerusalem

    Unification: Saladin and the Fall of Jerusalem

    We explore how Salah Ed-Din unified the Muslim states and recaptured the holy city of Jerusalem from the crusaders.