Exxon, Chevron, BP and Others Called to Testify on Climate Disinformation

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.

#american-petroleum-institute, #bp-plc, #chevron-corporation, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #house-committee-on-oversight-and-government-reform, #manchin-joe-iii, #oil-petroleum-and-gasoline, #royal-dutch-shell-plc, #rumors-and-misinformation, #united-states-chamber-of-commerce, #united-states-politics-and-government

He’s Still Fighting Developers for the Park His Father Founded

A large, contaminated tract of Liberty State Park in New Jersey will be cleaned and cleared for trails, sports fields and wetlands.

#department-of-environmental-protection-nj, #exxon-mobil-corp, #golf, #jersey-city-nj, #liberty-island-nyc, #liberty-national-golf-club-jersey-city-nj, #liberty-state-park, #parks-and-other-recreation-areas, #sam-pesin, #statue-of-liberty, #volunteers-and-community-service

Is the Party Over for New York’s Outlaw Houseboats?

Newtown Creek, a polluted waterway, is set to be dredged, meaning the end of an era for the adventurous community it inspired.

#boats-and-boating, #department-of-small-business-services-nyc, #environmental-protection-agency, #exxon-mobil-corp, #gentrification, #gowanus-canal-brooklyn-ny, #newtown-creek-brooklyn-queens-ny, #superfund, #waste-materials-and-disposal, #water-pollution

The Little Hedge Fund Taking Down Big Oil

An activist investment firm won a shocking victory at Exxon Mobil. But can new directors really put the oil giant on a cleaner path?

#2021-climate-issue, #alternative-and-renewable-energy, #boards-of-directors, #carbon-capture-and-sequestration, #content-type-personal-profile, #engine-no-1-gp-llc, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hedge-funds, #hydrocarbons, #james-chris-hedge-fund-manager, #oil-petroleum-and-gasoline, #penner-charlie-1972, #shareholder-rights-and-activism

Exxon Mobil Defeated by Activist Investor Engine No. 1

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.

#blackrock-inc, #boards-of-directors, #engine-no-1-gp-llc, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hedge-funds, #oil-petroleum-and-gasoline, #shareholder-rights-and-activism, #state-street-corporation, #vanguard-group-inc

Exxon Board to Get a Third Activist Pushing Cleaner Energy

The new board member is likely to join two other candidates put forward by an activist investor who were declared winners last week.

#alternative-and-renewable-energy, #boards-of-directors, #engine-no-1-gp-llc, #exxon-mobil-corp, #oil-petroleum-and-gasoline, #shareholder-rights-and-activism

The ‘Mean Greens’ Are Forcing Exxon to Clean Up Its Act

Diversifying beyond oil and gas will benefit everyone.

#alternative-and-renewable-energy, #carbon-capture-and-sequestration, #energy-and-power, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline

How Exxon Lost a Board Battle With a Small Hedge Fund

The oil giant’s unexpected boardroom defeat by an activist investor hinged on a few key moments.

#boards-of-directors, #engine-no-1-gp-llc, #exxon-mobil-corp, #oil-petroleum-and-gasoline, #shareholder-rights-and-activism, #stocks-and-bonds, #woods-darren-w-1965

Activists Crashed Exxon’s Board, but Forcing Change Will Be Hard

The tension between climate goals and lifting Exxon Mobil’s profits could make it difficult for activists to make progress.

#alternative-and-renewable-energy, #boards-of-directors, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #executives-and-management-theory, #exxon-mobil-corp, #fink-laurence-d, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #stocks-and-bonds, #woods-darren-w-1965

Exxon Mobil to Square Off With Climate Change Activists

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.

#alternative-and-renewable-energy, #engine-no-1-gp-llc, #exxon-mobil-corp, #oil-petroleum-and-gasoline, #woods-darren-w-1965

Exxon Mobil Faces Off Against Activist Investors on Climate Change

The oil company will hold a contested election for four board seats at its annual shareholders meeting on Wednesday.

#alternative-and-renewable-energy, #engine-no-1-gp-llc, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #hedge-funds, #oil-petroleum-and-gasoline, #stocks-and-bonds, #woods-darren-w-1965

Here Is Who’s Behind the Global Surge in Single-Use Plastic

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.

#china-petroleum-and-chemical-corporation-sinopec, #dow-chemical-company, #exxon-mobil-corp, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #plastics, #pollution, #recycling-of-waste-materials

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

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

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

‘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

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

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

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

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

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

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

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

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

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