“Big Oil is finally admitting what we’ve been saying for the last ten years: their reserves of oil and gas are increasingly worthless because there’s no way to safely, or profitably, produce them.” Fossil fuel giant BP announced Monday it will write down nearly $18 billion in existing assets, a move that climate advocates say [
Energy producer Royal Dutch Shell says it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic
LONDON (AP) — Energy producer Royal Dutch Shell warned Tuesday it will slash the value of its assets by $22 billion to account for lower oil and gas prices amid the COVID-19 pandemic.
Rachel Morello-Frosch, Joan A. Casey, Kathy Tran, Lara Cushing
Chesapeake was a pioneer of the shale boom that turned the U.S. into a major energy power.
The US Has Already Lost More Than 100,000 Oil And Gas Jobs
BILLINGS, Mont. — The Trump administration has awarded energy companies hundreds of breaks on payments for oil and gas extraction from US lands and the Gulf of Mexico during the coronavirus pandemic, according to a government database and federal officials. The temporary breaks on royalty and rental payments are intended to help companies with workforce
Coronavirus lockdown was final straw for fracking pioneer Chesapeake Energy
Chesapeake Energy, a global energy powerhouse known in North Texas for its pioneer drilling in the Barnett Shale, has filed for bankruptcy protection.
An audacious messaging campaign accused white environmentalists of hurting black communities by pushing radical climate policies. It accidentally left a trail leading to Chevron.
Living near active oil and gas wells in California tied to low birth weight and smaller babies A pump jack in the town of Signal Hill, California, which sits within the Long Beach Oil Field near the Port of Long Beach. Frederick J. Brown/AFP via Getty Images Rachel Morello-Frosch, University of California, Berkeley; Joan A. [
In the last year, some big banks have committed to protecting the Arctic National Wildlife Refuge in Alaska through withholding their investments from the Arctic as a whole. Seems like Alaska’s elected officials are pretty pissed about it. In fact, they’ve formally made a whole stink about the new environmental