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EXPLAINED: 39 - The Real Truth

Global fossil fuel subsidies almost doubled in 2021, analysis finds

Support amid huge industry profits is a ‘roadblock’ to tackling climate crisis, says International Energy Agency

The Guardian - UK

Restoring Chevron operations in Venezuela depends on U.S. -minister

Progress in relaunching oil major Chevron Corp's operations in Venezuela under U.S. sanctions on the country depends on licenses from Washington, Venezuelan oil minister Tareck El Aissami said on Tuesday.

Reuters

Michael Hiltzik: How the decline of local news exposes the public to lies and corruption

Gannett Co., the largest newspaper chain in the country, had some encouraging news for its news staff and readers in July.

Los Angeles Times

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Warren Buffett’s portfolio: Here are the stocks Berkshire Hathaway is buying or selling

Warren Buffett is arguably the world’s most famous investor, and his investment moves are closely followed. Each quarter, the company he runs, Berkshire Hathaway, discloses its current holdings to shareholders.

Tribune News Service

Noah Feldman: Did Congress really rebuff the Supreme Court on climate rule?

Liberals are understandably delighted that Congress has managed to repudiate the outcome of at least one major case the Supreme Court decided in June. Although it seems certain that no federal legislation will be passed to try to reinstate Roe v. Wade and abortion rights, the Democratic congressional majority has…

Tribune News Service

Opening 10 new oil and gas sites is a win for fossil fuel companies – but a staggering loss for the rest of Australia

Federal Resources Minister Madeleine King yesterday handed Australia’s fossil fuel industry two significant wins.

The Conversation

Federal government approves two new offshore greenhouse gas storage areas off WA and NT

The federal government issues permits for two new offshore greenhouse gas storage areas, off the coast of Western Australia and the Northern Territory.

ABC News

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What Are Whales Doing With Chevron

A whale with a lot of money to spend has taken a noticeably bullish stance on Chevron. Looking at options history for Chevron (NYSE:CVX) we detected 27 strange trades.

Benzinga

Chevron eyeing potential in Ubon field

Chevron Thailand Exploration and Production Co is conducting a joint study on ways to reduce costs during the development of the offshore Ubon petroleum field in the Gulf of Thailand, which has the potential to become a new oil source.

Bangkok Post

Chevron Whale Trades For August 19

A whale with a lot of money to spend has taken a noticeably bullish stance on Chevron. Looking at options history for Chevron (NYSE:CVX) we detected 19 strange trades.

Benzinga

What Are Whales Doing With Chevron

A whale with a lot of money to spend has taken a noticeably bearish stance on Chevron. Looking at options history for Chevron (NYSE:CVX) we detected 32 strange trades.

Benzinga

‘No time for inaction’: how a California refinery disaster created a generation of activists

Ten years ago, a fire in Richmond forced thousands to seek respiratory treatment. For young people, it was a transformative moment

The Guardian - US

Big oil is wringing humanity dry. We need a fossil fuel non-proliferation treaty

As the climate crisis escalates, oil companies are posting record profits. We must accelerate a fair energy transition

The Guardian - US

Corporations' profits soaring as inflation skyrockets and real wages fall, report reveals

There are fresh calls for Australia's biggest corporations to rein in record profits in order to provide low wage earners with some cost-of-living relief.

ABC News

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Benzinga

Check Out What Whales Are Doing With CVX

Someone with a lot of money to spend has taken a bearish stance on Chevron (NYSE:CVX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Guardian - UK

Oil firms seem more interested in shareholders than net zero

Analysis: Is the energy industry willing to invest in renewables rather than dividends and buybacks?

Benzinga

4 High Dividend Yield Energy Stocks To Consider During The Market Downturn

With the Federal Reserve raising interest rates and market conditions becoming more volatile, earning an average return or even beating the market is increasingly challenging.

Asharq Al-Awsat

Exxon, Chevron Post Record Revenues

The two largest US oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue in Q2 2022 on Friday. With crude surging above $100 a barrel shortly after the Russian invasion on Ukraine, and refining margins climbing due to tight plant capacity, ExxonMobil reported $17.9 billion in profits and…

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Benzinga

Chevron Whale Trades For July 29

The Guardian - US

Oil company profits boom as Americans reel from high fuel prices

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn

Evening Standard

Oil giants report record results amid petrol and energy price hikes

Exxon Mobil, Chevron and Shell all came out on top in second quarter financials

Bangkok Post

Oil giants report record profits

The two largest US oil companies, Exxon Mobil and Chevron Corp, reported record revenue and profits on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier.

Reason

West Virginia v. EPA: Getting to Actual Delegation

The Court should assimilate the “major questions” doctrine of West Virginia v. EPA and its precedents—including Chevron and what came even before that—to an approach that asks whether Congress has made an actual delegation. Only this will serve the relevant separation-of-powers principle.

Reason

West Virginia v. EPA: Questions About "Major Questions"

The major questions doctrine inverts the Chevron doctrine, is indeterminate, and, as a practical matter, will encourage courts to engage in something more akin to political punditry than law.

Reason

West Virginia v. EPA: What Would Have Been the Result Under the Chevron Doctrine?

The Court did not engage with the doctrine directly (as opposed to simply creating an exception to it). How, in fact, would the case have been decided under Chevron?

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