Tag: Chevron

New research links fossil fuel giants to trillions in heat-driven economic losses, offering fresh momentum for climate liability lawsuits worldwide.

The jury found Texaco, which was bought by Chevron in 2001, in violation of state coastal resource regulations because the company didn't restore wetlands destroyed by drilling oil wells, dredging canals and dumped wastewater.

A Louisiana jury’s landmark verdict against Chevron signals a major shift in holding Big Oil accountable for environmental degradation and decades of ignored coastal restoration laws.

The FTC’s complaint is the second major deal this year where the antitrust agency found evidence of collusion between top shale producers and oil companies that they’re legally obligated to compete against.

State and local governments have also taken legal action against the fossil fuel industry, seeking compensation for climate-related damages.

In the absence of independent local news sources, Richmond residents say they rely on each other for accurate information.

Chevron announced it will purchase Hess Corp. for $53 billion weeks after Exxon Mobil announced its deal to acquire Pioneer Natural resources for $60 billion.

"Our leaders must stand up to these polluting industries, halt all new fossil fuel projects, and implement policies that phase out dangerous fossil fuels for good."

It is a million times higher than what the agency usually considers acceptable for new chemicals and six times worse than the risk of lung cancer from a lifetime of smoking.

“I didn’t really understand freedom until it was taken away.”