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Offshore drilling

Chevron Warns of Billions in Charges From California Challenges, Gulf of Mexico Assets

Chevron said it will book $3.5 billion to $4 billion in charges for the fourth quarter, citing challenges tied to regulations in California and previously sold oil and gas production assets in the Gulf of Mexico.Chevron said it will impair a portion of its U.S. upstream assets, mostly in California, due to regulatory challenges in the state that have led to “lower anticipated future investment levels in its business plans.” Chevron said it will continue to operate the affected assets for many years.Copyright ©2024Dow

Amazon’s ‘The Rig’ Brings New Energy to Old Eco Terrors

Martin Compston as Fulmer Hamilton in “The Rig.”Photo: Amazon StudiosThis story was originally published by Grist. You can subscribe to its weekly newsletter here.What’s scarier: being stranded at sea, stuck in an ominous fog, or forced to confront the monstrous motives of the fossil fuel industry? Well thanks to The Rig, the highly bingeable new sci-fi series from Amazon Prime Video, you don’t have to choose.Rather than using sci-fi tropes such as of a giant sea monster or a devastating natural disaster acting as a