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…
Hundreds of teachers have pledged not to take their students to a new exhibition at the Science Museum in London until it cancels its sponsorship deal with a company linked to the coalminer Adani.
On 10 October 2004, Eric Dooh received an urgent call from one of his father’s employees: the waterway surrounding their houses was running black with oil. Near the outskirts of Dooh’s village of Goi…
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…
TotalEnergies plans to install 9 GW of offshore wind capacity in Brazil, according to local media, which reports the France-headquartered oil major is looking to develop three projects in the country…
Royal Dutch Shell (RDSa.L) said on Thursday it had acquired a 51% stake in an floating wind project off the west coast of Ireland aiming to develop up to 1.35 gigawatt in electricity capacity.
Shell…
Firms defend paying no corporation tax after government handed out billions to energy giants.
Shell and BP, which together produce more than 1.7bn tonnes of greenhouse gases a year, have not paid…
Shell has signed deals with two UK solar developers to support development of utility-scale solar projects exceeding 800MW.
Shell has signed a framework agreement with the renewable energy developer…
Energy giant Royal Dutch Shell sold its oil and gas business in the Permian Basin, the country’s largest oilfield, to ConocoPhillips for $9.5 billion cash on Monday.
The deal is a major move for…
Company hopes to get Dutch court ruling overturned which called for it to cut emissions faster
Royal Dutch Shell has confirmed that it will appeal against the landmark Dutch court ruling calling for…
The companies will join forces to progress the use of sustainable aviation fuel (SAF) in aircraft engines and shape policies that support a net zero pathway for the industry.
Shell and Rolls-Royce…
While ExxonMobil's decades of sowing public doubt about climate science and the impact of fossil fuels have provoked various lawsuits, secretly recorded videos released Wednesday expose how the…
Attorney Roger Cox says oil industry executives should be held responsible for their companies’ carbon emissions
Royal Dutch Shell Plc hired a team of pricey lawyers for its defense against…
Climate lawyers are preparing to take on more fossil-fuel companies after a Dutch court ordered Royal Dutch Shell Plc to cut its emissions faster than planned, on the grounds that the oil giant is…
Activist groups hail ‘historic win’ as Dutch court orders multinational fossil fuel company to cut CO2 emissions by 45% by 2030.
Climate activists who have taken fossil fuel giant Royal Dutch Shell …
Legal & General Investment Management, Britain’s biggest fund manager, piles pressure on oil firm
Britain’s biggest fund manager has piled pressure on Shell after joining a shareholder rebellion…
Group hits out at oil and gas firm’s sponsorship of Our Future Planet exhibition as ‘appalling’
Organisers of the school strike movement, in which tens of thousands of young people have taken to the…
Energy firm seeks to grow operation by 20% but offset expansion via carbon capture and ‘nature-based solutions’.
Shell has set new carbon emissions goals to become a net zero carbon energy company…
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