Chevron Unleashes Propaganda to Smear Ecuador Over Lawsuit
Chevron Warns Argentina That Operations Could Be Damaged by Ecuador Verdict.
Chevron, the multinational oil conglomerate based in Mountain View, California, yesterday warned Argentina that it’s ongoing legal battle with Ecuador’s government over Amazon oil pollution charges could jeopardize the company’s partnership with YPF to exploit Argentina’s Vaca Muerta shale reserves in Neuquén.
U.S. petroleum giant Chevron issued a statement under the title “The truth about the fraud against Chevron in Ecuador,” in a blatant attempt to cast doubt on the 2011 trial which resulted in Chevron being fined $19 billion for contaminating the Amazon rainforest.
“A group of Ecuadorian and North American lawyers, financed by British vulture funds, obtained in 2011 a ruling against Chevron Corporation, in a process plagued with fraud, corruption, extortion and use of false evidence against the company,” the missive released on Tuesday reads.
Alongside the opening statement, Chevron released a list of defenses explaining their complaints about the judicial process and its resulting impact on the company image.
YPF and Chevron signed an agreement in July to explore and exploit shale resources in Vaca Muerta, which would contribute to national government plans to make Argentina once more a net exporter of fuels.