Texaco Petroleum's Operations, Remediation, and Release: 1964 - 1998 – The Amazon Post

Chevron's Views
And Opinions On
The Ecuador Lawsuit.

Texaco Petroleum’s Operations, Remediation, and Release: 1964 – 1998

This video, produced by Chevron, is an overview of Texaco Petroleum Company’s (TexPet) participation in an oil exploration and production consortium with Ecuador’s state-owned oil company, Petroecuador. When the Consortium ended in 1992, TexPet agreed to remediate a portion of the Consortium’s operations, while Petroecuador took responsibility for all remaining environmental issues. Ecuador oversaw, inspected and approved TexPet’s remediation, and released the company from all environmental liability when the remediation was complete in 1998.