Archive | Tag: shareholder-accountability

Blog Post

Chevron’s army of lawyers isn’t its only weapon in staving off the demand of Ecuadoran peasants that the company clean up its toxic drilling mess in the Amazon. Chevron is also happy to use deception, secret video and dirty tricksters. The problem with tricksters, however, is that it can be hard to keep them in the fold, and they can be so darned greedy. Consider the tale of secret videotaper Diego Borja, and the “expense money”of at least $169,000 that Chevron has heaped on him since August 2009.

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Blog Post

We’ve reported about what’s wrong in the secrecy around BP’s payments to Kenneth Feinberg and his law firm, which is doling out compensation for BP’s devastating oil spill in the Gulf. Monday, though, the Center for Justice and Democracy got deep into the guts of the matter.

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News Clipping

The panel named by President Obama to investigate the BP Deepwater Horizon blowout on Tuesday rejected a call by a consumer activist group for the resignation of its chief counsel, Fred H. Bartlit Jr. The group, Consumer Watchdog, said that the panel should dismiss Mr. Bartlit because his law firm, Bartlit Beck Herman Palenchar & Scott, once represented Halliburton, one of the companies involved in drilling the BP well.

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Press Release

New York, NY — A national consumer group is running a 30 second commercial on a Times Square Superscreen that challenges Koch Industries, “the largest oil company you’ve never heard of,” for its record of environmental degradation, political influence, Tea Party funding and climate change denial.

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Press Release

Top Prop 23 Funder Doesn’t Want Greentech Competition To Get in Way of Profiteering

Santa Monica, CA – A new report by Consumer Watchdog’s OilWatchdog.org project finds that Valero Energy reaped over $4.5 billion in refining profit while gouging California motorists since it bought its second California refinery in 2002. The oil refining giant, which is also the largest funder of Proposition 23, averaged 37% higher margins on each barrel of oil it refined in California than at refineries it owns elsewhere in the country, according to data published in company financial reports.

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Blog Post

09-23-09 by dugan   Pacific Gas and Electric Co.’s departure from the national Chamber of Commerce is a strong message, one that more middle-of-the-road corporations ought to hear. The Chamber, claiming to represent all of…

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Blog Post

09-03-09 by dugan   Maybe it’s just my cynical nature, but Chevron’s "smoking gun" video alleging corruption in Ecuador has its fishy points. Chevron has gotten some media on a charge that a video it…

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Press Release

Oil Price Spike, As Exxon And Others’ Profit Skids, Shows Potential For New Economy-Killing Energy Roller Coaster, Says Consumer Watchdog Profit Reports Offer More Proof That Oil Prices Are Disconnected From Actual Petroleum CONTACT: Judy…

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Blog Post

7-13-09 by dugan Investment bank Goldman Sachs is about to report an eye-popping profit increase, leaving the rest of the economy in the dust. That should remind us of Goldman’s key role in the energy-price…

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