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California considers letting victims of natural disasters sue oil companies for damages
California is considering a bill that would allow insurers and victims of climate-driven natural disasters to sue the oil industry for damages. State Sen.
California lawmakers want oil companies to be liable for natural disasters
Two Democratic California state senators on Monday will announce a proposal allowing the victims of natural disasters and insurance companies to sue the oil industry for damages based on their impact on the environment.
California Bill Would Allow Wildfire Victims to Sue Oil Companies ‘Responsible’ for Climate Change
Opponents say the bill’s authors are scapegoating the fossil fuel industry for ‘complicated’ weather-related disasters caused by a variety of factors.
California eyes making oil, gas companies liable for wildfire damages
The proposal by 2 Democratic lawmakers claims the oil industry intentionally deceived the public about the risks of fossil fuels on climate change that now have intensified storms and wildfires and caused billions of dollars in damage in California.
This California bill would let victims, insurance companies sue Big Oil for disaster damages
A bill that would allow victims and insurance companies to seek damages in court from fossil fuel companies after weather disasters was introduced Monday in the state legislature by Sen. Scott Wiener,
7h
Tariffs Won’t Sink Canadian Oil Companies
The U.S. has become reliant on their crude, and Canada has ways to limit any financial hit.
3d
Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...
1d
Oil’s Earnings Slump Puts Pressure on Investor Payouts
The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with fourth-quarter profits ...
3d
on MSN
Why are US oil and gas companies hesitant to expand production in 2025?
Despite US President Donald Trump’s encouragement to increase drilling, US oil and gas companies are expected to prioritize ...
4d
on MSN
The Smartest Oil Stocks to Buy With $200 Right Now
For example, when oil prices are low and the upstream business is suffering, the downstream businesses will be benefiting ...
9h
Shell sees 2024 oil and gas reserve replacement ratio at 85%
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
3d
California’s Green Energy Initiatives Collide With Its Oil Companies
California aims to reduce carbon emissions by 45%, while its Low Carbon Fuel Standard requires oil refiners to cut their ...
3d
Big Oil in no rush to 'drill baby drill' this year despite Trump agenda
Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating ...
47m
on MSN
Canada's ReconAfrica finds oil traces in onshore Naingopo well
Canada's Reconnaissance Energy Africa (ReconAfrica) has found indications of oil at its Naingopo onshore exploration well and will look to accelerate drilling in the region, its chief executive said ...
1d
Insurance companies are financing oil and gas—even as climate change is pummeling their bottom line
Insurers have long been aware of the risk of climate change, and yet in the U.S. they've done little to help mitigate the ...
6d
Texas updates rules for oil field waste for the first time in 40 years
It took 2 years, but the Texas Railroad Commission has updated regulations for the disposal of brine, drilling mud and other ...
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