Chevron Ordered to Pay $740 Million for Damages to Louisiana Wetlands
A jury in Plaquemines Parish has ruled that oil company Chevron must pay at least $740 million to restore damage it caused to southeast Louisiana’s coastal wetlands. The verdict, which could set a precedent for other oil and gas firms, found that Chevron’s predecessor, Texaco, violated Louisiana regulations governing coastal resources by failing to restore … Read more