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Category: International Oil Companies

Category:
  • Shell

Climate Ruling Could Force Big Change at Shell

To comply with a Dutch court order to cut carbon emissions, Royal Dutch Shell RDS.A -0.82% PLC may have to overhaul its business and cut its oil output faster than it had planned, analysts and investors Continue Reading

Posted On : 28 May 2021 Published By : Tom Whipple
Category:
  • Shell

Shell’s climate defeat: an omen for all corporate polluters?

A court has ordered Royal Dutch Shell to accelerate its strategy for the energy transition by making steeper and quicker cuts to greenhouse gas emissions than it had planned. The Continue Reading

Posted On : 28 May 2021 Published By : Tom Whipple
Category:
  • Total

French oil giant Total rebrands in shift to renewables

Oil and gas giant Total will be rebranded as TotalEnergies as it shifts some of its focus towards renewable energy sources. Shareholders voted overwhelmingly in favour of the move. However, Continue Reading

Posted On : 28 May 2021 Published By : Tom Whipple
Category:
  • Exxon

The little engine that could, and the oil giant that couldn’t

Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed through Wall Street circles, from the fund’s name that recalled Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Exxon

Exxon Chief Woods Gets Black Eye With Loss to Activist Investor

Exxon Mobil Corp. CEO Darren Woods suffered one of the biggest setbacks of his career at the hands of a tiny activist investment firm established less than six months ago. At Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Exxon

Exxon: At least 2 board members lose seats in climate fight

Exxon Mobil’s shareholders have voted to replace at least two of the company’s 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Exxon

Activist Wins Exxon Board Seats After Questioning Oil Giant’s Climate Strategy – WSJ

An activist investor’s successful campaign to win seats on the board of Exxon Mobil Corp. XOM 1.17% represents a historic defeat for the oil giant, one that will likely force it to more directly confront growing Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Chevron

Chevron Investors Back Climate Proposal in Rebuke to C-Suite

Chevron CEO Mike Wirth speaks with Bloomberg Television. Chevron Corp. shareholders voted for a proposal to reduce emissions from the company’s customers, the latest sign that oil titans are coming Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Shell

Explainer: What the Dutch court carbon emissions ruling means for Shell

Lawyers for Shell take their seats at the start of the court case environmentalist and human rights groups have brought on against Royal Dutch Shell to force the energy firm Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple
Category:
  • Shell

Shell Loses Climate Case That May Set Precedent for Big Oil

Royal Dutch Shell Plc was ordered by a Dutch court to slash its emissions harder and faster than planned, a ruling that could have far-reaching consequences for the rest of Continue Reading

Posted On : 27 May 2021 Published By : Tom Whipple

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