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New York, NY – Late last week, the Naval Criminal Investigative Service (NCIS) released more…
How Chevron U.S. Monitors, Controls, and Directs Its Subsidiary in Nigeria
Chevron is “an international company that, through its subsidiaries and affiliates engages in fully integrated petroleum operations, chemical operations and coal mining in the United States and approximately 90 countries.”
— Chevron’s Annual Report (2000)
“Chevron Corp. exercises tight control over the Nigerian Subsidiary, [Chevron Nigeria Limited]. . . [which] acts primarily in the interest of Chevron Corporation rather than its own interests. . . The managers of the Nigerian subsidiary accept that they are to act on behalf of Chevron...”
— Harvard Business School Professor Louis Wells