Racing for Hydrogen: How Gas Giants Are Vying to Stay Relevant
The global gas industry is in an existential race: either find a way to be part of the next generation of energy or risk getting supplanted by alternatives. BP Plc Continue Reading
Moody’s: Credit Risk Is Growing For Big Oil
This week’s climate-related actions in boardrooms and courtrooms involving some of the largest international oil companies signal rising threat to the sector, Moody’s Investor Service said in a comment on Continue Reading
ANALYSIS: Big oil, stung by activist campaigning, not yet out for the count
Key role for oil companies given oil demand growth potential Low-cost OPEC oil seen having long-term advantage Majors’ big project expertise still being called upon Global oil and gas producers, Continue Reading
Oil Stocks Hold Strong Amid Climate Uproar
Energy-stock investors are clinging to their holdings, buoyed by rising commodity prices and profits, as the companies face historic pressure to confront climate change. The world’s still ravenous for oil Continue Reading
Analysis: Big oil may get more climate lawsuits after Shell ruling -lawyers, activists
A Dutch court’s decision to force Royal Dutch Shell (RDSa.L) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, Continue Reading
Three Exxon refineries top the list of U.S. polluters
Exxon Mobil’s U.S. oil refineries pump out far more lung-damaging soot than similarly-sized facilities operated by rivals, according to regulatory documents and a Reuters analysis of pollution test results. The Continue Reading
Big Oil’s Climate-Change Takedown Arrives With Stunning Rebukes
Fresh from striking a hammer blow in the boardrooms of the world’s biggest oil companies, the climate movement has a clear message: the energy transition is happening and there’s no Continue Reading
Moody’s flags Big Oil’s rising risk from climate battle
Rating agency Moody’s said on Friday that the credit risk of major oil producers has increased with recent events including Royal Dutch Shell (RDSa.L) losing a Dutch climate lawsuit this Continue Reading
Shell strikes deal to sell Mobile plant, shedding more US refining assets
Highlights Third refinery sale in a month Shell retains one US refinery Tighter EU ETS system in effect Shell on May 27 said it reached an agreement to sell its Continue Reading
What The Shell Climate Case Means For Big Oil
Global oil and gas companies could be facing a major legal threat if the Dutch court ruling on Royal Dutch Shell sets an international precedent. In a case by Dutch Continue Reading