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Category: International Oil Companies

Category:
  • International Oil Companies

Is This The Beginning Of The End For Oil Super Majors?

Energy-oriented investors could not fail to have taken note of the decision that came down in the Dutch court against Shell, (NYSE:RDS.A), (NYSE:RDS.B), last week. This decision was the first Continue Reading

Posted On : 9 Jun 2021 Published By : Tom Whipple
Category:
  • BP

BP CEO: Strong Oil Demand Growth Is Here To Stay

Global oil demand is set to rebound and remain robust for some time, BP’s chief executive Bernard Looney told Bloomberg News on the sidelines of an economic forum in Russia, Continue Reading

Posted On : 8 Jun 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

Big Oil’s political clout wanes as governments embrace green energy

The handshake between then UK prime minister Tony Blair and Muammer Gaddafi in the desert in 2007 was not just the moment the Libyan leader cemented ties with an old Continue Reading

Posted On : 7 Jun 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

Forget Activism: Chronic Underperformance Is Big Oil’s Biggest Problem

Just last week, some of the world’s largest integrated energy companies faced the wrath of furious investors and climate activism. Exxon Mobil (NYSE:XOM) lost three board seats to Engine No Continue Reading

Posted On : 7 Jun 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

The ‘energy crisis’ and its global implications

A particular news caught my attention this morning regarding energy crises. Before going into the depth of the news, I would like to introduce you to the concept of energy Continue Reading

Posted On : 7 Jun 2021 Published By : Tom Whipple
Category:
  • Exxon

New Exxon board member Hietala brings business transformation experience

Exxon Mobil’s newly elected board member Kaisa Hietala says her work at Finnish refiner and biofuel producer Neste makes her more than just a champion of biofuels, she also has Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Climate
  • Shell

What a Dutch Court Ruling Means for Shell and Big Oil

Climate lawyers are preparing to take on more fossil-fuel companies after a Dutch court ordered Royal Dutch Shell Plc to cut its emissions faster than planned, on the grounds that Continue Reading

Posted On : 4 Jun 2021 Published By : Tom Whipple
Category:
  • Exxon

Activist Likely to Gain Third Seat on Exxon Board

An activist investor is likely to pick up a third seat on the board of Exxon XOM 0.79% Mobil Corp., giving it additional leverage to press the oil giant to address investor discontent about Continue Reading

Posted On : 3 Jun 2021 Published By : Tom Whipple
Category:
  • BP

BP Buys 9GW of USA Solar Projects for $220MM

BP revealed that it has reached an agreement to purchase nine gigawatts (GW) of solar development projects in the U.S. from 7X Energy. BP, which expects the deal to complete Continue Reading

Posted On : 2 Jun 2021 Published By : Tom Whipple
Category:
  • BP

BlackRock goes against BP board in climate resolution vote

The world’s biggest asset manager and top BP (BP.L) investor BlackRock (BLK.N) said on Friday it had backed a shareholder resolution calling for faster climate action which the energy company’s Continue Reading

Posted On : 31 May 2021 Published By : Tom Whipple

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