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Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its opposition to fracking.

Gazprom of Russia has begun fracking in western Siberia with the help of Anglo-Dutch giant Shell. The joint venture is introducing new technology developed in the U.S. to tap a vast reserve of oil known as the Bazhenov shale that lies under a 2.3 million square kilometer expanse.

A major U.S. government report on the Keystone XL pipeline was written by oil industry consultants, say activist groups. The report, which was commissioned by the State Department and published two weeks ago, downplays the environmental impact of the pipeline and has been seen as key to potential approval.

Bolivia has been ordered to pay $41 million to Rurelec, a UK energy company, in compensation for nationalizing the Guaracachi power plant in May 2010. The order represents a small profit for Rurelec which bought a 50.1 percent stake in 2006 but substantially less than what the company demanded.

Shell's plans to drill for oil in the Arctic's Chukchi Sea have been handed a major setback by a U.S appeals court which ruled that the Department of the Interior had underestimated the potential environment impact. The courts ordered the federal government to do a new assessment.

Two climate activists who staged a protest at the headquarters of Devon Energy, a Fortune 500 company based in Oklahoma city, have been charged with a "terrorism hoax" after black powder drifted down from a banner that they unfurled.

Tokyo Electric Power Company (Tepco) is facing calls to be shut down for failing to properly manage the environmental catastrophe caused by the meltdown of three of the company's nuclear reactors in Fukushima, Japan. The disaster was the result of a tsunami triggered by a March 2011 earthquake.

Honduran owned Generadora del Istmo S.A. (GENISA) is almost done with building Barro Blanco- a 28.84 megawatt hydroelectric project - on the Tabasará river in Chiriqui province in western Panama. The indigenous Ngäbe-Buglé community says that the impact of this project on their livelihoods will be devastating.

BP, the UK oil company, went on trial this week for the 2010 Deepwater Horizon drilling rig explosion in the Gulf of Mexico. The company could be fined up to $30 billion over the $25 billion it has promised if the court finds that it was "grossly negligent."

Miguel Facussé, the owner of Dinant Corporation in the Honduras, has come under scrutiny for the human rights abuses against farmers in the Bajo Aguán valley, where his company is cashing in on a boom in palm oil demand, fueled by loans from major donors like the World Bank.

Adrian Elcuj Miranda, a judge in Buenos Aires, has ordered the seizure of Chevron's assets in Argentina, to force the company to pay a $19 billion penalty for polluting the Amazon in Ecuador.

Six demonstrators were killed and dozens injured when the Guatemalan military fired into a group of indigenous Maya-K'iche' gathered on the Inter-American highway to protest rising electricity charges from Energuate, a major national power company owned by a private equity firm created by the UK government.

Sailors working for Gazprom, the Russian oil giant, used water cannons to remove Greenpeace activists who were protesting their plans to drill in the Arctic. The environmental group took action to signal the potential for a catastrophic environmental disaster as well as the impact on climate change.

A $6.3 billion coal mine project in the Galilee Basin in Queensland that could impact the Great Barrier Reef, has been halted by Tony Burke, Australian environment minister. The Alpha project is the first of several major coal projects being pushed by Campbell Newman, the premiere of Queensland.

President Barack Obama personally helped Shell obtain authorization to drill for oil in Alaska, according to a new article in the New York Times. This comes a day afer activists launched two reports on the environemental impact of the drilling plans at the company's annual meeting in the Hague.

Emerald Energy, a UK company owned by Sinochem of China, is exploring for oil in the eastern Colombian Andes in the high altitude tropical mountain tundra ecosystem known as páramo. Local communities say that the company's underground explosions have caused landslides and ground collapses that have destroyed homes, crops and contaminated the local water supply.

With 606 oilfields, the Niger delta supplies 40% of all the crude the United States imports and is the world capital of oil pollution. More oil is spilled from the delta's network of terminals, pipes, pumping stations and oil platforms every year than has been lost in the current BP/Transocean oil spill in the Gulf of Mexico.

Chevron's 2009 Annual Report celebrates 130 years of Chevron operations. We, the communities and our allies who bear the consequences of Chevron's offshore drilling rigs, oil and natural gas production, coal fields, refineries, depots, pipelines, exploration, chemical plants, political control, consumer abuse, false promises, and much more, have a very different account to offer.