Executives from Exxon, Shell, BP and others are being called to testify in Congress next month after a secret recording this year exposed an Exxon official boasting of such efforts.
The German carmaker outlined ambitious goals to build battery factories as it ties its fate to electric cars.
Climate concerns push BP and other firms to seek new roles as pollution fighters.
An environmental assessment said the project’s next step would largely benefit coastal areas, though it might also affect some marine life, especially dolphins.
Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.
The comptroller’s threat to pull billions from fossil fuel investments is a big victory for climate activists.
While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.
Under pressure from governments and investors, industry leaders like BP and Shell are accelerating their production of cleaner energy.
The European oil giant has plans for a future with more electrical generation.
The energy giant said its oil and gas assets were worth less, a move reflecting broad changes in the industry.
Rolling back regulations ignores the central lessons from the country’s largest oil spill.