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

  • A jury ruled that Chevron must pay over $740 million to restore Louisiana's coastal wetlands on Friday in Pointe la Hache.
  • Coastal parishes filed lawsuits starting in 2013, alleging oil firms failed to comply with regulations and caused land loss.
  • Jurors determined that Texaco, which Chevron acquired in 2001, did not restore wetlands after dredging canals, violating state regulations.
  • The jury awarded $575 million for land loss, $161 million for contamination, and $8.6 million for equipment, totaling $744.6 million.
  • The verdict could set a precedent, potentially holding oil and gas companies accountable for billions in coastal damage, but Chevron will appeal.
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shreveportbossieradvocate.com broke the news in on Thursday, April 3, 2025.
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