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CARACAS, Venezuela (AFP) – Venezuelan President Nicolas Maduro on Wednesday said the easing of an oil embargo on his country by the United States was not enough, and called for the total lifting of sanctions. The United States over the weekend granted energy giant Chevron a license to resume some oil operations in Venezuela — a step in the “right direction,” Maduro told a press conference. But the move was “not enough for what Venezuela demands, […]
WASHINGTON, D.C., United States (AFP) – US climate scientists accused four of the world’s largest oil companies Tuesday of lying about the harms linked to their industry and trying to delay the switch to cleaner fuel. American multinationals ExxonMobil and Chevron, as well as Britain’s BP and Shell, are being investigated by the US Congress for their role in spreading misinformation about climate change. Michael Mann, an academic, told the House oversight committee the companies […]
PARIS, France (AFP) – Only 14 companies are making top-grade efforts on the climate, the organisation that scores environmental efforts by companies for investors said Tuesday. The NGO Carbon Disclosure Project (CDP) said only 14 out of nearly 12,000 firms that it scores received A marks in all the three areas of climate change, forests and water security in 2021. Among those were consumer goods firm Unilever, food group Danone, cosmetics maker L’Oreal and tobacco […]
by Julien MIVIELLE Agence France-Presse PARIS, France (AFP) — Already under pressure due to climate change, the world’s top listed oil firms suffered historic losses in 2020 as the Covid-19 pandemic sent demand and prices tumbling. The oil majors — BP, Chevron, ExxonMobil, Shell and Total — suffered $77 billion in losses for the year. Shell CEO Ben van Beurden called 2020 an extraordinary year. Total’s Patrick Pouyanne said: “All of us will remember 2020 […]
by Ben PERRY Agence France-Presse LONDON, United Kingdom (AFP) — Royal Dutch Shell on Thursday became the latest oil major to reveal huge annual losses as the coronavirus pandemic slashed energy demand and prices in 2020. Shell dived into a net loss of $21.7 billion (18.1 billion euros) last year as factories shut and planes were grounded. The Anglo-Dutch group’s loss compared with a net profit of $15.8 billion in 2019, the company said in […]
QUITO, Ecuador (AFP)–Ecuador’s highest court upheld in a ruling released Tuesday a $9.5 billion damages award against oil giant Chevron over decades of pollution that harmed indigenous people. But the decision by the Constitutional Court is largely symbolic because Chevron now owns no assets in Ecuador, meaning the country will have to keep pressing its case in foreign courts. In a ruling dated June 27 and released Tuesday, the court said “there is no violation […]
(REUTERS) Four people died and two were missing after a helicopter crashed en route to a Chevron oil platform off the Angolan coast, the U.S. oil company said on Tuesday. The helicopter left Malongo port in Angola’s Cabinda province on Monday at 1523 local time to make the short journey to the Tombua-Landana offshore oil platform but never arrived. “The helicopter did not reach its intended destination. It was carrying five passengers and one pilot,” […]
WARRI, Nigeria (AFP) – Hundreds of protestors stormed a Nigerian facility owned by Chevron on Wednesday demanding better jobs and forcing staff to be airlifted out, community leaders said. Protestors from Ugborodo village, which is close to Chevron’s Escravos terminal, want the company to relocate more of its Nigerian offices to the southern Delta state to secure work for people living in the oil-producing swamplands. “Our people are casual workers in their own land,” Collins […]
MANILA, May 20 (PNA) — Chevron Philippines and Total Corporation have implemented adjustments in oil prices effective 6 a.m. Tuesday. In separate advisories, the oil firms increased gasoline prices by 60 centavos per liter. Chevron also cut 35 centavos per liter on prices of diesel and kerosene. On the other hand, Total slashed diesel prices by 35 centavos per liter and announced no movement in prices of kerosene. (Philippine News Agency)
