Posts Tagged ‘argentine’

EMERGING MARKETS-Latam FX up on China, but real weakens further

by Forex Rooton November 22, 2012 8:25 pm BST
Thu Nov 22, 2012 3:25pm EST * Chinese manufacturing growth accelerates * Brazil cenbank says may provide dlr liquidity at year-end * Brazil real drops 0.16 pct, Mexico peso gains 0.3 pct By Walter Brandimarte RIO DE JANEIRO, Nov 22 (Reuters) - Latin American currencies gained on Thursday after encouraging Chinese manufacturing data improved the

Chevron units aim to thaw Argentine asset freeze

by on November 9, 2012 11:04 pm BST
The subsidiaries, Chevron Argentina and Ing. Norberto Priu, argued that they are not directly owned by Chevron Corporation, which was the target of the litigation in Ecuador, Reuters reported."Chevron Corporation, the sole judgment debtor, has no assets in Argentina. All operations in Argentina are conducted by subsidiaries that have

Judge orders ’embargo’ of Chevron Argentina assets

by on November 7, 2012 10:45 pm BST
Indigenous tribespeople and farmers in the Ecuadorean Amazon have sued the US-based oil major in Argentina and Colombia to collect the $19 billion award, Reuters reported.A 2011 decision by a court in Lago Agrio, Ecuador, ordered Chevron to pay the sum as a result of water contamination and inappropriately

Ecuador plaintiffs to sue Chevron in Argentina

by on October 31, 2012 5:22 pm BST
The 2011 judgment against Chevron is one of the biggest rulings for environmental damage and is being tracked closely by the global oil industry, Reuters reported.The source told Reuters that the plaintiffs' legal team would file a lawsuit against Chevron in an Argentine court.Other sources said the legal team