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Chevron Dodges $9.5B Fine for Ecuadorian Damages in Canadian Court

May 24, 2018, 7:32 PM

Chevron Corp. can’t be forced to pay $9.5 billion for decades-old environmental damage in Ecuador under Canadian law, an Ontario judge ruled.

The May 23 decision is the latest loss for Ecuadorian villagers who have taken Chevron to court throughout the Americas to collect the penalty, which was ordered by an Ecuadorian court. Texaco Inc., later purchased by Chevron, was one of several companies exploring for oil on the villagers’ lands between 1964 and 1992.

Villagers’ advocates claim Chevron dumped oil into waterways and left behind 1,000 open-air waste pits that continue to leach toxins, the Amazon Defense ...

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