energy

Exxon loses board seats to activist hedge fund in landmark climate vote

A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members…

5 years ago

Shell ordered to deepen carbon cuts in landmark Dutch climate case

A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark…

5 years ago

EXCLUSIVE Delta Air makes $350 million gamble as it lobbies Biden on fuel credits

Delta Air Lines Inc (DAL.N) has stopped buying the credits its oil refining arm needs to comply with U.S. biofuel…

5 years ago

Biden’s EV metals import plan unlikely to match climate goals -executives

The Biden administration's plan to rely on ally nations for most of the metals needed to build electric vehicles ignores…

5 years ago

Bitter shareholder battle for Exxon’s future nears climax

Exxon Mobil Corp’s (XOM.N) bid to stave off a tiny activist fund challenging its board and response to growing climate…

5 years ago

Canada’s top pension funds boost investments in high-carbon oil sands

Canada's biggest pension managers boosted their investments in the country's major oil sands companies in the first quarter of 2021,…

5 years ago

Oil steady as demand optimism offsets worries of Iranian supply

Oil was steady on Wednesday, trading in a narrow range, supported by optimism about improving U.S. fuel demand and a…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

Nord Stream 2 sanctions would be ‘counter-productive’ for European ties – Biden

U.S. President Joe Biden on Tuesday said he decided to waive sanctions against the company behind the Nord Stream 2…

5 years ago

Exclusive: BlackRock backs 3 director nominees challenging Exxon board -sources

BlackRock, Exxon Mobil Corp's (XOM.N) second largest shareholder, is backing several of upstart hedge fund Engine No. 1's candidates to…

5 years ago