Playing to anti-war sentiment just in time for the election, the Trump administration announces a draw-down of thousands of troops from Iraq and Afghanistan. This comes as Chevron has quietly signed an agreement with Iraq for the development of the massive Nassiriya oil-field. Chevron has also announced a new initiative with Kazakhstan, with an eye toward oil exports through a trans-Afghan pipeline. We’ve been hearing talk of a US “withdrawal” from Iraq and Afghanistan for years—but military advisors and contractors have always remained, and ground troops have always been sent back in again as soon as things start to get out of hand. And as long as oil money follows the military, that will always be the case. Don’t be fooled. (Photo: Army Amber via Pixaby)
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)
The Constitutional Court of Ecuador issued a long-awaited ruling in favor of those affected by the transnational oil company Chevron, which operated through its subsidiary Texaco in Ecuador between 1964 and 1990. Chevron will now have to pay $9.5 billion for the repair and remediation of social and environmental damage that, according to audits and expert reports, were a result of oil company operations in the Amazonian provinces of Sucumbíos and Orellana. The court found that Chevron deliberately dumped billions of gallons of toxic oil waste on indigenous lands in the Amazon rainforest. (Photo via Mongabay)
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)
In a setback to Chevron's effort to evade a $9.5 billion liability owed to rainforest communities, Canada's Assembly of First Nations (AFN) and Ecuadoran indigenous leaders signed a protocol to hold the corporation accountable for dumping billions of gallons of toxic oil waste and for ongoing violations of indigenous rights. The agreement was signed by AFN National Chief Perry Bellegarde and Jamie Vargas, president of Ecuador's indigenous federation, CONAIE.
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."
The US Court of Appeals for the Second Circuit affirmed a lower court ruling that barred Ecuadoran plaintiffs from collecting a $8.646 billion judgment against Chevron Corp.
The US Supreme Court declined to hear an appeal by the government of Ecuador of a $96 million arbitration settlement awarded to Chevron oil company.
Canada's high court ruled that Ecuadoran villagers seeking to enforce a multi-billion dollar judgment against Chevron may pursue the case against the company's Canadian subsidiary.
For the first time in nearly 80 years, Mexico opened its oil industry to foreign investors, offering 14 offshore exploration blocs—but only two sold, and not to industry majors.
Argentina's center-left government passed a law to attract foreign investment in oil production, especially for hydrofracking in the Vaca Muerta shale deposits.
Five large non-Western economies are planning a new development bank, but activists say the bank's impact will depend on the ability of the countries' populations to mobilize.