Following President Trump’s executive order on issuing permits and promoting energy infrastructure and economic growth, energy associations reacted in support.
Read More
One of the nation’s largest oil and gas companies is expanding its presence in the Permian Basin with a multi-billion-dollar acquisition of Texas-based Anadarko Petroleum.
Read More
PRAISE and criticism was dispensed to fossil-fuel companies last week by the Church Commissioners, who have suggested that ExxonMobil needs to catch up with its rival, Shell.
Read More
If you’re like many of those I’ve introduced the word “nurdle” to in the last week or so, you giggled the first time you heard it.
Read More
A far better use of the administration's energy would be to support American innovation and create jobs by leading the world toward a low-carbon economy."
Read More
Shareholders have continually put forward resolutions aimed at reducing greenhouse gas emissions, adjusting their business models and reducing methane releases. Investors are increasingly asking companies to align their operations to meet the Paris Agreement target of limiting global temperature rise to well below 2 degrees Celsius.
Read More
Investors who represent more than $60 billion in assets sent a letter on Thursday to all members of Congress expressing support for the Green New Deal, said investor-advocacy group As You Sow, which organized the letter.
Read More
Environmental advocacy group As You Sow (Oakland, CA) announced that it has withdrawn its shareholder proposals with Chevron and Phillips 66 since Chevron Phillips Chemical Co. (The Woodlands, TX), which is jointly owned by the two companies, has agreed to start reporting spills of pre-production plastic pellets.
Read More
OAKLAND (KPIX 5) — There are growing protests over the amount of plastic ending up in the world’s oceans, but one Oakland nonprofit is taking a different approach that is having a remarkable effect on getting big plastic producers to care about the problem.
Read More
Law360 (April 9, 2019, 7:09 PM EDT) -- The U.S. Securities and Exchange Commission is drawing new boundaries around how shareholders in ExxonMobil and other energy companies can demand climate change-related actions like reducing corporate carbon footprints and demanding disclosures on progress.
Read More
If you’re looking in your 401(k) plan for investments that back clean energy or gender and racial diversity, you may have a tough time finding them.
Read More
(Reuters) - Chevron Phillips Chemical Co said on Tuesday it would start reporting plastic pellet spills from its chemical plants in 2019.
Read More
Less than two weeks after Exxon Mobil became the first major oil company to agree to report plastic pellet pollution to investors, another major petrochemical company has followed suit under pressure from activist shareholders.
Read More
CEO pay figures for 2019 are out, and again they beg the question of what should determine the big boss’s compensation?
Read More
Shareholders filed proposals on nearly 400 environmental, social and sustainability issues at U.S. companies through mid-February.
Read More
President Donald Trump loves climate-wrecking coal and hates the climate-saving Paris Agreement.
Read More
The UK’s messy divorce from the EU has been a source of frustration for fund management executives since the referendum nearly three years ago.
Read More
U.S. companies that use nonstandard numbers to calculate executive compensation are overpaying their top managers, according to a new research report.
Read More
Petrochemical companies are facing pressure to disclose incidents where they have spilled plastic into the ocean, which leads to what is said to be a major source of pollution.
Read More
Investors will have the chance to vote on a proposal calling for Exxon Mobil to set up a board-level climate change committee at the oil giant’s forthcoming AGM.
Read More