The ever-soaring price of gas may have Chevron’s stock riding high, but the company is still facing a massive liability in Ecuador. An independent report released widely today reveals that, despite Chevron’s claims to the contrary, the $18 billion court judgment against the oil giant in Ecuador poses serious financial and operational risks to the [...]
Continue reading...Wednesday, May 14, 2008
More from today’s Dynegy shareholder’s meeting in Houston today. CEO Bruce Williamson, a finalist for Fossil Fool of the Year, told his company’s shareholders “that only a few of the proposed coal-fired power plants in the United States will be built due to soaring costs and financing hurdles.” He said that only plants that have [...]
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Wednesday, May 11, 2011
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