A bill introduced in California’s state Legislature would make fossil fuel companies legally liable for damages from climate change, similar to current law holding utilities liable for fires started by their equipment.

The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.

The proposal, introduced in the wake of the LA fires, would allow people and insurers who have suffered losses in climate disasters to seek damages in court from fossil fuel companies.

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per share, for the three months ended Dec. 31. It earned $7.63 billion, or $1.91 per share, in the prior-year period.

US oil and gas major Chevron and San Francisco-based hedge fund Engine No. 1 have partnered to develop and scale natural gas-powered power plants to serve co-located data centers in the Southeast, Midwest, and West of the US.

ExxonMobil's carbon capture and storage (CCS) facility will likely be somewhere in Sunda-Asri basin in the Java sea.

LONDON (AP) — Oil company Shell said Thursday that it was still mulling moving its stock market listing from London to New York. but that it wasn't a “live discussion” at the moment.

Elk Range Royalties has announced the acquisition of Newton Financial, Concord Oil Company and Mission Oil Company, which collectively hold significant mineral and royalty interests across the Permian and Eagle Ford basins.

In a heated community meeting, furious residents assailed federal officials for trucking electric vehicle batteries and other hazardous materials from Altadena to their area for processing.

Chan Zuckerberg Initiative is rolling out a major expansion next to the organization’s Redwood City headquarters in a boost for the Peninsula’s struggling biotech sector.

California regulators said Tesla is yet to apply for the necessary permits to operate a commercial robotaxi service, just one day after Elon Musk said the firm planned to do so in the state “this year.

The buildings that Nvidia has agreed to buy from affiliates of Sobrato Organization have addresses of 2701, 2711, 2721 and 2731 San Tomas Expressway, the county public files show. An adjacent parking garage at 2741 San Tomas Expressway is also included in the purchase deal.