BofA Cutting Off Financing for Mine Operator; UBS Remains Large Lender
Massey Energy, owners of the West Virginia mine that exploded Monday, has drawn criticism for an array of safety violations and environmental issues over the years -- so much so that even some big Wall Street banks refuse to finance the Richmond, Va.-based company.
Houston, TX – As a judgment looms in a monumental 17-year legal battle over oil contamination in Ecuador, affected communities and their allies are challenging Chevron’s Board of Directors to intervene in the company’s dead-end strategy of covering up its massive liability
The corporate annual report - that glossy, seldom-read staple of the business world - usually features upbeat words and images showcasing a company's stellar year.
The "True Cost of Chevron" alternative annual report, in contrast, features a cover photo of an oil spill.
Released Wednesday by a coalition of Chevron Corp.'s fiercest critics, the report pillories the San Ramon oil company for pollution and alleged human rights abuses around the globe, in places as disparate as Ecuador, Burma, Texas and Richmond.
Emergildo Criollo traveled to California recently from his indigenous village in Ecuador to the home of Chevron’s new CEO John Watson and then to a meeting with state lawmakers, demanding that the oil giant Chevron “… take responsibility for their actions and clean up our rivers and forests – our homes.”
Washington, (EFE).- El líder indígena ecuatoriano Emergildo Criollo entregó en la sede de la petrolera estadounidense Chevron una carta firmada por 325.000 personas pidiendo al nuevo presidente que limpie los supuestos daños ambientales en la Amazonía que atribuyen a la compañía.
San Francisco, CA – Today, an Indigenous Ecuadorean leader attempted to deliver letters from over 325,000 people urging Chevron’s new CEO John Watson to clean up his company’s toxic oil contamination in Ecuador. Emergildo Criollo traveled from his home in the Amazon rainforest to deliver a strong message from his community and supporters: Clean up Ecuador. Emergildo also hopes to share his personal story with Chevron CEO John Watson. While in California, Emergildo will also meet with State Legislators in Sacramento on Wednesday.