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

donziger

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.

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