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The Latest Breaking News from Chevron

High Court, High Stakes for Cybersecurity

Episode 488 of the Cyberlaw Podcast

Reason

Will Sanctions Easing Reboot Venezuela's Oil Industry?

On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has more of than any country in the world.

International Business Times

SCOTUS hears oral argument in challenge to Chevron deference

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

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SCOTUS hears oral argument in challenge to Chevron deference

The United States Supreme Court on January 17, 2024, heard oral argument in Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce—two consolidated cases challenging an agency’s interpretation of a federal fishery law that could affect future applications of Chevron deference by the federal courts.

Ballotpedia

Supreme Court tackles case potentially impacting federal agency regulations

The Supreme Court is hearing arguments on the Chevron deference, a precedent that gives federal agencies leeway in crafting regulations. The case involves ...

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High court hears arguments in cases that challenge deference to executive agencies that interpret the law - Roll Call

The Supreme Court heard arguments in two cases that could remove the deference given to the executive branch in interpreting law.

Roll Call

Case brought to Supreme Court by herring fishermen may gut federal rulemaking power

Several of the court's conservative justices expressed deep skepticism of the current framework. But all three left-leaning justices offered support for keeping the system in place.

WEKU

The Chevron Doctrine Discomfits the Weak

Excessive judicial deference gives administrative agencies a license to rewrite the law in their favor.

Reason

Gorsuch urged to recuse himself from supreme court case over ties to oil baron

Philip Anschutz has hosted rightwing justice at resort and stands to benefit if court strips power from federal regulatory agencies

The Guardian - US

Supreme Court to hear arguments on landmark regulatory doctrine - Roll Call

The Supreme Court will hear oral arguments in two cases that could upend how courts review decisions administrative agencies make.

Roll Call

Robe & Gavel: Federal Judicial Vacancy Count released for January 2024

Welcome to the Jan. 15 edition of Robe & Gavel, Ballotpedia’s newsletter about the Supreme Court of the United States (SCOTUS) and other judicial happenings around the U.S.

Ballotpedia

A Supreme Court ruling on fishing for herring could sharply curb federal regulatory power

Fisheries regulation might seem to be unusual grounds for the U.S. Supreme Court to shift power away from federal agencies. But that is what the court seems poised to do in the combined cases of Loper Bright Enterprises vs. Raimondo and Relentless Inc. vs. Department of Commerce. The cases are…

The Conversation

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The Independent UK

Crusading lawyer Steven Donziger on his 993 days of house arrest amid battle with oil companies

Horrified by the effects of toxic waste in the Amazon, the Harvard-educated lawyer has spent decades fighting the companies he holds responsible. But amid accusation and counter-accusation, he tells Kevin E G Perry about the personal price he has had to pay

The Guardian - AU

Woodside cuts all ties with Perth’s Fringe World festival after years of environmental protests

Festival will be free of fossil fuel sponsorship for the first time in decades after the departure of Chevron as a sponsor last year

AAP

Festival season begins with fossil fuels on the fringe

Activists are welcoming what they have described as Perth's first "fossil-free" festival season, after Woodside ended the last of its support for Fringe World.

The Guardian - UK

Big five oil companies to reward shareholders with record payouts

BP, Shell, Chevron, ExxonMobil and TotalEnergies to distribute more than $100bn despite public outrage

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Top News

Chevron's Outlook Dims as Analysts Curb Optimism

Wall Street analysts revise their outlook on Chevron as mounting setbacks prompt adjustments. Find out how this impacts the company's future prospects.

The Independent UK

Oil companies offer $382M for offshore drilling rights in last sale before 2025

Oil companies have offered $382 million for drilling rights in the Gulf of Mexico after courts rejected the Biden administration’s plans to scale back the sale to protect an endangered whale species

Barchart

Chevron Stock Has Bottomed Out - Investors Await a Dividend Hike and 4.3% Yield

Chevron stock has bottomed out. Investors expect the company will hike its dividend by at least 6.3% in January, giving it a 4.3% yield. Shorting OTM puts is also a good income play for shareholders.

Barchart

Will Oil Stocks Go Up in 2024? Warren Buffett Doesn’t Seem to Think So.

U.S. oil prices are trading below $70 per barrel, which has pushed oil stocks lower. Will oil stocks recover and go higher in 2024? Here's how Warren Buffett's views stack against Wall Street analysts.

Capital & Main

Carbon Causes Climate Change. Why Does a California County Want to Make More?

Kern County wants to use billions in federal tax credits to collect and bury carbon. To do so, it would build new facilities to produce more of the most abundant greenhouse gas.

The Guardian - US

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

Revealed: over 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

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