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Ecuador: Chevron’s damages fine is slashed on appeal | Ebola Videos

Ecuador: Chevron’s damages fine is slashed on appeal

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US oil giant Chevron has been ordered to pay Ecuador $9.5 bn (7.07 bn euros) for environmental…

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US oil giant Chevron has been ordered to pay Ecuador $9.5 bn (7.07 bn euros) for environmental damage to its Amazon basin region by its sister company Texaco.

The court ruling however slashed the original fine of $18 billion (13.3 bn euros).

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