Chevron is refusing to pay reparations to Ecuadorians, arguing, absurdly, that it has no liability for the action of the company it bought (Texaco) and which polluted and damaged the Ecuadorian environment. You'll remember that Exxon refused to pay for the Valdez incident, and not paying has become the norm according to ThinkProgress' Brad Johnson (climate editor). The U.S. judge who ruled that Chevron need not pay cited a threat to the global economy as the reason. This rationale fits nicely with the mindset behind the Trans Pacific Trade Agreement; nothing which the corporatocracy/global elite does to create and exploit crises makes them culpable, while any culpability for their actions is a "threat to the economy."
Meanwhile, BP has come to an agreement with a Russian company to explore oil drilling in the Arctic. As the first article I mentioned notes, BP has already absorbed its losses from the oil spil in the Gulf of Mexico. Chevron could pay most of the reparations ordered by the Ecuadoran courts with one quarter's profits.
Chevron wanted the case tried in Ecuadoran courts, until it became clear that they could not have their way with the Correa government the way they had with previous governments. While more "balanced" accounts argue that Ecuadoran firms share complicity with the devastation, Texaco operated in Ecuador throught the CIA's "Operation Condor" years and this libertarian site argues that Correa himself had to make drastic changes to his cabinet in order to safeguard himself from assassination by CIA agents/collaborators.