Chevron heads face shareholders after huge $18bn Ecuador fine

Posted by Washington Post: Juliet Eilperin on May 25th, 2011
Guardian: 'Chevron [should] cease its lies and pay,' said Humberto Piaguaje, an Ecuadorian tribal leader attending the AGM. Chevron bosses are facing shareholders for the first time since the company was fined a total of $18bn (£11.1bn) by a court in Ecuador over contamination from oil extraction in the Amazon. California's largest oil company is coming under increasing pressure from institutional investors and long-term shareholders who are gathering at the annual general meeting at Chevron's HQ in San Ramon,......

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