Chevron Corporation its obligations under international treaties. The tribunal held that a $9.5 billion pollution judgment by Ecuador’s Supreme Court against Chevron “was procured through fraud, bribery and corruption and was based on claims that had been already settled and released by the Republic of Ecuador years earlier.” Ecuador’s attorney general plans to appeal the tribunal’s ruling saying, “It worries us that the tribunal is asking a country to lift a sentence of one of its courts that was issued as part of a dispute between private parties." Chevron continues to take oil from the Amazon region at large. El Segundo (CA),
Energy policy of Ecuador petrochemical company with a compound currently under development, would allow Ecuador to refine up to 300,000 barrels/day once fully operational. The company is owned by Petroecuador, Petroleos de Venezuela SA, and the China National Petroleum Corporation. The project is estimated to cost $12 billion and return $3 billion/year that would otherwise be spent on refined fuels. It is being constructed in El Aromo, in the coastal province of Manabi. Completion of the refinery would take place in two phases, the first yielding a processing capacity of 200,000 barrels/day and the second adding another 100,000 barrels/day. The necessary access roads and