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Top 2 chevron corporation News Today

#1
Big Oil gaffe sets California governor's race on fire: 'I need Chevron'
#1 out of 2100.00%
politics2h ago

Big Oil gaffe sets California governor's race on fire: 'I need Chevron'

https://www.rawstory.com/i-need-chevron-the-oil-company-at-the-center-of-the-california-governors-race/
Rawstory.com
  • Latest swirl centers on Xavier Becerra’s remark about Chevron and its political influence amid California’s governor race.
  • Donations from Chevron and other oil firms to Becerra’s campaign are highlighted as influencing the race landscape.
  • Steyer positions on refineries and gas prices frame the contrast in approaches to climate action and affordability.
  • Analysts warn California’s transition requires coordinated planning beyond ad hoc subsidies.
  • Newsom's administration pursued measures impacting fracking and refinery operations amid gas price concerns.
  • The piece notes California imports and refinery dynamics shaping the state’s energy security.
  • Industry warnings link regulation to potential refinery exit, prompting state contingency ideas.
  • Experts discuss the possibility of state ownership or centralized planning to manage the energy transition.
  • The debate frames climate action as affordable, reliable, and fair to voters.
  • Polls show a tight race between Becerra and rival Steve Hilton with Steyer trailing.
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#2
Colorado Gave $1.3 Billion Carve-out to Oil Companies While Thousands of Dirty Sites Await Cleanup
#2 out of 2100.00%
business1h ago

Colorado Gave $1.3 Billion Carve-out to Oil Companies While Thousands of Dirty Sites Await Cleanup

https://www.desmog.com/2026/06/02/colorado-financial-assurance-ecmc-1-billion-oil-companies-chevron-oxy-civitas-bonding-cleanup/
Desmog.com
  • The investigation finds Chevron, Oxy, and Civitas owe about $1.3 billion in bonding for cleanup, but have posted only $146 million.
  • ECMC’s handling allowed plugged wells to be removed from bonding calculations, reducing overall obligations.
  • The report notes widespread falsification of environmental data by contractors on behalf of the Big Three.
  • The initiative SB-181 aimed to up-front bond cleanup costs, but enforcement lagged as rules were phased in.
  • The analysis links thousands of open spills and dead wells to the Big Three’s legacy in Colorado’s Weld County.
  • Advocates claim the public bears risk as cleanup drags on and bonds remain inadequate.
  • Colorado regulators defend the framework as strong but acknowledge slow implementation.
  • The story emphasizes Weld County as a focal point for pollution and remediation challenges.
  • The Guardian and DeSmog corroborate state data showing ongoing spills and delayed reclamation.
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