The story of BOTA's capital and creation starts with politics and oil in Kazakhstan, the last of the ex-Soviet republics to gain its independence in 1991. As well chronicled in Steve LeVine's definitive account of the era, The Oil and the Glory, during the 90s there was a scramble amongst Western interests to secure oil drilling rights in the Caspian Sea, which had some of the largest untapped reserves in the world.
Entries in Texaco (4)
D.C. law firm Patton Boggs agreed Wednesday to pay Chevron $15 million to settle allegations that it helped cover up fraudulent evidence in an Ecuador pollution suit against the oil and gas company.
U.S. District Judge Lewis Kaplan in New York said he found "clear and convincing evidence" that a two-decade legal effort to punish Chevron for polluting the Ecuadorean rain forest was tainted by corruption.