Environmental, Social and Governance
Big Oil has lately come under a plethora of attacks from all directions, ranging from uncooperative financiers and investors amidst a global shift to renewable energy to hostile governments and hardline climate activists. But not all oil and […]
Exxon Mobil Corp. activist investor Engine No. 1 expanded its presence on the oil giant’s board to three seats, according to preliminary vote tallies, cementing a victory that has reverberated across the energy industry. The initial […]
SOMERSET, Colo. — The ski company hipsters sat on one side of the table, the flinty oil and gas veterans on the other. They were trying to hammer out an unusual deal to turn a […]
The history of Africa’s energy sector appears to be characterised by success followed by failure, forward movement and then stagnation. But is this a realistic assessment of the continent’s power sector, and more importantly, how […]
It was a stunning moment for Exxon Mobil Corp. and the wider corporate world: a tiny activist fund had succeeded in changing the company’s board. But in the hours leading up to this week’s annual shareholders meeting, Exxon went […]
Dissident shareholders of ExxonMobil have won two seats on the company’s board of directors. The election “will likely force it to alter its fossil-fuel focused strategy and more directly confront growing shareholder concerns about climate change,” according […]
Chris Womack will become chairman and CEO of Georgia Power on June 1, the company announced Wednesday. Paul Bowers, who has served as chairman, president and CEO of Southern Co.’s largest electric subsidiary for 11 years, […]
A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund’s nominated directors to the oil giant’s board after a months-long battle over the company’s […]
A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it […]
HOUSTON/BOSTON: Exxon Mobil said on Monday it would add two more board members, including one with climate experience, just days before a shareholder vote on whether to back new directors supported by activist investors unhappy with its […]
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