Chevron open to settling lawsuit

From Times Wire Services

Chevron Corp. said it was open to an amicable solution to a multibillion-dollar lawsuit in Ecuador.

An out-of-court settlement would hinge on state-owned PetroEcuador fulfilling obligations in oil-field cleanups, the company said.

The plaintiffs’ lawyers say that about 30,000 people have suffered from health problems triggered by pollution caused by Texaco, which Chevron took over in 2001.