In a letter to seven large energy firms, the president said excessive margins were “worsening that pain” for American consumers.
The Ukraine war could lead to breakthroughs in nuclear power and natural gas, with Washington’s help.
Sanctions have grounded Russia’s ambitious plans to build its liquefied natural gas capacity. Analysts say it’s a sign of problems ahead.
The transactions can help major oil and gas companies clean up their own production by transferring polluting assets to a different firm, the analysis said.
Here are four climate takeaways from a dramatic turnaround — a year after a surge of shareholder activism in the industry, as well as a remarkable court ruling against Shell.
Leaders of Exxon Mobil, Chevron and four other companies testified about gas prices before a House committee on Wednesday.
An exodus by Western companies and disdain for Russian oil signal the start of a reckoning.
BP and Shell announced earlier that they were also seeking to leave the country after its invasion of Ukraine.
Shell said it would exit its investments in Russia, a day after BP said it would do the same. Now companies like TotalEnergies and Exxon will face questions.
Investors took the strong jobs showing as a reason for the Federal Reserve to move quickly as it starts to raise interest rates this year.
Geopolitical tensions and a growing disparity between supply and demand have driven up prices. Here is what that means and what could happen next.
The target does not account for the climate impact of its customers and suppliers, leaving the company lagging the commitments of some of its rivals.
As protests in the oil-rich Central Asian country gain momentum, the events threaten to reverberate across the region.
The complex in Baytown is about 25 miles east of Houston.
Edelman has worked for Exxon Mobil and Shell while making strong public statements in favor of environmental sustainability. At a recent companywide meeting, employees had some sharp questions.
Climate misinformation is rampant on social media. Is there anything to be done?
In a historic hearing, the leaders of some of the most powerful energy companies in the world are appearing before a House panel to face questioning on climate change.
The heads of Exxon Mobil, Shell, Chevron and BP will testify Thursday in the first congressional inquiry into industry efforts to hinder action on climate change.
A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies.
The messages take aim at Democrats by name as part of a broad effort to undermine landmark climate legislation that now hangs in the balance in Congress.
Investors, weighing the prospect of the Federal Reserve preparing to reduce its purchases of government debt, sold off bonds, pushing the 10-year’s yield to its highest level since June.
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.
A large, contaminated tract of Liberty State Park in New Jersey will be cleaned and cleared for trails, sports fields and wetlands.
Newtown Creek, a polluted waterway, is set to be dredged, meaning the end of an era for the adventurous community it inspired.
An activist investment firm won a shocking victory at Exxon Mobil. But can new directors really put the oil giant on a cleaner path?
The energy giant’s stunning loss was the work of a tiny hedge fund that believes investing for social good is also good for the bottom line.
The new board member is likely to join two other candidates put forward by an activist investor who were declared winners last week.
Diversifying beyond oil and gas will benefit everyone.
The oil giant’s unexpected boardroom defeat by an activist investor hinged on a few key moments.
The tension between climate goals and lifting Exxon Mobil’s profits could make it difficult for activists to make progress.
Shareholders elected at least two of the four directors nominated by a coalition of investors that said the oil giant was not investing enough in cleaner energy.
The oil company will hold a contested election for four board seats at its annual shareholders meeting on Wednesday.
A new report shows that a surprisingly small number of big companies and banks are behind the manufacturing and financing of much of the world’s single-use plastic.
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.
Let’s have an honest conversation about GameStop.
The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less.
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.
The comptroller’s threat to pull billions from fossil fuel investments is a big victory for climate activists.
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.
There is heartbreak almost everywhere you look, our columnist says, but the stock market usually rises anyway.
The president claims you have to make a choice, but you don’t.
While BP and other European companies invest billions in renewable energy, Exxon and Chevron are committed to fossil fuels and betting on moonshots.
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.
Federal prosecutors in Manhattan are investigating a global hacker-for-hire operation that sent phishing emails to environmental groups, journalists and others.
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.
Shareholders at JP Morgan Chase should block a former Exxon chief from another term on the bank’s board.