Nueva Loja

Nueva Loja is the capital of the province of Sucumbíos in Ecuador. It become founded within the Nineteen Sixties as a base camp of Texaco. The respectable population as of the 2010 census is 57,727 Nueva Loja is placed in crucial Sucumbíos, in the Amazonian wooded area, and is one of the maximum crucial cities in northeastern Ecuador. Its importance comes from the oil extraction. It is named after Loja as some of the first colonizers came from the Southern Province of Loja. The area across the town, the Lago Agrio oil subject, has many ecological troubles. The rainforest has been all however obliterated in this vicinity and environmental degradation is severe, with catastrophic oil pollution in a few areas.

On February 14, 2011, a decide in Lago Agrio dominated that Chevron, now owner of Texaco, needed to pay $nine billion in environmental damages for polluting the rainforest. In 2017, the Superior Court of Justice of Brasil rejected enforcement of the 2013 Ecuadorian Supreme Court award, with the Prosecutor concluding that verdict become “issued in an abnormal way, specifically beneath deplorable acts of corruption.