Chevron ordered to pay more than $740 million to restore Louisiana coast in landmark trial

Chevron must pay $744.6 million for environmental damage in southeast Louisiana, as ruled by a jury. Texaco, acquired by Chevron, failed to restore wetlands affected by oil operations. This verdict could set a precedent for future lawsuits against oil companies for land loss. Chevron plans to appeal the decision.

Source:: https://timesofindia.indiatimes.com/world/us/chevron-ordered-to-pay-more-than-740-million-to-restore-louisiana-coast-in-landmark-trial/articleshow/120028660.cms