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Stock impact report

California to examine its Amazon oil ties following pleas from Indigenous leaders from Ecuador [Los Angeles Times (CA)]

Chevron Corporation (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
for Amazon crude and the remote rainforest territories where it's extracted. Just offshore, bundled in puffy jackets against the Bay wind, Indigenous leaders from Ecuador's Amazon paddled kayaks through choppy waters, calling attention to the oil expansion threatening their lands. Their visit to California helped prompt the state Senate to introduce a landmark resolution urging officials to examine the state's role in importing crude from the Amazon. The move comes as Ecuador's government prepares to auction off 14 new oil blocks — covering more than 2 million hectares of rainforest, much of it Indigenous territory — in a 2026 bidding round known as “Sur Oriente.” The Indigenous leaders say the move goes against the spirit of a national referendum in which Ecuadorians voted to leave crude oil permanently underground in Yasuni National Park. The preservation push in Ecuador comes as another South American country that includes part of the Amazon rainforest, Brazil, is moving ahea Show less Read more
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