ESG/Investment
News
September 20, 2018
ExxonMobil said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change.
News
September 12, 2018
Europe’s largest oil companies must roughly double the amount of money they’re now dedicating to “new energies” by the end of the decade to meet key climate targets, according to a report from JPMorgan Chase & Co. that suggests the challenge facing the fossil fuel industry has been vastly underestimated.
News
September 10, 2018
Mexico’s next president Andres Manuel Lopez Obrador will allocate 75 billion pesos ($3.9 billion) in the budget next year to oil extraction in a bid to resuscitate flagging output.
News
August 07, 2018
Last week, President Trump proposed gutting California’s unique ability to write greenhouse gas emission limits for cars and trucks.
News
July 30, 2018
TransCanada Corp.’s proposed Keystone XL oil pipeline won a relatively positive review from the U.S. State Department, which found that the conduit’s approved route would have no significant environmental impacts.
News
July 24, 2018
A new training initiative to help prevent oil and gas incidents by focusing on human behaviors has been launched free to industry by the International Well Control Forum (IWCF).
News
June 29, 2018
To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less.
News
June 13, 2018
A group of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to climate change.
News
February 16, 2018
Three of the world’s biggest oil companies called on Norway to help maintain funding for carbon capture and storage technology that is stagnating amid concerns about whether it can ever be cost-effective.
News
February 02, 2018
With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui & Co. will come as a relief to Petroleos Mexicanos.
News
May 18, 2017
The Alberta Securities Commission is reviewing an environmental group’s request to halt a $1.28 billion share sale that Kinder Morgan Inc. plans to help finance the expansion of its Trans Mountain pipeline.
News
May 12, 2017
Occidental Petroleum Corp.’s shareholders approved a proposal Friday to require the oil and gas exploration company to report on the business impacts of climate change, marking the first time such a proposal has passed over the board’s objections.
News
May 10, 2017
The Bureau of Safety and Environmental Enforcement provided the latest details on its efforts to improve oil spill response technologies at the Arctic Oil Spill Response Research and Technology Workshop April 26.
News
May 02, 2017
BP Plc’s net debt rose again in the first quarter, reaching the highest level in at least a decade as payments linked to the Gulf of Mexico oil spill countered an almost threefold jump in profit.
News
May 02, 2017
Lundin Petroleum AB has announced the release of its Sustainability Report 2016.
News
April 28, 2017
The American Petroleum Institute’s Global Industry Services department (API Global) released two new safety standards: API Standard 16AR - Standard for Repair and Remanufacture of Drill-through Equipment and API Standard 18LCM - Product Life Cycle Management System Requirements for the Petroleum and Natural Gas Industries.
News
April 28, 2017
President Donald Trump is moving aggressively to expand offshore oil drilling and to reconsider rules that safeguard the activity.
News
April 27, 2017
Anadarko Petroleum Corp. dropped the most since August after the oil and natural gas explorer said it will shut more than 3,000 Colorado wells as part of an investigation into a deadly house explosion.
News
April 26, 2017
Endangered killer whales in the waters west of Seattle face heightened risk from an increased traffic of tankers that will carry oil from Kinder Morgan Inc.’s $5.4 billion Trans Mountain Pipeline expansion, two Native American organizations claim in a federal lawsuit.
News
April 25, 2017
Abu Dhabi National Energy Co. had its credit rating cut one level to A- by Standard & Poor’s, which cited what it sees as increased risks to state support for the utility known as Taqa.
News
April 20, 2017
BP Plc’s 2010 Gulf of Mexico oil spill caused damage to beaches, animals, fish, and coral that the public values at $17.2 billion, according to a financial accounting released on the seventh anniversary of the disaster.
