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The Latest Breaking News from Chevron

Chevron suspends production at stricken oil field

Production at the Benchamas oil field in the Gulf of Thailand was suspended immediately after an accident last week and remains offline, US oil giant Chevron Corp said in a statement on Monday.

Bangkok Post

Chevron hasn't complied with new California gas pricing law

Chevron has not complied with a new California law requiring it to disclose data on pricing

The Independent UK

Saudi Aramco’s $161bn profit is largest recorded by an oil and gas firm

Amnesty International hits out at ‘shocking’ annual figure reaped through sale of fossil fuel

The Guardian - UK

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John Kerry says U.S.-China climate talks have stalled

He tells Axios the talks have been hurt by tensions between the world's two largest greenhouse gas emitters.

Axios

Big Biz's "dishonest climate accounting"

Companies pledge to cut emissions caused by their production, while opposing measures to reduce emissions

Salon

Bump stocks sales resume in Texas, Louisiana and Mississippi after ATF misses deadline to appeal reversal of ban

WASHINGTON — Gun shops are selling bump stocks again in Texas, Louisiana and Mississippi after federal regulators failed to appeal a ruling that lifted a ban imposed after a Las Vegas rampage left 58 people dead.

Tribune News Service

The Dishonest Accounting of Net-Zero Emissions

Companies pledge to cut emissions caused by their production, while opposing measures to reduce emissions from the use of their products.

Capital & Main

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Oman’s Abraj Signs Oil Drilling and Extraction Deal with Chevron, Kuwait Gulf Oil Company

Oman's Abraj Energy Services said on Saturday it had signed a five-year "strategic partnership deal" with Kuwait Gulf Oil Company and Saudi Arabian Chevron to extract and drill for oil in Kuwait. The deal will see Abraj build three drilling platforms in the Wafra oilfield in Kuwait, the company said…

Asharq Al-Awsat

How Today's Skeptical Supreme Court Could Block Net Neutrality Rules

Attempts to reclassify ISPs as common carriers are unsupported by law.

Reason

High gas prices lead to climate rollback

Industry lobbyists' well-funded referendum could sway voters with misinformation

Salon

Tickets now on sale for first Chevron Championship ever held in Texas, where Lydia Ko and Nelly Korda headline

Kids 17 and under are free.

USA Today Sports Media Group

California Oil Industry Uses High Gasoline Prices to Roll Back Climate Agenda, Critics Allege

After industry lobbyists halted the oil and gas well safe-distance law, their well-funded referendum could sway voters with misinformation.

Capital & Main

Michael Hiltzik: Big oil companies are already reneging on their global warming promises

If there's an enduring truism about corporate promises to do well by doing good, it's that believing them is a mug's game.

Los Angeles Times

Editorial: Big Oil reaps record profits while the planet burns. California should curb its greed

Chevron, Shell, Exxon Mobil and other oil companies made more money than ever in 2022, showing just how massive a windfall they reaped as surging gas prices made it a struggle for drivers to afford filling up.

Los Angeles Times

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Daily Mirror

Shell profits soar to £32billion as millions struggling to pay their energy bills

The latest figures follow MPs hearing that around 12 million households are now spending more than 10% of their income on energy bills - the previous definition of fuel poverty

The Guardian - US

Revealed: how world’s biggest fossil fuel firms ‘profited in Myanmar after coup’

Leaked tax records suggest subsidiaries of international gas field contractors continued to make millions after the coup

WEKU

Exxon announced record earnings. It's bound to renew scrutiny of Big Oil

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

Salon

"War profiteering" Chevron's record gain

"It has price-gouged consumers in plain sight and it's going to get away with it," consumer advocate says

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Daily Mirror

Oil giants making 'obscene' £5,000 profit a second while millions struggle to heat homes

Five of the world's biggest oil companies are expected to reveal profits equating to £5,000 a second between them while millions continue to struggle with rising energy bills

Reason

Justice Kavanaugh on Major Questions, Chevron, and US News Rankings

Associate Justice Brett Kavanaugh addressed questions on a range of questions at a recent Notre Dame symposium.

Ballotpedia

Fifth Circuit declines to apply Chevron deference in bump stock ruling

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.

Bangkok Post

The struggle in harnessing power prices

Following protests from the business community, the Energy Regulatory Commission (ERC) reduced its planned hike to the power tariff for companies to 13%, down from 20.5%, but entrepreneurs say they cannot maintain product prices at these rates.

Capital & Main

Bay Area Plans to Refine Biofuels Could Derail Climate Goals, Warn Environmentalists

Oil companies may end up relying on environmentally questionable crop-based fuels.

Bangkok Post

Erawan gas output to return to normal

PTT Exploration and Production Plc (PTTEP) expects gas production at the Erawan field in the Gulf of Thailand to increase to the normal level of 800 million metric standard cubic feet per day (MMSCFD) by April next year, as part of an effort to increase domestic gas supply and reduce…

Asharq Al-Awsat

Eni, Chevron Announce New Gas Discovery in Egyptian Field

Italian energy group Eni and US energy major Chevron said on Sunday they had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea. The Nargis-1 well is part of Egypt's 1,800-sq. km Nargis Offshore Area concession operated by Chevron, which holds a 45% interest…

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