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Hosted on MSN2mon
California takes on oil companies again with law that could cap profits in state
The legislation Newsom planned to sign Tuesday extends a winning streak for the governor against oil companies, long one of most formidable lobbying powers in California’s state capital.
Opinion
2hon MSNOpinion
Editorial: Cleaning up California’s oilfields may cost $21.5 billion. Taxpayers shouldn’t get the bill
State regulators still have time to adopt measures to make the fossil fuel companies pay more toward remediation of the mess ...
KQED2mon
California Lawmakers Approve First-in-Nation Penalty on Oil Companies for Gas Price Gouging
“When you take on Big Oil, they usually roll you ... Instead, Newsom and lawmakers agreed to let the California Energy Commission decide whether to penalize oil companies for price gouging. But the ...
Courthouse News Service
10d
California’s top court takes up Monterey measure to halt new oil drilling
The backers of Measure Z continued to fight for the restrictions on new drilling after Monterey County settled with the oil ...
11d
New setback for efforts to protect Californians living near oil wells
Advocates want to hold oil companies liable for health and climate impacts. Companies count on support from legislators, ...
5don MSN
The Compost: Big oil just scored a big win in the California legislature
This week's newsletter also includes news on the climate and debt ceiling talks, mountain lion kittens and spotting ...
Fortune17d
California legislators, with no explanation, block a bill that would have let people sue oil companies if they got sick from a nearby oil well
A California law banning new oil wells near homes and schools, passed last year, has yet to take effect after the oil industry helped ... and another that would have made oil companies liable for the ...
KEYT17d
California lawmakers block bill making oil companies liable for some health problems
(AP) — California lawmakers blocked two big environmental bills Thursday: One that would have ramped up the state’s emissions targets, and another that would have made oil companies liable for ...
3h
CEOs of energy companies saw massive payday amid COVID recovery
Stock-based pay granted to CEOs at 20 U.S. oil and gas companies in 2020 more than doubled by 2023 when shares vested.
3h
Saudi Arabia’s ‘Whatever It Takes’ Strategy Boosts Oil Prices
Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut ...
4h
Big oil, health care, and Texas are the big winners on this year’s Fortune 500
Oil company ExxonMobil surpassed Apple to hit No. 3 on this year's ranking of the largest U.S. companies by revenue.
MercoPress1d
Argentina takes action against foreign oil companies operating on South Atlantic continental shelf
Filmus added that these three companies will be added to the other eight oil companies that were sanctioned for the same issue between 2011 and 2015.

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