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Keyword: chevron

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  • Why Big Oil Isn't Cheering Higher Oil Prices

    05/14/2014 7:51:31 PM PDT · by ckilmer · 14 replies ^ | May 14, 2014 | Travis Hoium
    Why Big Oil Isn't Cheering Higher Oil Prices By Travis Hoium | More Articles | Save For Later May 14, 2014 | Comments (0)   U.S. stock markets are in a gradual decline today, with the Dow Jones Industrial Average (DJINDICES: ^DJI  ) down 0.6% in late trading as traders sold equities and bought gold and oil. The shiny metal was up $10 in afternoon trading to $1,305 per ounce and oil was up to $102.19 per barrel.You may think higher oil prices would have Big Oil cheering today, but Dow components ExxonMobil (NYSE: XOM  ) and Chevron (NYSE: CVX  ) are respectively...
  • Gulf of Mexico saturated with oil?

    01/30/2007 8:39:08 AM PST · by milwguy · 57 replies · 1,890+ views
    petroleumnews ^ | 01/30/2007 | milwguy
    Chevron's announcement this week that the Jack Field located in the Gulf of Mexico 270 miles southwest of New Orleans may have as much as 15 billion barrels of oil was not the only recent find of oil in the Gulf. In March, Mexico announced the discovery of a new huge oil find, the Noxal Field some 60 miles from the port of Coatzacoalcos on the coast of Veracruz state. Estimated to contain as much as 10 billion barrels of oil, the find could well be larger than Cantarell, Mexico's biggest oil field, near Yucatan. Like the Jack Field discovery,...
  • Chevron Takes Battle To Radical Environmentalist Lobby

    04/04/2014 8:21:01 AM PDT · by rktman · 13 replies ^ | 4/3/2014 | IBD Editorial
    Litigation: After thwarting a $9.5 billion judgment from an Ecuadorean court, Chevron is going after the entire edifice of environmentalist enablers who make such junk lawsuits possible. Couldn't happen to a nicer bunch. To the surprise of many, the oil giant is suing the tony, white-shoe law firm of Patton Boggs for alleged unethical involvement in an all-out legal attack by environmentalists over rainforest pollution in Ecuador. Chevron accuses the oh-so-respected firm of lying, concealing inconvenient facts, running a public smear campaign and miscellaneous other flim-flammery, all for the sake of the dollar signs spinning in their eyes.
  • Chevron Takes Battle To Radical Environmentalist Lobby

    04/03/2014 4:27:06 PM PDT · by jazusamo · 15 replies ^ | April 3, 2014 | IBD Editorial
    Litigation: After thwarting a $9.5 billion judgment from an Ecuadorean court, Chevron is going after the entire edifice of environmentalist enablers who make such junk lawsuits possible. Couldn't happen to a nicer bunch. To the surprise of many, the oil giant is suing the tony, white-shoe law firm of Patton Boggs for alleged unethical involvement in an all-out legal attack by environmentalists over rainforest pollution in Ecuador. Chevron accuses the oh-so-respected firm of lying, concealing inconvenient facts, running a public smear campaign and miscellaneous other flim-flammery, all for the sake of the dollar signs spinning in their eyes. This poses...
  • Yushchenko, hero of Ukraine’s Orange Revolution warns Europe that Putin won’t stop at Crimea

    03/28/2014 6:34:25 AM PDT · by afraidfortherepublic · 17 replies
    McClatchy DC ^ | 3-27-14 | Mathew Schofield
    KIEV, Ukraine — To Viktor Yushchenko, the man at the heart of Ukraine’s Orange Revolution a decade ago, March 2014 looks a lot like August 1939. Europe, once again, is at war. But Europe is also, once again, refusing to realize it and react. Yushchenko, the former Ukrainian president who has spent much of his political life at odds with Russian President Vladimir Putin, and incurred his wrath, says there should not be any doubt about what is going on: Putin’s Russia has been waging economic and information war on his country for years. It has now added a territorial...
  • The Washington Post Responds To Me, and I Reply to the Post

    03/22/2014 9:03:43 PM PDT · by Nachum · 27 replies
    PowerLine ^ | 3/22/14 | John Hinderaker
    On Thursday, the Washington Post published an article by Steven Mufson and Juliet Eilperin titled “The biggest lease holder in Canada’s oil sands isn’t Exxon Mobil or Chevron. It’s the Koch brothers.” The article’s first paragraph included this claim: The biggest lease holder in the northern Alberta oil sands is a subsidiary of Koch Industries, the privately-owned cornerstone of the fortune of conservative Koch brothers Charles and David. The theme of the article was that the Keystone Pipeline is all about the Koch brothers; or, at least, that this is a plausible claim. The Post authors relied on a report...
  • Cruz: Harry Reid thinks Koch brothers are the Grinch who stole Christmas

    03/14/2014 8:05:11 AM PDT · by Laissez-faire capitalist · 21 replies
    BizPac Review ^ | 3/14/2014 | Tom Tillison
    As the U.S. Senate took up a bill to provide financial aid to Ukraine, U.S. Senator Ted Cruz, R-Texas, rose to object to an IMF bailout Majority Leader Harry Reid attached to the legislation. In the process he blasted Reid for repeatedly demonizing the billionaire Koch brothers - Reid tried to blame the Koch brothers for halting progress on the Ukraine bill. "I'm beginning to think [the Koch brothers] are a character almost out of Dr. Seuss in the majority leader's mind, they are the grinch who stole Christmas in his telling," Cruz said. Cruz accused Reid of "using his...
  • Chevron vs Big Green: Capitalism Finally Grows a Pair

    03/07/2014 11:09:07 AM PST · by CedarDave · 15 replies
    Breitbart-London ^ | March 6, 2014 | James Delingpole
    This week the environmental movement suffered its biggest defeat since Climategate. And at the hands of its most hated enemy: Big Oil. ... the court ruling by a US federal judge that Chevron should not have to pay $9.5 billion in damages to victims of oil pollution in Ecuador is a victory for common sense and justice which we should all be celebrating. The reason this case is so important is because it very nearly didn't happen. Though environmental activists like Michael Mann, James Hansen and Al Gore often like to claim that their enemies are in the pay of...
  • The U.S. has Installed a Neo-Nazi Government in Ukraine

    03/03/2014 12:28:18 PM PST · by xzins · 195 replies
    IsraPundit ^ | March 02, 2014 | Prof Michel Chossudovsky, Global Research,
    According to the New York Times, “The United States and the European Union have embraced the revolution here as anotherflowering of democracy, a blow to authoritarianism and kleptocracy in the former Soviet space.” ( After Initial Triumph, Ukraine’s Leaders Face Battle for Credibility,, March 1, 2014, emphasis added)“Flowering Democracy, Revolution”?  The grim realities are otherwise. What is a stake is a US-EU-NATO sponsored coup d’Etat in blatant violation of international law.The forbidden truth is that the West has engineered –through a carefully staged covert operation– the formation of a proxy regime integrated by Neo-Nazis. Confirmed by Assistant Secretary of State...
  • Russia Gives Ukrainian Forces In Crimea Ultimatum To Surrender - Interfax

    03/03/2014 8:06:14 AM PST · by Fennie · 184 replies
    Reuters ^ | March 3, 2014
    Russia's Black Sea Fleet has told Ukrainian forces in Crimea to surrender by (0300 GMT) on Tuesday or face a military assault, Interfax news agency quoted a source in the Ukrainian Defence Ministry as saying. The ultimatum, Interfax said, was issued by Alexander Vitko, the fleet's commander.
  • "Big Oil" Production Decline 'Big oil' getting smaller as production keeps falling

    02/15/2014 7:08:12 PM PST · by ckilmer · 32 replies
    platts ^ | February 14, 2014 | Richard Swann in London
        'Big oil' getting smaller as production keeps falling  February 14, 2014 - Richard Swann in London  * Top seven western majors all seeing liquids output fall * Supermajors' share of global market dropping every year * BP reports fastest decline of 30% from 2009-13 * Production becoming more evenly split between oil and gas The biggest western oil companies are continuing to see their oil output decline, despite record investment in recent years spurred by sustained crude prices in excess of $100/barrel, according to data released by the companies. Furthermore, with total world oil output continuing to rise every year,...
  • 1 missing, 1 hurt in natural gas well explosion in Greene County

    02/12/2014 8:21:44 AM PST · by cork · 6 replies
    Trib Total Media ^ | 2/11/14 | By Jason Cato, Tom Fontaine and Timothy Puko
    By Jason Cato, Tom Fontaine and Timothy Puko Published: Tuesday, Feb. 11, 2014, 9:09 a.m. Updated 4 hours ago DUNKARD — The thunder of a natural gas well explosion on Tuesday morning in rural Greene County shook Charlie Grim awake, yanked John Kuis away from the television and rattled Michelle Hurley's home as she dressed for work. “It sounded like a jet engine was parked in my driveway,” said Kuis, 57, who scrambled outside to see fire and smoke rising above the tree line near his Dilliner home, about 70 miles south of Pittsburgh. The fire at the Chevron Corp....
  • Chevron Vindicated As Evidence Points To 'Green Fraud' By Environmentalists

    11/02/2013 9:12:41 AM PDT · by rktman · 27 replies
    Investors Business Daily ^ | 11/1/2013 | IBD editorial
    Big Oil: So what happened to the $19 billion judgment against Chevron over rainforest pollution in Ecuador? Seems the leftist lawyer behind it all now finds himself in the dock on a RICO rap for a massive fraud. This has been going on for years, the oft-repeated meme that Chevron, through its Texaco acquisition, polluted the rainforest floor and poisoned its helpless villagers. Activist Bianca Jagger is emblematic of this disregard for fact. In the Huffington Post, she wrote that while she's no apologist for Chevron's accusers, the bottom line is: "Ecuadorian communities were the victims of exploitation by a...
  • Chevron to Eastern Europe: We can help you with that fracking Russian-dependence problem

    07/26/2013 7:51:59 AM PDT · by SeekAndFind · 4 replies
    Hotair ^ | 07/26/2013 | Erika Johnsen
    Despite their misbegotten and expensive quest to forcibly restructure their energy sectors with subsidies and special treatment for what they’ve decided are so-called green energies (and they’ve got the higher electricity prices to prove it), plenty of European countries — including Germany and France, the eurozone’s two largest economies — have roundly and robustly refused to encourage energy companies to institute the practice of drilling for oil-and-gas supplies via hydraulic fracturing. Now, of course, that the evidence is mounting that both natural gas and fracking are even cleaner and safer than everyone first thought, Europe is years behind the United...
  • How Chevron turned the tables in Ecuador

    06/30/2013 6:46:16 AM PDT · by LibWhacker · 13 replies
    FuelFix ^ | 6/29/13
    <p>San Francisco — Faced with a $19 billion fine for polluting Ecuador’s rainforest, Chevron Corp. has done a remarkable job of turning the tables on its foes.</p> <p>The lawyers who sued Chevron in Ecuador, winning that eye-popping judgment, have come under non-stop attack from the oil company. Chevron has hauled them into court in New York, accusing them of fraud and extortion. The company has gone after Ecuador’s judicial system as well, claiming judges there conspired with the other side.</p>
  • Activist Shareholders Gun For Chevron

    05/28/2013 11:37:19 AM PDT · by KMR · 8 replies
    Forbes ^ | May 26, 2013 | Kenneth Rapoza
    Progressive shareholders and environmental groups to call for the firing of Chevron CEO John Watson at tomorrow's annual shareholder meeting. Here's why.
  • California’s Largest Corporation is Headed for the Exit (Golden State Death Watch™}

    12/25/2012 2:02:32 PM PST · by Kolath · 161 replies
    Front Page ^ | 12/25/2012 | Daniel Greenfield
    Chevron is California’s largest corporation, but it seems to be making the move to becoming Texas’ largest corporation instead. That’s 800 jobs out the door which gives Chevron a larger presence in Texas than it still has in California.
  • Chevron claims seen as not worth trouble

    08/09/2012 12:54:43 PM PDT · by SmithL · 10 replies
    San Francisco Chronicle ^ | 8/9/12 | Carolyn Jones, Chronicle Staff Writer
    Two days after toxic black smoke from the Chevron refinery fire enveloped Richmond, a second phenomenon swept through the city: the rush for money. More than 1,000 residents claiming to have coughs, nausea, scratchy throats and psychological trauma visited a downtown law office Wednesday in hopes of receiving a payout for their suffering. Another 1,000 contacted Chevron directly. Chevron was so overwhelmed, it set up a storefront downtown to accommodate the claims and answer questions. But what claimants are likely to receive - at the most, a few thousand dollars each - is not enough to buy a long-term solution...
  • Fire shuts down major Chevron oil refinery in northern California

    08/07/2012 5:14:49 AM PDT · by John W · 14 replies ^ | August 7, 2012 | NBC News staff and wire reports
    Updated at 7:05 a.m. ET: A massive fire struck at the core of Chevron's large Richmond, Calif., refinery on Monday, spewing flames and a column of smoke into the air, and threatening a prolonged outage that may increase prices of U.S. gasoline. The fire was contained by 11 p.m. (2 a.m. ET), but not extinguished, according to the company. The fire has blazed for hours after it erupted at the refinery in a densely populated industrial suburb east of San Francisco. Smoke could be seen billowing over the Bay Area and four train stations were shut. Thousands of local residents...
  • Large fire burning at Chevron refinery in Richmond

    RICHMOND -- Crews are responding to a large fire at the Chevron refinery in Richmond. Flames and at least two large plumes of black smoke are visible from as far away as the Bay Bridge and a shelter in place warning has been issued.
  • Chevron: Nigeria Rig Continues To Burn; 2 Contractors Missing

    01/17/2012 4:29:02 PM PST · by Pan_Yan · 4 replies
    Wall Street Journal ^ | JANUARY 17, 2012, 5:15 P.M. ET. | Drew FitzGerald
    A rig drilling for Chevron Corp.'s (CVX) Nigerian subsidiary continued to burn Tuesday, while a search for two missing contractors continued. Initial indications suggest a surface equipment failure on the rig might have caused workers to lose control of the well, Chevron said, though its full investigation continues. The K.S. Endeavor rig, which was drilling an exploratory well for natural gas, is run by FODE Drilling Nigeria Ltd. ... Chevron has meanwhile contracted a Transocean Ltd. (RIG, RIGN.VX) rig to start drilling a relief well and has stopped production at its nearby North Apoi platform, which produces about 2,000 barrels...
  • Environmental Scientist Caught Agreeing To Ignore Her Own Data, Make Up New Claims

    12/13/2011 12:19:01 PM PST · by Mount Athos · 12 replies
    Wizbang Blog ^ | December 12, 2011 | Kevin
    Dr. Ann Maest is a managing scientist at Straus Consulting, and she’s the go to expert on all things groundwater. In the press release announcing her reappointment to the National Academy of Sciences, they mention that she is focused on the environmental effects of mining and petroleum extraction and production, and, more recently, on the effects of climate change on water quality. Maest is in high demand as an expert for those looking to stop oil and mineral exploration. She’s also heavily used by the federal government, even though after new details about her past work are coming to light...
  • Chevron hits new deepwater oil reserves!!

    09/06/2011 7:33:51 PM PDT · by SeekAndFind · 49 replies
    Hotair ^ | 09/06/2011 | Jazz Shaw
    What cost have we paid for the president’s permitorium on new lease auctions (only just ended this summer) and drilling permit approvals which are still well below the levels we need? Unlike many rhetorical questions, this is one which we will eventually learn the answer to. A piece of the puzzle fell into place this week when Chevron, finally getting back to work after long delays, announced the discovery of another, potentially significant US energy deposit in the gulf. SAN RAMON, Calif., Sept. 6, 2011 – Chevron Corporation (NYSE: CVX) today announced a new oil discovery at the Moccasin prospect...
  • Big Oil: Profits and Taxes

    05/25/2011 2:44:16 PM PDT · by TheConservativeCitizen · 7 replies
    The Constitution Club ^ | 05-23-11 | Pino
    Big Oil. We love, LOVE, to hate Big Oil. As we’re paying more and more at the pump, and as we continue to flounder in this post recession economy, it’s hard to look at the Big Oil companies , their profits and think anything other than greed. But is that fair? Let’s check. Recently, the big oil companies announced their profits for the first quarter of 2011. And they are impressive numbers to be sure: ■Exxon Mobile – $10.7 billion ■Chevron – $6.2 billion ■ConocoPhilips – $3.0 billion THAT is a lot of billions. A LOT! But is it really...
  • The Administration's Big Oil Lie

    05/13/2011 4:11:11 PM PDT · by Kaslin · 13 replies
    IBD Editorials ^ | May 13, 2011 | Staff
    Energy: As the House passes a bill to open up offshore drilling, the Senate holds another show trial of oil executives showing why people blame them, not the administration, for high gas prices. Last week they fought back. Summoned for what Sen. Orrin Hatch labeled a dog-and-pony show, executives of Exxon Mobil, Shell, ConocoPhillips, BP America and Chevron appeared before the Senate Finance Committee on Thursday and, in often-heated exchanges, indicated their days as whipping boys are over. The hearing was called ostensibly to support the Democrats' Close Big Oil Tax Loopholes Act, a bill with no chance of passage....
  • Oil Without Apologies

    04/16/2011 6:41:17 AM PDT · by reaganaut1 · 10 replies
    Wall Street Journal ^ | APRIL 16, 2011 | KIMBERLEY A. STRASSEL
    It's the day after President Obama delivered his most recent vision of America's energy future, and I'm sitting in the sunny corporate offices of Chevron, the country's second-largest oil company. Let's just say John Watson has a different view. The Chevron CEO is a rare breed these days: an unapologetic oil man. For decades—going back to Jimmy Carter—politicians have been peddling an America free of fossil fuels. Mr. Obama has taken that to an unprecedented level, closing off more acreage to drilling, pouring money into green energy, pushing new oil company taxes, instituting anticarbon regulations. America is going backward on...
  • NY judge extends order blocking Chevron judgment

    03/07/2011 9:21:48 PM PST · by SmithL · 1 replies
    AP via SFGate ^ | 3/7/11 | LARRY NEUMEISTER, Associated Press
    A federal judge on Monday extended his temporary order banning collection of an $18 billion judgment by the courts in Ecuador against Chevron, saying the oil company could face irreparable harm because it appeared that lawyers for Ecuadoreans who sued over rainforest contamination were going to try to quickly collect the award. U.S. District Judge Lewis Kaplan said evidence had established that lawyers for 30,000 Ecuadoreans planned to move swiftly to pursue multiple enforcement actions and asset seizures around the globe, including in areas where Chevron would not be immediately able to challenge the actions. He said that without his...
  • Chevron asks court to block $9.5B Ecuadorean award {and refuses to apologize}

    02/18/2011 3:15:52 PM PST · by SmithL · 4 replies · 1+ views
    AP via SFGate ^ | 2/18/11 | LARRY NEUMEISTER, Associated Press
    A Chevron Corp. lawyer said Friday that the company will not apologize for damage that an oil company it purchased is accused of causing to Ecuador's rainforest even though the refusal means a $9.5 billion judgment against it will nearly double within days. Attorney Randy Mastro instead attacked the judgment issued Monday by an Ecuadorean judge as the product of a corrupt judicial system and urged a U.S. judge to block lawyers for Ecuadoreans from trying to collect the money by getting other countries to seize Chevron assets and bank accounts. Mastro told U.S. District Judge Lewis A. Kaplan in...
  • Ecuador's Bogus $8 Billion Chevron Ruling

    02/16/2011 7:05:29 AM PST · by SeekAndFind · 3 replies
    The Law: An Ecuador court's finding of Chevron liable for $8.64 billion over jungle drilling is a bogus case showing how easy it is for lawyers to manipulate banana republic systems. Hailing the ruling as a strike for "environmental justice," plaintiffs known as the Amazon Defense Front and their lawyers successfully convinced a judge in Lago Agrio, an Ecuadorean jungle town locally known as a supplying station for Colombia's FARC terrorists, that mighty Chevron, whose Texaco subsidiary drilled the rain forest from 1964 to 1990, irreparably polluted the rain forest with its drilling operations. That entitled the activists to $8.64...
  • Ecuador vs. Chevron breaking news

    02/14/2011 8:05:25 PM PST · by Abakumov · 9 replies
    The Washington Times ^ | February 14, 2011 | Quin Hillyer
    A court in Ecuador today persisted in an attempt to shake down the California-based Chevron corporation despite orders from American and international tribunals that would block any seizure of Chevron's assets because of what multiple courts has said looks like “fraud” being perpetrated against the company.
  • Judge rules against Chevron in Ecuador lawsuit

    02/14/2011 12:32:51 PM PST · by SmithL · 8 replies
    San Francisco Chronicle ^ | 2/14/11 | David R. Baker, Chronicle Staff Writer
    An Ecuadoran judge has ruled against Chevron Corp. in a bitter, 18-year-old lawsuit over oil-field contamination in a corner of the Amazon rain forest. A Chevron spokesman confirmed today that the judge, ruling in the small town of Lago Agrio, had issued a final decision in the case but offered few other details.
  • EDITORIAL: An Ecuadorian racket--Chevron takes the offense in enviro case

    02/07/2011 7:32:09 PM PST · by jazusamo · 2 replies
    The Washington Times ^ | February 7, 2011 | Editorial
    Ecuador‘s case against California's Chevron Corp. has boomeranged against the plaintiffs’ lawyers. Today in Manhattan, federal District Judge Lewis A. Kaplan is considering a RICO (Racketeering Influenced and Corrupt Organizations) complaint Chevron filed Feb. 1 against attorneys and consultants targeting the oil giant. Nineteen U.S. judges made preliminary rulings in Chevron‘s favor and at least four used the word “fraud” to describe the plaintiffs’ legal actions, but the Justice Department has yet to investigate. RICO, best known for nailing Mafia bosses, also is used (sometimes abusively) to bring down alleged corporate scofflaws when a pattern of fraud or corruption is...
  • Angolan Christian Rebel Leader Assassinated (Chevron's outrageous "we love Angola" commercials)

    01/23/2011 7:04:42 PM PST · by FreeKeys · 5 replies
    NewsMax Archives ^ | Tuesday, Feb. 26, 2002 | Brad Phillips and Howard Phillips
    Dr. Jonas Mahleiro Savimbi, Angolan patriot, African nationalist, Christian leader and founder and president of UNITA was murdered by government forces in Moxico, Angola, [in 2002]. Despite the fact that Angolan oil output is the largest in all of sub-Saharan Africa, with the exception of Nigeria, its people are among the poorest in the world. Savimbi was the leader of the only organized opposition to the totalitarian rule in Luanda. He sacrificed his life for more than 40 years in pursuit of liberty and self-determination for his people. He had a following in Angola up until his death because he...
  • He is Back [Tiger Woods Growl]

    12/05/2010 8:39:21 AM PST · by Zuben Elgenubi · 28 replies
    Yahoo Sports ^ | December 5, 2010 | Martin Rogers
    THOUSAND OAKS, Calif. – Lee Westwood has spent the past month as the new No.1 golfer in the world, Jim Furyk was voted the PGA Tour’s Player of the Year, but Graeme McDowell has more claim than anyone to having had the most noteworthy season of all. He won the U.S. Open at Pebble Beach, the first European in 40 years to do so, and was a Ryder Cup hero. That trumps three victories and the FedEx Cup crown, no matter how many million comes with ti.
  • PEARCE: Jerry Brown, oil baron(CARB imposed monopoly?)

    10/14/2010 2:18:27 PM PDT · by Califreak · 18 replies
    The Washington Times ^ | 4/16/10 | Laer Pearce
    In a nutshell: After Jerry's father, Pat, left the governorship in 1967, he was introduced to the Indonesian generals who had just overthrown the country's post-colonial dictator, Sukarno, and set up a military junta. The former governor was able to cobble together a consortium of banks that lent $12 billion to the junta - "a lot of money in the late '60s," Mr. Walters said. The banks were interested in the immense Royal Dutch Shell petroleum holdings in Indonesia, which Sukarno had nationalized and the junta controlled. The grateful generals then set up two trading firms - one in Hong...
  • {Green Party} Richmond Mayor Gayle McLaughlin criticized for bankruptcy filing

    10/06/2010 7:49:18 AM PDT · by SmithL · 9 replies
    Contra Costa Times ^ | 10/6/10 | Katherine Tam and Lisa Vorderbrueggen
    Richmond Mayor Gayle McLaughlin filed for bankruptcy shortly before she was elected to the City Council and sought to avoid paying $119,000 in credit card bills and student loans, arguing in court documents that she suffered serious psychiatric disabilities and could not hold a full-time job. The Richmond police and firefighters' unions, who oppose the 58-year-old mayor's re-election bid, unveiled a mailer, 30-second television ad and website Tuesday that contained these potentially damaging personal details. The unions, among other labor groups, have vowed to oust the one-term mayor, largely due to her opposition to the proposed Indian casino at Point...
  • How Far Are Environmentalists Willing to Go?

    06/03/2010 11:07:35 AM PDT · by BobMcCartyWrites · 5 replies · 266+ views
    Bob McCarty Writes ^ | 6-3-10 | Bob McCarty
    How far are environmentalists willing to go to exploit the BP Deepwater Horizon disaster? I have proof that they're gushing outright lies about "Big Oil".
  • Mystery fuel leak seeps into Burrard Inlet

    06/01/2010 2:50:15 AM PDT · by Palter · 3 replies · 361+ views
    The Vancouver Sun ^ | 31 May 2010 | TODD COYNE and JONATHAN FOWLIE
    Oil, gas from Chevron refinery in Burnaby has been flowing for weeks METRO VANCOUVER -- Chevron Corporation has been trying for weeks to locate the source of a "historic" leak from its Burnaby oil and gas refinery -- a leak that has been seeping still-unknown amounts of oil, gas and diesel fuel into the Burrard Inlet since at least April 21. Ray Lord, a spokesman for the multinational oil and gas company, said he has no idea how long the seepage from the nearly 70-year-old plant has been happening, but that Chevron first alerted the authorities about the leak on...
  • Chevron Request for 'CRUDE' Footage Approved

    05/06/2010 1:58:22 PM PDT · by BobMcCartyWrites · 6 replies · 253+ views
    Bob McCarty Writes ^ | 5-6-10 | Bob McCarty
    Federal District Judge Lewis A. Kaplan granted Chevron's request and ordered the release of outtakes from Joseph Berlinger's anti-Chevron documentary, "CRUDE". The court decision could have a big impact on the $27 billion lawsuit entangling the oil giant in Ecuador.
  • Chevron Accuses Plaintiff of Lying in $27B Lawsuit

    05/05/2010 9:21:29 AM PDT · by BobMcCartyWrites · 204+ views
    Bob McCarty Writes ^ | 5-5-10 | Bob McCarty
    Chevron officials say the plaintiff in a huge lawsuit against the company is trying to distract attention from revelations that its lawyers submitted fabricated expert reports.
  • Court rules Richmond refinery plan is inadequate

    04/26/2010 8:57:45 PM PDT · by SmithL · 7 replies · 417+ views
    Contra Costa Times ^ | 4/26/10 | Katherine Tam
    The environmental analysis of Chevron's plan to retrofit its Richmond refinery, including the core question on whether pollution would increase, is inadequate under state law. The state Court of Appeal issued a highly anticipated 35-page ruling Monday afternoon that essentially keeps the refinery project at a standstill until holes in the environmental report are fixed. Chevron is disappointed in the ruling, said refinery representative Brent Tippen. "We feel both the evidence and the law amply supports the adequacy of the environmental impact report," Tippen said. "We are now reviewing the court's decision and will determine what is next to be...
  • How CBS smeared Chevron and other CVX news

    04/15/2010 3:05:37 PM PDT · by SmithL · 1 replies · 187+ views
    Halfway to Concord ^ | 4/15/10 | Bill Gram-Reefer
    The Columbia Journalism Review just published an article concerning how CBS smeared Chevron (NYSE: CVX) in its May 3, 2009 expose. This and news from the U.S. Jesuit Conference concerning San Ramon-CA based Chevron’s new policy document on human rights, crafted over the past five years in dialog with multiple “social justice” communities, paints a much different picture that frothing leftists and enviro-whackos in Richmond and worldwide generally paint about evil oil companies. 60 Minutes leads the segment by showing a polluted well that wasn’t Chevron’s responsibility to clean and which Chevron says is not polluted by petroleum at all,...
  • University of Illinois Alums Honor Ecuadoran Crook

    04/12/2010 6:44:23 PM PDT · by BobMcCartyWrites · 1 replies · 189+ views
    Bob McCarty Writes ^ | 4-12-10 | Bob McCarty
    I was not at all surprised to learn the University of Illinois at Urbana-Champaign alumni association honored Ecuadoran President Rafael Correa.
  • Contra Costa makes tentative deal with Chevron over $18 million property tax refund

    04/02/2010 7:44:48 AM PDT · by SmithL · 1 replies · 284+ views
    Contra Costa Times ^ | 4/2/10 | Rick Radin
    Contra Costa has reached a tentative agreement to spread over two years payment of an $18 million property tax refund it owes Chevron Corp., easing the blow to the county general fund and the budgets of cities and local agencies. The county and its agencies will make two payments. The first payment of $6 million will be due Aug. 1 and the second $12 million payment will be due a year later, said Supervisor John Gioia, who with county Administrator David Twa, negotiated the deal. The county counsel is reviewing the deal to make sure no complications arise. Cities will...
  • Rare Win For Big Oil

    03/31/2010 5:06:40 PM PDT · by Kaslin · 7 replies · 482+ views ^ | March 31, 2010 | INVESTORS BUSINESS DAILY Staff
    The Law: An international court stunned Ecuador by ordering it to pay $700 million to Chevron for failing to honor treaty obligations. It's a jolt for the banana republic, which has gamed justice for years: The bill is due. For Ecuador's President Rafael Correa, courts are a money tree from which to shake cash from "greedy" Western corporate investors. In the mother of all conflicts of interest, his government has cheered on a $27 billion lawsuit by jungle activists against Chevron in Ecuador's own courts, claiming Chevron polluted the country and anticipating a cut of the expected winnings. In that...
  • Chevron Wins Arbitration Claim Against Ecuador

    03/31/2010 10:11:41 AM PDT · by BobMcCartyWrites · 2 replies · 346+ views
    Bob McCarty Writes ^ | 3-31-10 | Bob McCarty
    An international arbitration tribunal has ruled in favor of Chevron in a claim against Ecuador related to past oil operations by its subsidiary, Texaco.
  • Chevron to cut 2,000 jobs

    03/09/2010 9:06:50 AM PST · by Signalman · 20 replies · 199+ views
    CNNMoney ^ | 3/9/2010 | Chavon Sutton
    NEW YORK ( -- Chevron Corp., the second largest U.S. oil company, announced on Tuesday that it would cut 2,000 jobs this year amid challenging market conditions. The company said the cuts come as a part of its plans to boost earnings by lowering costs, exiting unprofitable markets, and streamlining its business. "Market conditions are likely to be difficult for the next several years," said Mike Wirth, executive vice president of Chevron's Global Downstream division in a statement. Lloyd Avram, a Chevron (CVX, Fortune 500) spokesman, told CNN that the cuts will come from areas including refining and marketing, and...
  • Expert Says Bribery Video 'Authentic and Unaltered'

    03/02/2010 7:07:07 AM PST · by BobMcCartyWrites · 1 replies · 441+ views
    Bob McCarty Writes ^ | 3-2-10 | Bob McCarty
    An expert says videotapes Chevron officials provided to the government of Ecuador and the U.S. Department of Justice six months ago are authentic and unaltered.
  • Conflict of Interest in $27B Suit Against Chevron

    02/09/2010 5:09:36 PM PST · by BobMcCartyWrites · 1 replies · 208+ views
    Bob McCarty Writes ^ | 2-9-10 | Bob McCarty
    Chevron officials revealed new "dirt" on Richard Cabrera and asked an Ecuadoran court to immediately reject Cabrera's work related to a $27 billion lawsuit that's been dragging on for 16 years.
  • Report Bolsters Support for Chevron in Ecuador

    01/26/2010 11:14:05 AM PST · by BobMcCartyWrites · 1 replies · 266+ views
    Bob McCarty Writes ^ | 1-26-10 | Bob McCarty
    Some people wonder why I've shown so much interest -- almost 30 posts to date -- in the 16-year-old lawsuit Chevron Corporation has been battling in Ecuador. Aside from the fact that Chevron stands to lose as much as $27 billion if an Ecuadoran judge rules in favor of the plaintiff, part of my interest stems from the fact that a thick cloud of corruption surrounds Rafael Correa, a man who has been mentioned in a half-dozen posts (including the one you're reading). And so I bring more news about the president of the South American banana republic country that...