This weekend it is great fun watching the G20 leadership talking about climate change, and how we need to impose the will of the industrialized nations upon the rest of the world. African countries have […]
Norway’s wealth fund says there are oil companies in its portfolio that “absolutely” aren’t doing enough to cut emissions, as the guidelines it operates by are reviewed to give climate risk greater prominence. Norges Bank […]
ExxonMobil has announced estimated second-quarter 2021 earnings of $4.7 billion, or $1.10 per share assuming dilution, compared with a loss of $1.1 billion in the second quarter of 2020. Second-quarter capital and exploration expenditures were $3.8 billion, bringing the […]
By Ellen R. Wald, a non-resident senior fellow at the Atlantic Council’s Global Energy Center and president of Transversal Consulting, and Jonathan H. Ferziger, a Jerusalem-based nonresident senior fellow at the Atlantic Council and a former Middle […]
In January, around 300 companies, including Vitol Group, the world’s biggest independent oil trader, and Australian mining behemoth Rio Tinto Group, signed a pledge to take action to resolve the crisis for seafarers. Called “the Neptune Declaration,” […]
For well over a year now, it has been apparent that much of the U.S. and global news media who focus on energy and the environment have engaged in a coordinated effort to push out […]
Any sharp oil sell-off, like the one this week, always has a clutch of plausible explanations and a sense that some sure-bet trade has unwound in a rout. And that’s almost certainly true. But there’s […]
Exxon Mobil Corp . said proposals put forth by an activist investor pushing for changes at the oil giant threaten future cash flows and the sustainability of its dividend. Exxon said in a letter to shareholders Tuesday […]
Much has been written in recent years about the sweeping environmental benefits natural gas has provided to the United States since the advent of the Shale Revolution at the end of the 20th century. While […]
The Securities and Exchange Commission launched an investigation of Exxon Mobil Corp. XOM 3.90% after an employee filed a whistleblower complaint last fall alleging that the energy giant overvalued one of its most important oil and gas properties, according to […]
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