ExxonMobil, which has been under pressure to slash its carbon footprint, has committed to net zero greenhouse gas emissions from its operations by 2050. In a report released Tuesday, the oil giant Continue Reading
BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car. The milestone will mark a significant moment for BP Continue Reading
Exxon Mobil Corp (XOM.N) plans to shut the second-largest crude distillation unit (CDU) at its 560,500 barrel-per-day (bpd) Baytown, Texas, refinery by late next week, sources familiar with plant operations Continue Reading
Europe’s Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil. Surging oil and gas prices in 2021 delivered billions of dollars in Continue Reading
The agreement has the potential to redefine methane detection and mitigation efforts. ExxonMobil has announced that it has agreed to work with Scepter Inc to deploy advanced satellite technology and Continue Reading
Exxon Mobil Corp. is looking to further reduce its debt, evaluating sustainability-linked financing instruments and preparing for potential new climate-related disclosure requirements, finance chief Kathryn Mikells said. “We’re very focused on paying Continue Reading
For decades campaigners have picketed oil and gas offices, blockaded refineries and disrupted operations. Now the energy sector is facing a new kind of activism: from its own shareholders. Over Continue Reading
Royal Dutch Shell is aiming to produce liquefied natural gas with a bio-component for use in heavy vehicles within about two years. Trucks in Germany could soon be running on Continue Reading
Savion operates more than130 projects across US Purchase dips into Shell’s renewable fund In pursuit of achieving net-zero emissions by 2050, Shell plans to expand its global solar portfolio with Continue Reading
Investor group Follow This plans to file climate resolutions with Exxon Mobil Corp. and Marathon Petroleum Corp. for the first time, following up on shareholder support at other U.S. companies Continue Reading
