The US Court of Appeals for the Ninth Circuit reversed a federal judge’s dismissal of a climate change lawsuit against oil companies including ExxonMobil, BP and Chevron by the cities of San Francisco and Oakland, setting the stage for the case to be heard in a more favorable California state court. The two cities are seeking billions of dollars from the companies in a special “abatement fund,” alleging their practices knowingly led to problems the cities must now contend with, including rising seas and extreme weather. The case was dismissed by a district judge, who held that the courts lacked jurisdiction in the matter. The Ninth Circuit remanded the case back to the district judge, ordering him to give further consideration to whether his court has jurisdiction. If he again finds his court lacks jurisdiction, the case must go before state court. (Photo: World Population Review)
After oil prices went negative for the first time ever last month, they are now starting to rise again as lockdowns imposed by the COVID-19 pandemic are gradually lifted. US crude is now back to nearly $30 a barrel. But this is less than half what the price was a year ago, and a third what it was a dozen years ago. Iraq, OPEC’s second-largest producer, is at the forefront of the cartel’s effort to squeeze supply to consumer nations, as part of its recent deal to curb output. Baghdad just announced a 30% cut of exports to Asia. But it remains to be seen if such measures will jack up prices and ease the economic pain that has led to a remobilization of anti-regime protests, despite pandemic fears. (Photo via Iraqi News Agency)
As a part of the Republican tax overhaul bill, Congress voted to open Alaska's Arctic National Wildlife Refuge (ANWR) to oil and natural gas drilling, after more than four decades of contestation on the matter. Drilling is still years away at best, due to depressed oil prices, a lengthy review process, and likely legal challenges. But oil companies are already arguing over who will have rights to the reserve—while Native Alaskan communities that depend on its critical caribou habitat see impending cultural extermination. (Photo: FWS)
San Francisco filed a lawsuit against five fossil fuel companies due to expected expenses the city will incur from global warming. The companies named in the suit are BP, Chevron, ConocoPhillips, ExxonMobil and Royal Dutch Shell—chosen because they are "the largest investor-owned fossil fuel corporations in the world as measured by their historic production of fossil fuels."
President Donald Trump signed an executive order to lift restrictions placed on offshore oil drilling by the previous administration, opening vast areas to exploitation.
The US Supreme Court denied certiorari in an appeal by Mexican states attempting to sue BP over the 2010 Gulf of Mexico oil spill.
Indigenous leaders and activists interrupted an auction of oil and gas exploration blocs in Rio de Janeiro, seizing the stage to discuss climate change and indigenous rights.
The government of Georgia accuses Russian military forces of encroaching on its territory in the contested South Ossetia enclave, seizing a section of BP’s Baku-Supsa pipeline. (Map: Perry-Castañeda Library)
BP reached a settlement with the US Justice Department requiring the company to pay $18.7 billion in penalties and damages to settle all claims regarding the 2010 Gulf oil spill.
Obama's five-year plan for offshore drilling opens up the Southeast coast and grandfathers Arctic leases—but the industry is still griping because it would keep ANWR off limits.
Experts tell us the North American shale oil boom is responsible for low prices despite Middle East unrest. But the price slump serves Western aims of weakening Russia and Iran.
More than 100 Colombian farmers filed suit with the UK high court against a BP subsidiary over damage to their lands from the company's Ocensa oil pipeline.