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More to U.S. oil than North Dakota, EIA says
SAN RAMON, Calif., March 13 (UPI) -- Chevron Corp. is appealing an Ecuadorian court order that it pay $17 billion for environmental damage to the Amazon region.
A provincial court in Lago Agrio, an Amazonian town founded as an oil base camp, ruled Feb. 14 the U.S. oil giant, based in San Ramon, Calif., is responsible for pollution caused by Texaco from 1964 to 1992. Chevron bought Texaco in 2001.
Chevron officially announced the appeal Friday, accusing the plaintiffs -- indigenous Amazon Indians and other residents -- of a campaign "to pressure judges to rule in their favor, corrupt expert reports and manufacture evidence."
Chevron charged the plaintiffs' lawyers "falsified data and pressured scientific experts to find contamination where none existed."
The company said a federal court in New York Monday issued a preliminary injunction against the plaintiffs, barring them from enforcing the judgment pending resolution of Chevron's claims that it is unenforceable.
Chevron says "all legitimate expert reports" found the areas remediated by Texaco pose no substantial risk to humans or the environment.
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HAIFA, Israel, May 23 (UPI) --
The reported delivery of supersonic Russian anti-ship missiles to Syria heightened Israeli concerns about protecting its offshore gas fields.
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TUCSON, May 23 (UPI) --
Raytheon has received approval from the U.S. Defense Acquisition Board for full-rate production of the Standard Missile-6.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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