MARITIME LAWYER NEWS

Archive for the ‘Chevron’ Category

Tens of thousands of Ecuador residents are the plaintiff in an environmental damages lawsuit against Chevron Oil. Chevron is accused of the ‘World’s Worst Oil-Related Disaster’ and the alleged evidence (photos) have been submitted in a lawsuit.

Crude contaminates an open toxic pool in the the Ecuadorean Amazon rainforest near Lago Agrio. Flickr/Caroline Bennett/Rainforest Action Network

Plaintiff spokesperson Karen Hinton believes that the submitted scientific evidence “proves overwhelmingly that Chevron is responsible for what is widely regarded as the world’s worst oil-related disaster.” ... Read Full Story

The Gulf oil spill ban, which was lifted several months ago by the Obama administration, continues to hurt big oil companies such as Chevron Corp. and Royal Dutch Shell PLC. These companies have billions of dollars tied up in Gulf projects that are on hold and are paying hundreds of thousands of dollars a day for rigs that aren’t allowed to drill. Smaller operators such as ATP Oil & Gas Corp., which have less flexibility to focus on projects in other regions, have been even harder hit.

The Obama administration says it is simply trying to enforce new safety rules adopted in the wake of the April 20 explosion of the Deepwater Horizon drilling rig, which killed 11 workers on April 20, 2010 and set off the worst offshore oil spill in U.S. history. Environmental groups say the administration is right to take its time because the Gulf disaster exposed the risks of offshore drilling. ... Read Full Story