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2009
Chevron and TexPet v. Ecuador (II) Chevron Corporation and Texaco Petroleum Company v. The Republic of Ecuador (II) (PCA Case No. 2009-23)
Nationality of the parties
Ecuador
United States of America
Summary of matters at issue
Oil exploration and production rights in Ecuador’s Amazon region through concession contracts concluded with the Government.
Claims arising out of Texaco's historical participation as a minority member of a consortium with Ecuador and Ecuador's oil company Petroecuador that explored for and produced oil under concession contracts, and the alleged Government's misconduct in subsequent litigation proceedings against Texaco for environmental remediation.
Economic sector and subsector
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
Arbitral rules and administering institution
UNCITRAL
PCA (Permanent Court of Arbitration)
Composition of tribunal
Veeder, V. V.
Grigera Naón, H. A.
Lowe, V.
Status/Outcome of original proceedings
Pending
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Umbrella clause

National treatment

Most-favoured nation treatment

Arbitrary, unreasonable and/or discriminatory measures
Pending
Follow-on proceedings
Judicial review by national courts
Judicial review by national courts
Judicial review by national courts
Award/decision upheld
Judicial review by national courts
Award/decision upheld
Link to Italaw's case page