Power Of All Time Analysis

CHEVRON
THE WORST POLLUTER OF
ALL TIME

TABLE OF CONTENTS

Executive Summary……………………………………………………………………………1
Introduction…………………………………………………………………………………...…2
Literature Review…………………………………………………………………………….…4
Study……………………………………………………………………………………………..6
Methodology……………………………………………………………………………………13
Analysis…………………………………………………………………………………………14
Conclusions/Recommendations……………………………………………………………..16
References……………………………………………………………………………………..17

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EXECUTIVE SUMMARY
The environment is one of the reasons why people survive and it’s very important for us to take care of the environment and not the other way around. We need to protect it from people or other factors that wants to damage it. A healthy environment means a
healthy
For these reasons, it is standard practice in the oil industry to reinject produced water into underground wells where it cannot contaminate surface streams or groundwater. Produced water has long been recognized as toxic and when Texaco began dumping produced water, local people who depend on the rivers for bathing, drinking, and cooking began reporting skin rashes and other ailments.
Furthermore, many fish have disappeared from the rivers around the oil concession area. This has contributed to dire poverty among indigenous Ecuadorians who used to depend on fish as a major source of nutrition (ChevronTexaco, n.d.).
Texaco is under by the Chevron Corporation, upon the filing of the case by the residents of Ecuador’s Amazonian rain forest and some environmental groups; Chevron
Corporation denied all allegations that were throwed to them. At first they refuse to pay any compensation but since the residents won against them they didn’t have the choice but to pay.
Environmental groups also criticized them for not standing up to their company’s mistakes especially when Chevron drops Texaco from its name. The Chevron’s
Chevron also paid for the damages and the EPA set aside some money for the clean-up and others.
Oil spills in Angola were the result of leaks from poorly maintained pipes used to transport crude from the platforms. Chevron has promised to invest $108m replacing the pipes.
Oil spill off the coast of Rio de Janeiro was caused by the error in calculating the reservoir pressure. The company accidentally used a kind of mud in its drilling that did not have the right weight needed to contain the oil, which rose from the well and spilled
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onto the ocean surface. Chevron has agreed to pay $41.6 million in compensation over the leak of 3,000 barrels of crude in November 2011 from the deepwater Frade field,
370 kilometers (230 miles) northwest of the picturesque coastal city.
Chevron made changes to the refinery’s Fluid Catalytic Cracker Unit, resulting in excess emissions of nitrogen oxides. Nitrogen oxide contributes to ground-level ozone, acid rain, and destruction of terrestrial and aquatic ecosystems. It can also irritate the