Exxon Mobil’s CEO Darren Woods was dealt a stunning defeat by shareholders when a tiny activist investment firm snagged at least two board seats and promised to push the energy giant to diversify beyond oil and fight climate change. SourceContinue Reading
Chevron shareholders voted for a proposal to reduce emissions from the company’s customers, the latest sign that oil titans are coming under increasing pressure to address environmental concerns. SourceContinue Reading
Suncor Energy aims to reduce emissions by 10 megatons by 2030, from about 29 megatons in 2019. Half of the target will be achieved at its oil sands plants, refineries and other facilities through using carbon capture technology, switching fuels for operations and increasing energy efficiency. SourceContinue Reading
The Justice Department is defending the Trump administration’s approval of a massive ConocoPhillips Alaska Inc. project in federal court, over the objections of environmentalists who say the government didn’t adequately consider the venture’s effect on polar bears and the climate. SourceContinue Reading
The U.S. oil market is showing clear signs of tightening on the back of strengthening demand, raising a question about whether the nation’s booming crude exports could slow. SourceContinue Reading
Soaring Solar Costs Could Slow The Renewable Boom | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – May 26, 2021, 7:00 PM CDT This year looked like it would be a … windfall… for renewable energy companies with the advent of the Biden Administration and its...Continue Reading
Activist Investor Wins Exxon Board Seats In Day Of Reckoning For Big Oil | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 26, 2021, 6:00 PM CDT Activist investor fund Engine...Continue Reading
Is This The Most Exciting Gold Play Of The Year? | OilPrice.com Premium Content By Roger Freeman – May 26, 2021, 6:00 PM CDT The first discovery in this gold patch last year netted investors 7,000% returns. A potential second could net them even more. These are the types of gold plays that come along...Continue Reading
