California sued major oil companies including Exxon Mobil Corp. and Shell Plc, saying they deceived the public for decades while creating or contributing to local climate catastrophes.
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California sues oil giants for downplaying risks posed by fossil fuelsThe lawsuit, which also targets BP and ConocoPhillips, alleges the energy giants' actions have caused tens of billions of dollars in damage and accuses them of deceiving the public, the report said, citing a filing in a superior court in San Francisco. The American Petroleum Institute, an industry trade group, has also been listed as a defendant in the case, the report said, adding that California has sought the creation of an abatement fund to pay for future damages caused by climate related disasters in the state.
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California sues oil giants for downplaying risks posed by fossil fuels(Reuters) - The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down ...
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California sues oil giants for downplaying risks posed by fossil fuels(Reuters) -The state of California has sued major oil companies including Exxon Mobil Corp, Shell PLC, and Chevron Corp, accusing them of playing down the ...
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U.S. benchmark oil price tops US$90 a barrel for first time since November 2022TORONTO — The U.S. benchmark price of oil has topped US$90 per barrel for the first time since late last year. The October futures contract for West Texas Intermediate (WTI) light sweet crude oil was up US$1.57 at US$90.09 in late-morning trading after going as high as US$90.26. The last time the U.S. benchmark oil price topped US$90 a barrel was in November of last year. Saudi Arabia and Russia agreed last week to extend their voluntary oil production cuts through the end of this year. The move
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NFL PICKS: Bounce back week for Steelers, Bills, Chiefs, Chargers, Bengals, Giants, Bears, PatsSteelers, Bills, Chiefs our best bets to redeem themselves after Week 1 losses
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