Oil Companies
Proving ‘A Different World Is Possible,’ Exxon Dropped From Dow Jones After 92-Year Run
“Big Oil has fallen. Our job is to make sure they don’t take us down with them.” By Julia Conley Climate campaigners on Tuesday marked a major milestone in the fight to eliminate the use of fossil fuels and transition…
Experts Say $17.5 Billion Writedown by BP Prove Oil Giant Knows ‘Reserves of Oil and Gas Increasingly Worthless’
Experts Say $17.5 Billion Writedown by BP Prove Oil Giant Knows ‘Reserves of Oil and Gas Increasingly Worthless’ By Eoin Higgins, staff writer – Common Dreams Fossil fuel giant BP announced Monday it will write down nearly $18 billion in…
Ecuador to pay $1 billion dollars in compensation to US oil company
Ecuador was today notified by the Annulment Committee of the International Centre for Settlement of Investment Disputes (ICSID) of the final decision regarding the request for annulment of an award decided in October 2012 in a case brought by a…
Oil companies suspected of fixing prices but still asking for state help. The System is showing its cracks.
The European commission is investigating BP and Shell for alleged oil price manipulation in spite of a British regulator giving the petrol market a clean bill of health only four months ago. According to The Guardian ‘BP, Shell and the…
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