RICHMOND — A tax ballot measure that could have forced Chevron to pay tens of millions more annually to Richmond’s general fund has been shelved as part of a $550 million settlement agreement, a decision met with disappointment from measure proponents and support from city and Chevron employees. “The community of Richmond has created a … Read more
RICHMOND — A tax measure targeting the Chevron Refinery in Richmond could be pulled from the November ballot in exchange for a $550 million payment made over 10 years, saving the city years of likely expensive litigation. A special City Council meeting was scheduled for Wednesday, the deadline for removing the tax measure from the … Read more
Dozens of Bay Area protesters blocked the entrance to Chevron’s headquarters in San Ramon ahead of the company’s annual meeting Wednesday morning to draw attention to the company’s involvement in Israel’s military offensive in Gaza. As shareholders and company officials gathered to discuss financial results for the oil and gas giant, chants from the crowd … Read more
NEW DELHI: The operators of Israel‘s Tamar natural gas field have announced plans to expand production at the offshore site. Chevron, the field operator, stated that the move will increase Tamar’s production capacity to up to 1.6 billion cubic feet per day, up from the current 1 billion cubic feet.This “reflects Chevron’s ongoing commitment to … Read more
After years of litigation, two major Bay Area refineries have agreed to drop their lawsuits against the regional air quality management district and come into compliance with one of the most stringent air quality standards in the country. The Bay Area Air Quality Management District announced Tuesday that it had come to two separate agreements … Read more
San Francisco restaurant Foreign Cinema agreed to pay over $220,000 in restitution to workers, along with fines, for failing to meet the city’s expenditure requirement on health care. Blair Heagerty / SFGATE Popular San Francisco restaurant Foreign Cinema has agreed to pay over $220,000 in restitution to workers, along with fines, over allegations that it failed to … Read more
By Matt Egan | CNN As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that. Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on track to … Read more
By Kevin Crowley and Chunzi Xu | Bloomberg Chevron Corp. is slashing oil-refinery investments in California because of “adversarial” policies toward fossil fuels, a move that may boost what already are the highest pump prices in the nation. The oil giant headquartered in the San Francisco Bay area has cut spending in the Golden State … Read more
RICHMOND – A large plume of black smoke was visible for miles in the Bay Area on Monday afternoon after flaring was reported at the Chevron refinery in Richmond. The flaring activity, which happened over a period of roughly five hours, was triggered by a loss of power to a portion of the facility, Chevron … Read more
Leading oil and gas corporations, including Aramco, ExxonMobil, and Shell, could have covered their portion of climate change damage costs and still amassed trillions in profits, according to researchers. The findings precede the UN’s COP28 climate negotiations in Dubai, where developing nations, bearing minimal responsibility for carbon emissions, aim to press governments and companies for … Read more