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BIZARRE: 29 | Mind Blowing Facts

State attorneys general appeal challenge to labor department’s ESG rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

Oil and gas companies spill millions of gallons of wastewater in Texas

An exclusive Inside Climate News analysis found that companies have spilled nearly 150 million gallons of toxic, highly saline wastewater in Texas over the last decade.

The Texas Tribune

Chevron workers endorse pay deal and claim victory

Chevron workers in Western Australia have voted to endorse a series of proposed enterprise agreements after months of negotiations and industrial action.

AAP

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‘Get the right cases to the supreme court’: inside Charles Koch’s network

Billionaire’s web of rightwing groups works to bring cases to court that could undermine core functionings of the US government

The Guardian - US

Ignore Wall Street and Buy Chevron Stock on Guyana Growth Prospects

Chevron is buying Hess because of its crown jewel assets in the oil-producing powerhouse of Guyana, which could fuel longer-term growth in CVX for years to come.

Barchart

On 2023’s 100 Fastest-Growing Companies list, Tesla makes its debut and energy companies take off

Tesla was one of several industrial companies in the top five, while Pfizer and energy giants Chevron and ExxonMobil also put up big numbers.

Fortune

Merger with Chevron won't mean the end of the Hess toy truck

Chevron deal won’t put an end to the holiday tradition.

Fortune

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3 Small-Cap Energy Stocks Analysts Expect to Rally

With Chevron's acquisition sending waves through the energy sector - and tensions in the Middle East still running high - here are three standout small-cap oil stocks to consider buying at current levels.

Barchart

Markets Today: Global Stocks Slide as Bond Yields Climb

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.29% at a 4-3/4 month low, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.30% at 4-1/2 month low. Stock index futures this morning are following other global equity markets lower after the 10-year T-note yield...

Barchart

Chevron boss says his company has changed the quality of life on Earth for the better

Mike Wirth, an industry veteran, even described Chevron as “grounded in integrity and a deep belief in doing the right thing” before brushing off Big Oil critics and making a “real-world” case for fossil fuels.

Fortune

Chevron buys Hess for $53 billion, 2nd buyout among major producers this month

Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors

The Independent UK

The video game icon that lived up to expectations

“I grew up in the PlayStation era – even to this day I play Gran Turismo. The Nissan Skyline was always my dream car, and it’s the favourite of those that I’ve driven.”

Motorsport

Friday favourite: The video game icon that lived up to expectations

“I grew up in the PlayStation era – even to this day I play Gran Turismo. The Nissan Skyline was always my dream car, and it’s the favourite of those that I’ve driven.”

Autosport

Chevron meets ESG

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

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AAP

Chevron workers endorse agreements, strike averted

Chevron workers in West Australian gas plants have approved a series of draft enterprise agreements rather than go ahead with a planned strike.

The Guardian - AU

Australia’s resources minister sees a gas-fired future just as international experts chart the fossil fuel’s decline

Madeleine King concedes the fossil fuel’s emissions are ‘significant’. To be exact, they account for a whopping 21% of Australia’s total

The Conversation

Exxon, Apple and other corporate giants will have to disclose all their emissions under California's new climate laws – that will have a global impact

Many of the world’s largest public and private companies will soon be required to track and report almost all of their greenhouse gas emissions if they do business in California – including emissions from their supply chains, business travel, employees’ commutes and the way customers use their products.

The Guardian - UK

First Thing: Hamas prepares for long war as Israel says there is ‘nowhere to hide’

Israeli military says air force carrying out strikes on Gaza every four hours. Plus Minnesota man’s 2,749lb pumpkin sets world record

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Fortune

Survivors say TotalEnergies left them to face a 2021 terror attack alone

French oil and gas giant TotalEnergies faces a criminal complaint from survivors of an attack in 2021 in Mozambique that killed several contractors.

The Guardian - AU

Mark McGowan phone call allegation puts fossil fuel influence in WA under spotlight

Former premier’s behaviour, if true, is ‘certainly improper’ and ‘ethically questionable’ and shows power of oil and gas interests, Carmen Lawrence says

AAP

Chevron workers threaten more strikes amid pay dispute

Hundreds of Chevron workers could walk off the job after talks to finalise labour agreements at two WA gas plants failed.

Capital & Main

New Mexico’s Experiment With Recapturing Natural Gas Raises Questions

Meanwhile, banks help fossil fuel giants raise more than $1 trillion via “hidden” financial support.

AAP

Engineers, scientists to squeeze more out of oil, gas

A long-time engineering and construction contractor to oil and gas giants says it has a chance to play both sides of the energy and resources transition.

Reason

Upcoming Speaking Engagements

Fall 2023 lectures and panels on various subjects, but mostly climate change policy.

WEKU

Biden calls for up to 3 offshore oil leases in Gulf of Mexico, upsetting both sides

The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.

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