Oppenheimer’s Fadel Gheit is one of the top oil industry analysts in the world. What he says carries a lot of weight. And right now, he’s saying that it’s time for Chevron to reach a settlement in Ecuador. Specifically, Gheit is saying that a recent decision by the US Supreme Court to hear a case [...]
Continue reading...Wednesday, August 17, 2011
Chevron PR spokesman Kent Robertson’s constant efforts to spin court proceedings to fit his company’s twisted version of events in Ecuador may be about to blow up in his face in a big way. Perceiving a small victory for his obscenely profitable oil company over the Indigenous and rural Ecuadoreans seeking justice for the deliberate [...]
Continue reading...Monday, June 6, 2011
The fallout from Chevron’s annual shareholder meeting continues. In addition to the protesters outside the meeting, Chevron found itself “under siege” inside the meeting as well, according to the San Jose Mercury News. In fact, it faced something of a shareholder insurrection, as major investors (who collectively manage over $160 billion in assets) accused Chevron [...]
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Thursday, October 27, 2011
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