Chevron

Chevron Spills 800,000 Gallons of Oil and Water in California

SACRAMENTO, Calif. (AP) — Officials began to clean up a massive oil spill Friday that dumped nearly 800,000 gallons of oil and water into a California canyon, making it larger — if less devastating — than the state’s last two major oil spills. The newly revealed spill has been flowing off and on since May and has again stopped, Chevron spokeswoman Veronica Flores-Paniagua said. She and California officials said the spill is not near any waterway and has not significantly affected wildlife. The last flow was Tuesday. Chevron reported that 794,000 gallons (about 3 million liters) of oil and water

Oil Barons Bid Billions For Mozambican Oil While Storm Fatalities Spike

The back-to-back cyclones that have ravaged Mozambique are unprecedented in recorded history, the UN said Friday. As more villages are wiped away, a multi-billion dollar bidding war is heating up in foreign board rooms among multinationals eager to extract Mozambican oil. Top bid so far by Occidental Petroleum Corp has reached $57 billion.