As its pollution trial in Ecuador creeps along, the oil giant Chevron is being accused by a U.S. environmental group of failing to inform shareholders adequately of its potential legal liability for contamination of the Ecuadorian Amazon. Chevron has been on trial in the Superior Court of Nueva Loja, capital of Ecuador’s Sucumbíos province, since 2003. Amazon Indians have filed a class-action suit charging that Texaco, which was purchased by Chevron in 2001, released over 18 billion gallons of toxic drilling wastes into rivers, wetlands and the soil during the period 1964 to 1992. On Feb. 1, the U.S.-based green group Amazon Watch called on the U.S. Securities and Exchange Commission (SEC) to investigate Chevron, charging that the oil giant broke federal law... [Log in to read more]