Browsing the "Chevron" Tag

Big Oil: Tens of Billions in Cash Reserves but Opposing Fair Tax System

October 4th, 2011 | by Guest Contributor

On September 19 President Barack Obama announced his plan to reduce the deficit by $4 trillion over the next 12 years, including raising $1.5 trillion by closing special interest loopholes and other revenue raisers. This includes eliminating $41 billion in tax loopholes for the oil and gas industry (p. 63) over the next decade


Court rules against Chevron in $18 billion Amazon pollution case

September 21st, 2011 | by Jeremy Bloom

Well, it was worth a try. After losing an 18-year long legal battle over the horrific pollution oil operations left in the Amazon rainforest of Ecuador, Chevron convinced a friendly New York judge to rule that it didn’t have to pay. But yesterday the Federal Appeals Court overturned that decision. So Chevron is back on the hook for upwards of $18 billion in damages


Videos of 7 Activists Who Got Jailed This Week for Hanging “Chevron Guilty: Clean Up Amazon” Banner from Bridge

May 28th, 2011 | by Zachary Shahan

7 activists from the Rainforest Action Network (RAN) got jailed earlier this week for standing with 30,000 Ecuadoreans who were affected by Chevron's toxic legacy. These activists, as you can see in the videos below, climbed and dropped a banner from the Richmond-San Rafael Bridge near Chevron's Richmond refinery with the statement “Chevron Guilty: Clean Up Amazon” on it


Oil Companies & U.S. Chamber of Commerce — One & the Same?

May 6th, 2011 | by Zachary Shahan

Continuing on with our series on 350.org's The U.S. Chamber of Commerce Doesn't Speak for Me campaign, let's take a quick look at some ties between the Chamber and the oil industry. As you may have heard, and 350.org recently noted, large oil companies are having a ball, raking in billions and billions of dollars in profit (that's right, not revenue but profit) while the U.S. economy suffers: "Exxon Mobil nabbed $10.7bn; Shell pulled in $6.9bn; Chevron, $4.5bn; and last but not least, BP, after accounting for oil spill losses still made out with $7.1bn."



Back to Top ↑