Occidental Petroleum's Devastating Legacy in the Peruvian Amazon to Dominate Annual...
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Occidental Petroleum's Devastating Legacy in the Peruvian Amazon to Dominate Annual Meeting, says Amazon Watch Shareholders, Activists and Celebrities Call on Company to Rectify Past Harm Oxy Faces Similar Lawsuit to that Faced by Chevron in Ecuador Photo Opportunity and Interviews Available Immediately Following the AGM WHEN: Friday, May 1, 2009 at 10:30 am WHERE: Fairmont Miramar Hotel, 101 Wilshire Blvd, Santa Monica, CA 90401 WHAT: A delegation of concerned shareholders, environmental and human rights activists, lawyers and celebrities will once again speak at Occidental Petroleum's (OXY) annual stockholders' meeting to urge the CEO and Board of Directors to address the company's legacy of harm in the Peruvian Amazon before more Achuar people fall victim to widespread contamination. WHO: Lily la Torre, Lawyer for the Achuar people in Peru; Representatives from Amazon Watch; Bill Powers, Engineer with E-tech International; Patrick Doherty, New York City Common Retirement Fund; joined by celebrities Daryl Hannah, Q'orianka Kilcher and Benjamin Bratt. BACKGROUND: Occidental Petroleum's oil operations in the Peruvian Amazon have caused massive environmental devastation, and led to a severe public health crisis amongst the Achuar people of the Corrientes River. Oxy faces a lawsuit brought by the Achuar which is currently pending in the Federal Court of Appeals. For every barrel of oil Oxy produced in Peru, it dumped eight barrels of toxic waste into the Amazon. As a result, repeated tests reveal that the majority of Achuar children have dangerous concentrations of lead and cadmium in their blood. In light of the pending judgment against Chevron in Ecuador, where the California based oil giant faces a $27 billion cleanup bill, a growing group of Oxy investors, including New York City Common Retirement Fund, are concerned that Oxy faces a similar potential massive liability in the Peruvian Amazon. As a result, Oxy shareholders have filed a resolution, which raises concerns about Oxy's handling of the Peru disaster. Actresses Daryl Hannah and Q'orianka Kilcher (who is of Peruvian indigenous ancestry) have visited Achuar communities in the northern Peruvian rainforest and witnessed the pollution first hand. Along with actor Benjamin Bratt (also of Peruvian indigenous ancestry), they will share their concerns with Occidental Petroleum's shareholders at the oil company's annual general meeting on Friday. /PRNewswire-USNewswire -- April 29/ SOURCE Amazon Watch Mitch Anderson, +1-415-342-4783, mitch@amazonwatch.org, or Joseph Mutti, +1-415-487-9600, +1-510-566-4346, joseph@amazonwatch.org, both of Amazon Watch
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