Big Oil

ReGen III Announces Closing of Initial Tranche of Convertible Debenture Offering

Retrieved on: 
Freitag, Mai 31, 2024

Each Unit consists of CAD$1,000 in principal amount of unsecured convertible debenture (a "Debenture") and 1,000 common share purchase warrants (a "Warrant").

Key Points: 
  • Each Unit consists of CAD$1,000 in principal amount of unsecured convertible debenture (a "Debenture") and 1,000 common share purchase warrants (a "Warrant").
  • Each Warrant is exercisable to purchase one common share at a price of CAD$0.55 for a period of 24 months after closing.
  • The Debentures will be convertible at the option of the holder into common shares at a price of CAD$0.55 per common share.
  • The ReGen III team remains in an excellent position to conclude these ongoing discussions and negotiations.

SENATOR LENA GONZALEZ AND THE CAMPAIGN FOR A SAFE AND HEALTHY CALIFORNIA CALL ON LEGISLATURE TO INVESTIGATE POTENTIAL TAX AND LEGAL LOOPHOLES EXPLOITED BY BIG OIL

Retrieved on: 
Mittwoch, Mai 8, 2024

SACRAMENTO, Calif., May 8, 2024 /PRNewswire/ -- As Big Oil continues to spend more than $60 million on a misinformation campaign, lying to voters about the public health benefits of keeping a law (SB 1137 - Senator Lena Gonzalez) that protects communities from toxic oil and gas drilling, the Campaign for a Safe and Healthy California and Senator Lena Gonzalez are calling on the State Legislature to investigate a shady tactic Big Oil is employing to fund their campaign of deception.

Key Points: 
  • Despite record breaking profits, fourteen oil companies avoided making direct contributions to their campaign to overturn Senator Gonzalez's law to keep California schools and neighborhoods safe from toxic drilling (SB 1137).
  • "I am calling on my colleagues in the Legislature to investigate this practice and close any loopholes we find."
  • Big Oil has a history of obfuscating how and where they are spending money on political campaigns.
  • For more information about our campaign, please visit our website at: www.CAvsBigOil.com
    Paid for by Campaign for a Safe and Healthy California, sponsored by nonprofit environmental and health organizations.

ARTISTS VS. BIG OIL EXHIBITION BRINGS COMMUNITIES TOGETHER TO RAISE MILLIONS FOR THE CAMPAIGN FOR A SAFE AND HEALTHY CALIFORNIA, WORKING TO "KEEP THE LAW" PROTECTING NEIGHBORHOODS FROM TOXIC DRILLING

Retrieved on: 
Donnerstag, April 11, 2024

LOS ANGELES, April 11, 2024 /PRNewswire/ -- On Tuesday, April 9th, renowned artists joined with environmental justice advocates and frontline community members to release a new exhibit supporting the Campaign for a Safe and Healthy California in their David vs. Goliath fight against Big Oil to protect neighborhoods from toxic oil drilling.

Key Points: 
  • "The days of Big Oil operating toxic drilling sites with impunity–literally in our backyards where children play–are over.
  • "It's vital for Federated Indians of Graton Rancheria to be part of this effort to protect California neighborhoods from toxic oil drilling.
  • "Grassroots people-power, combined with artists' support and creativity, provides the momentum needed to uphold the law that protects California communities from toxic oil drilling.
  • Ad Paid for by Campaign for a Safe and Healthy California, sponsored by nonprofit environmental and health organizations.

Governor Gavin Newsom Joins "Team of Heroes" Standing Up to Big Oil in New Ad to KEEP THE LAW Protecting Neighborhoods from Toxic Drilling

Retrieved on: 
Freitag, März 29, 2024

SACRAMENTO, Calif., March 28, 2024 /PRNewswire/ -- Today, Governor Gavin Newsom joins a team of neighborhood leaders and environmental justice organizations in a series of new ads (Regina, Tianna, Cesar, Nalleli, Community, Governor), to be aired statewide for the Campaign for a Safe and Healthy California. Newsom stood with former Republican Governor Arnold Schwarzenegger, doctors, and environmental justice leaders last week in launching the CA vs Big Oil campaign to KEEP the historic law (SB1137) preventing new toxic oil and gas drilling near schools, hospitals and neighborhoods.

Key Points: 
  • Newsom stood with former Republican Governor Arnold Schwarzenegger, doctors, and environmental justice leaders last week in launching the CA vs Big Oil campaign to KEEP the historic law (SB1137) preventing new toxic oil and gas drilling near schools, hospitals and neighborhoods.
  • "Our united effort is crucial in safeguarding our neighborhoods from the dangers of toxic oil drilling."
  • Below is the transcript of the ad featuring Governor Newsom:
    "Why is Big Oil attacking Governor Gavin Newsom?
  • And Newsom stood up to Big Oil's price-gouging at the pump - empowering an independent watchdog to hold oil companies accountable.

Governor Gavin Newsom and Former Governor Arnold Schwarzenegger Show Bipartisan Support to KEEP THE LAW Protecting Neighborhoods from Toxic Drilling

Retrieved on: 
Mittwoch, März 27, 2024

SACRAMENTO, Calif., March 27, 2024 /PRNewswire/ -- Friday, Governor Gavin Newsom and Former Governor Arnold Schwarzenegger exhibited a bipartisan show of strength in taking on Big Oil, joining community leaders and environmental activist Jane Fonda in working to KEEP the historic law (SB1137) preventing new toxic oil and gas drilling near schools, hospitals and neighborhoods.

Key Points: 
  • "Big Oil is at it again – this time trying to undermine a landmark public health law I signed that would protect California neighborhoods from the effects of toxic drilling near places where people and their families live and play.
  • I will continue to stand with front-line communities to make the oil industry play by the rules.
  • Make no mistake, in November, we will KEEP THE LAW that finally forces Oil Companies to put our health before their greed," said Governor Gavin Newsom.
  • For more information about our campaign, please visit our website at: www.CAvsBigOil.com
    Ad Paid for by Campaign for a Safe and Healthy California, sponsored by nonprofit

Campaign for a Safe and Healthy California Releases New Report Exposing $11 Million Dark Money Ad Campaign by Big Oil

Retrieved on: 
Montag, Januar 8, 2024

SACRAMENTO, Calif., Jan. 8, 2024 /PRNewswire/ -- Today the Campaign for a Safe and Healthy California (CSHC) released a report showing that more than $11 million in ads were funded by Big Oil in 2023, in an attempt to undermine a new law (SB 1137) that helps protect California communities from toxic oil drilling. Chevron gave nearly $6 million to a third-party, Californians for Energy Independence, which then fronted the ad campaign.

Key Points: 
  • The CSHC coalition is calling for transparency to ensure voters know exactly who is paying for the deceptive ads.
  • "Though we expect this kind of big money bullying and deception from Big Oil, we will not tolerate it," said Martha Dina Argüello, Executive Director, Physicians for Social Responsibility- Los Angeles.
  • Our campaign does not need to hide in the dark with dubious campaign tactics like Big Oil.
  • For more information about our campaign, please visit our website at: www.CAvsBigOil.com
    Ad paid for by Campaign for a Safe and Healthy California, sponsored by

Fifty-Five Organizations Call on Gov. Newsom to Veto Bill Weakening His Landmark Refinery Price Gouging Bill, says Consumer Watchdog

Retrieved on: 
Donnerstag, September 21, 2023

This bill undermines SBX 1-2, legislation championed by Governor Gavin Newsom to create regulatory oversight for the state's refiners, after California drivers faced record prices at the pump in 2022.

Key Points: 
  • This bill undermines SBX 1-2, legislation championed by Governor Gavin Newsom to create regulatory oversight for the state's refiners, after California drivers faced record prices at the pump in 2022.
  • Maintenance periods have strategically been used by refiners as moments to spike prices for drivers, providing the rationale behind adding more robust regulatory oversight during those periods within SBX 1-2.
  • SB 842 limits the ability of the state to prevent unnecessary refinery maintenance.
  • "Thanks to your leadership, the bill was passed and signed, marking a historic victory for everyday Californians over corporate greed."

BREAKING Cannes 2023: GALE Signs Clean Creatives Pledge in Major Commitment to Sustainability

Retrieved on: 
Dienstag, Juni 20, 2023

CANNES, France, June 20, 2023 /PRNewswire/ -- GALE CEO Brad Simms took to the stage today at The Next Level Climate Summit at Cannes Lions 2023 to announce the agencies will sign the Clean Creatives pledge, making GALE the largest agency to commit to refusing work with fossil fuel companies.

Key Points: 
  • GALE's pledge to Clean Creatives makes it the largest agency to commit to refusing work with fossil fuel companies.
  • "GALE signing the Clean Creatives pledge is a commitment to the most important thing we have: our planet.
  • There are over 600 agencies, creatives and freelancers globally that have committed to the Clean Creatives pledge.
  • To join GALE in signing the Clean Creatives pledge, visit cleancreatives.org.

Senator Portantino Stops Bill To Hold Oil Drillers Liable For Health Impacts On Community In Undemocratic Use of Unilateral Power To Hold Bills In Committee, Says Consumer Watchdog

Retrieved on: 
Donnerstag, Mai 18, 2023

SACRAMENTO, Calif., May 18, 2023 /PRNewswire/ -- SB 556, legislation that gives people who live near oil wells and have developed cancer, respiratory illnesses and birth defects the right to hold oil drillers liable for their illnesses, was held without a vote on the suspense file by the Senate Appropriations Committee. The bill can no longer proceed this year.

Key Points: 
  • Senator Anthony Portantino used his power to stop the bill without a hearing or vote.
  • Oil drillers qualified a referendum that put SB 1137 on hold until voters vote on it in November 2024.
  • Portantino sided with the drillers against the community he represents and allowed oil drillers to continue to recklessly drill without accountability for their actions.
  • We thank Senator Gonzalez for her work to hold the oil industry responsible for the harm they cause.

Bill To Hold Oil Companies Presumptively Liable for Harms in Safety Zones Passes First Hurdle in the California Senate, Says Consumer Watchdog

Retrieved on: 
Mittwoch, April 26, 2023

SACRAMENTO, Calif., April 26, 2023 /PRNewswire/ -- SB 556 — legislation that gives people who live near oil wells and have developed cancer, respiratory illnesses and birth defects the right to hold oil drillers liable for their illnesses — passed the California Senate Judiciary Committee in a 8 - 2 vote. SB 556 will now be heard by the Senate Appropriations Committee.

Key Points: 
  • SB 556 will hold oil companies presumptively liable for causing cancer, asthma, preterm and high risk births for people living within 3200 ft of an oil well.
  • The legislation will hold the oil drillers presumptively liable for damages with minimum penalties of $250,000 and maximum penalties of $1 million.
  • Oil drillers qualified a referendum that put SB 1137 on hold until voters vote on it in November 2024.
  • If SB 556 becomes law, it would further protect communities by making drillers liable for the harms they cause starting January 2024.