After a Bruising Year, the Oil Industry Confronts a Diminished Future

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.

#automobiles, #biden-joseph-r-jr, #bp-plc, #coronavirus-2019-ncov, #electric-and-hybrid-vehicles, #europe, #exxon-mobil-corp, #fuel-efficiency, #greenhouse-gas-emissions, #looney-bernard-1970, #oil-petroleum-and-gasoline, #prices-fares-fees-and-rates, #united-states, #woods-darren-w-1965

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How GameStop’s Reddit-Fueled Rise May End

Let’s have an honest conversation about GameStop.

#boards-of-directors, #california-state-teachersretirement-system-calstrs, #corporate-social-responsibility, #d-e-shawco, #exxon-mobil-corp, #gamestop-corporation, #oil-petroleum-and-gasoline, #reddit-inc

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Suriname Could Be Latest Big Oil Find as Industry Cuts Costs

The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less.

#apache-corp, #brazil, #drilling-and-boring, #exxon-mobil-corp, #guyana, #oil-petroleum-and-gasoline, #petronas-petroliam-nasional-berhad, #politics-and-government, #poverty, #prices-fares-fees-and-rates, #production, #royal-dutch-shell-plc, #south-america, #suriname, #total-sa

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‘Is Exxon a Survivor?’ The Oil Giant Is at a Crossroads.

Exxon Mobil is struggling to find its footing as demand for oil and gas falls and world leaders and businesses pledge to fight climate change.

#alternative-and-renewable-energy, #carbon-dioxide, #coronavirus-2019-ncov, #dow-jones-stock-average, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hydrocarbons, #natural-gas, #oil-petroleum-and-gasoline, #raymond-lee-r-1938, #shale, #solar-energy, #stocks-and-bonds, #texas, #tillerson-rex-w, #united-states, #wind-power, #woods-darren-w-1965

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New York State’s Divestment Threat Is a Victory for Climate Activists

The comptroller’s threat to pull billions from fossil fuel investments is a big victory for climate activists.

#alternative-and-renewable-energy, #bp-plc, #carbon-dioxide, #coal, #dinapoli-thomas-p, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #natural-gas, #new-york-city, #new-york-state, #office-of-the-comptroller-nys, #oil-petroleum-and-gasoline, #pensions-and-retirement-plans, #stringer-scott-m, #united-nations-framework-convention-on-climate-change

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How One Firm Drove Influence Campaigns Nationwide for Big Oil

FTI, a global consulting firm, helped design, staff and run organizations and websites funded by energy companies that can appear to represent grass-roots support for fossil-fuel initiatives.

#blackrock-inc, #environment, #exxon-mobil-corp, #fti-consulting-inc, #global-warming, #greenhouse-gas-emissions, #hydraulic-fracturing, #independent-petroleum-assn-of-america, #main-street-investors-coalition, #natural-gas, #oil-petroleum-and-gasoline

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For Long-Term Investors, Small Things Like Presidential Elections Don’t Matter

There is heartbreak almost everywhere you look, our columnist says, but the stock market usually rises anyway.

#amazon-com-inc, #coronavirus-2019-ncov, #corporate-taxes, #democratic-party, #dimensional-fund-advisors, #exxon-mobil-corp, #federal-taxes-us, #high-net-worth-individuals, #infrastructure-public-works, #oil-petroleum-and-gasoline, #presidential-election-of-2020, #regulation-and-deregulation-of-industry, #republican-party, #sp-dow-jones-indices, #standardpoors-500-stock-index, #stocks-and-bonds, #united-states-economy, #united-states-politics-and-government

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Trump’s Motto: Your Money or Your Life

The president claims you have to make a choice, but you don’t.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #coronavirus-2019-ncov, #exxon-mobil-corp, #global-warming, #international-renewable-energy-agency, #presidential-election-of-2020, #scientific-american, #trump-university, #trump-donald-j, #united-states, #united-states-politics-and-government

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U.S. and European Oil Giants Go Different Ways on Climate Change

While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.

#alternative-and-renewable-energy, #bp-plc, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hydrocarbons, #natural-gas, #oil-petroleum-and-gasoline

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David Kaiser, Rockefeller Heir Who Fought Exxon Mobil, Dies at 50

A great-great grandson of John D. Rockefeller, he steered one of his family’s philanthropies to a feisty stance on the oil giant’s role in climate change.

#criminal-justice, #deaths-obituaries, #exxon-mobil-corp, #global-warming, #kaiser-david-w-1969-2020, #oil-petroleum-and-gasoline, #philanthropy, #rockefeller-family

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Environmentalists Targeted Exxon Mobil. Then Hackers Targeted Them.

Federal prosecutors in Manhattan are investigating a global hacker-for-hire operation that sent phishing emails to environmental groups, journalists and others.

#citizen-lab, #computer-security, #cyberattacks-and-hackers, #exxon-mobil-corp, #global-warming, #oil-petroleum-and-gasoline, #phishing-computer-fraud

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Stocks Are Rising as Economic News Worsens

Trillions in stimulus dollars have convinced Wall Street that the government has its back, and investors are seizing on even glimmers of good news about the pandemic.

#amazon-com-inc, #apple-inc, #chevron-corporation, #commerce-department, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #exxon-mobil-corp, #federal-reserve-system, #gross-domestic-product, #interest-rates, #recession-and-depression, #remdesivir-drug, #sp-dow-jones-indices, #standardpoors-500-stock-index, #stimulus-economic, #stocks-and-bonds, #united-states, #united-states-economy

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Former Exxon Chief Lee Raymond Shouldn’t Be on JP Morgan Chase’s Board

Shareholders at JP Morgan Chase should block a former Exxon chief from another term on the bank’s board.

#banking-and-financial-institutions, #blackrock-inc, #dimon-james, #dinapoli-thomas-p, #exxon-mobil-corp, #global-warming, #jpmorgan-chasecompany, #new-york-city, #office-of-the-comptroller-nys, #oil-petroleum-and-gasoline, #raymond-lee-r-1938, #stringer-scott-m

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