Venezuelas rusting refineries defy Trumps $100 billion promise
#Venezuela #OilRefineryVenezuela's Paraguana refineries, described as "ugly and rusty" by workers, operate at minimal capacity due to underinvestment. Despite Trump's $100 billion vow, recovery is hindered by earthquake devastation, unattractive investor terms, and subsidized fuel, delaying revival until at least 2027. read more
Oil Companies Knew of Fossil Fuel Harm in 1950s: Documents
#OilRefinery #FossilFuelHarmExxonMobil's oil refinery in Baton Rouge, Louisiana, is the second largest in the US. Newly discovered documents from 1950s reveal that major oil companies, including Shell and predecessors of Chevron, ExxonMobil, and BP, were aware of the harmful effects of burning fossil fuels. read more