Oil companies are partying like it’s 2008. As during the global financial crisis that took hold that year, economies face the prospect of deep recessions but oil companies are reaping record profits…
ExxonMobil, Chevron and Shell posted record profits in the second quarter of 2022 as companies announced earnings this week.
The profits come as the world saw extremely high prices of both oil and…
27 April 2022 (IEEFA): At a cost of more than A$3 billion, Gorgon, the largest carbon capture and storage (CCS) project in the world has failed to deliver, underperforming its targets for the first…
National oil champions are likely to fill the gap left by private-sector players—meaning emissions won't shrink as fast as the supermajors.
When Exxon Mobil Corp. decided to get out of a big oil…
Campaigners sense turning point as shareholders, boards and The Hague act to force Chevron, ExxonMobil and Shell to cut pollution.
The world’s patience with the fossil fuel industry is wearing thin…
Five largest private-sector oil supermajors have dropped more than a half-trillion on shareholders over last decade
The world’s five largest private-sector oil and gas companies collectively spent $…
Firms including Woodside, Chevron, Shell and Exxon Mobil, told they could be downgraded within weeks
Rating agency S&P has warned 13 oil and gas companies, including the some of the world’s…
Exxon Mobil Corp. and Chevron Corp. may be feeling the fallout of a historic oil-price crash amid the Covid-19 pandemic, but they haven’t completely forgotten to give a nod to concerns about climate…
During the latest midterm election cycle, the fossil fuel industry paid at least $359 million for federal campaign donations and lobbying.
Corporations, special interest groups, and individuals…
350.org responds to announcement that ExxonMobil, Shell, BP, Chevron and 43 others can be held legally accountable in the Philippines for violating human rights and causing climate change.
HOUSTON (Bloomberg) --Exxon Mobil and Chevron’s unwillingness to venture beyond their core oil and gas business will face a test Wednesday when shareholders vote on climate change proposals at both…