Latest Ecuador Stories
NEW YORK, May 23, 2012 /PRNewswire-USNewswire/ -- An epic showdown between angry Chevron shareholders and notoriously short-tempered CEO John Watson over the company's $18 billion Ecuador liability is brewing just days before the company's annual meeting next week. Watson - who at the Chevron annual meeting in 2010 had five activists arrested after they challenged him on the Ecuador liability -- is facing a potential shareholder rebellion after two leading proxy advisory firms urged...
NEW YORK, May 17, 2012 /PRNewswire-USNewswire/ -- A new financial analysis has found that Chevron's $18 billion Ecuador environmental liability poses a threat of "irreparable damage" to the oil major's global operations if the plaintiffs make good on their promise to launch legal actions to enforce the judgment in countries where Chevron has billions of dollars in assets. The report, by social investment analyst Simon Billenness, notes that the long-running case (Aguinda v....
NEW YORK, May 14, 2012 /PRNewswire-USNewswire/ -- Chevron suffered two new legal setbacks today when a U.S. federal judge, who usually favors the company, rejected its attempt to attach the assets of the Ecuadorians and their counsel who won an $18 billion judgment for environmental damage and separately tossed out two fraud-related claims against an American lawyer, according to published court decisions. Judge Lewis A. Kaplan -- who for the last two years has almost uniformly...
NEW YORK, May 14, 2012 /PRNewswire-USNewswire/ -- Chevron now faces another headache over its $18 billion Ecuador judgments - this time from some of its own investors. A group of socially conscious shareholders led by the Unitarian Universalist Association have asked the Securities and Exchange Commission (SEC) to "make a determination" as to whether the oil giant has been violating disclosure obligations relating to the judgment. The request was made in a letter sent Friday to Mary...
Critical Projects Continue to Advance Note: All figures are quoted in U.S. dollars unless otherwise noted. CALGARY, May 10, 2012 /PRNewswire/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) is reporting today its financial results and operating highlights for the first quarter of 2012. In the first quarter, Ivanhoe Energy started drilling the exploration well in Ecuador, conducted seismic and took further steps in the process to achieve regulatory approval for Tamarack,...
Saw Scenes That Looked Like "War" During Trip to Remote Region of Amazon in Early 1990s NEW YORK, May 7, 2012 /PRNewswire-USNewswire/ -- In 1990, noted environmental lawyer Robert F. Kennedy Jr. was one of the first outsiders to travel to a remote area of Ecuador's Amazon to assess what at the time was considered one of the worst oil disasters on the planet -- one created deliberately by Chevron that is now the subject of an $18 billion judgment against the oil giant. Writing a...
NEW YORK, April 23, 2012 /PRNewswire-USNewswire/ -- Chevron's massive environmental crimes and sordid misconduct in the world's longest-running oil-related lawsuit is exposed in a new video released by the Ecuadorians who recently won an $18 billion judgment against the oil giant. The video reveals in graphic and shocking detail how Chevron intentionally contaminated the rainforest knowing it likely would cause death and destruction to thousands of people. From 1964 to 1990, the oil...
LAGO AGRIO, Ecuador, March 30, 2012 /PRNewswire-USNewswire/ -- A three-judge appellate panel in Ecuador has denied for the fourth time a Chevron attempt to block enforcement of the $18 billion environmental judgment against the oil giant, according to a decision released this week. The panel ruled that Chevron was not entitled to use an order from an international investor arbitration to block the rainforest communities from enforcing their judgment, which was affirmed on appeal in...
FARMINGDALE, N.Y., March 29, 2012 /PRNewswire/ -- Misonix, Inc. (NasdaqGM: MSON), a medical device company that designs, manufactures and markets innovative therapeutic ultrasonic products worldwide for wound debridement, spine surgery, cosmetic surgery, neurosurgery, laparoscopic surgery and other surgical applications has entered into a new, three-year, exclusive distribution agreement with B. Braun Medical, S.A. for the distribution of the SonaStar® Ultrasonic Surgical Aspirator...
Year of exploration sets the stage for progress in 2012 Note: All figures are quoted in U.S. dollars unless otherwise noted. CALGARY, March 15, 2012 /PRNewswire/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) is reporting today its 2011 financial results and an update on the Tamarack and Ecuador projects. Ivanhoe Energy is a heavy oil exploration and development company with a portfolio of early-stage assets that have significant potential but require more investment...
Latest Ecuador Reference Libraries
The spectacled bear or the Andean bear (Tremarctos ornatus) is native to South America. This bear is locally known as jukumari, ukuko, or ucumari and is the only remaining species of short-faced bear existing today, making it the sole member of the sub-family Tremarctinae. The range of the spectacled bear includes western Venezuela, eastern Panama, Peru, Colombia, Ecuador, northwestern Argentina, and western Bolivia. It is only found in the Andes Mountains, but it is thought to be an...
The Magnificent Frigatebird (Fregata magnificens) was occasionally previously known as Man O’War or man of War, a reflection of its rakish lines, aerial piracy of other birds, and speed. It’s widespread in the tropical Atlantic, breeding colonially in the trees in Florida, the Caribbean and the Cape Verde Islands. In addition, it breeds along the Pacific coast of the Americas from Mexico to Ecuador including the Galapagos Islands, as well. It is known as a vagrant as far from its...
The Crested Eagle, (Morphnus guianensis), is a species of bird of prey found from Guatemala through Belize, Honduras, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Guyana, Suriname, French Guiana, Brazil, Ecuador, Peru, Paraguay, and Bolivia to north Argentina. In Brazil, this species has suffered greatly due to habitat destruction and is mostly found only in the Amazon basin in that region. In Ecuador it is mainly found in the Eastern Andean mountains. It is the only member of its...
The Red-throated Caracara, (Ibycter americanus), is a species of bird of prey in the Falconidae family. It is the only member of its genus Ibycter. It is sometimes incorrectly placed in the Daptrius genus with the Black Caracara. It is found in Bolivia, Brazil, Colombia, Costa Rica, El Salvador, Ecuador, French Guiana, Guatemala, Guyana, Honduras, Mexico, Nicaragua, Panama, Peru, Suriname, and Venezuela. The habitats of this social bird are subtropical and tropical moist lowland forests...
The Tawny-faced Quail (Rhynchortyx cinctus) is a species of bird in the Odontophoridae family. It is the only bird in its genus. It is found throughout Colombia, Costa Rica, Ecuador, Honduras, Nicaragua, and Panama. Its habitat includes subtropical or tropical moist lowland forests and subtropical or tropical moist mountain forests. Image Caption: Artistic Depiction of Male Tawny-faced Quail. Credit: Wikipedia (public domain)
