fossil fuels

The little engine that could, and the oil giant that couldn’t

Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed…

5 years ago

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

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

Oil drillers and Bitcoin miners bond over natural gas

On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads…

5 years ago

End new oil, gas and coal funding to reach net zero, says IEA

Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions…

5 years ago

EU lawmakers give final approval to bloc’s green transition fund

The European Parliament on Tuesday formally approved the European Union's multi-billion euro fund to support countries as they wind down…

5 years ago

Asia snubs IEA’s call to stop new fossil fuel investments

Asian energy officials on Wednesday disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal…

5 years ago

Ditch new fossil fuel spending to reach net zero emissions – IEA

Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions…

5 years ago

Carbon emissions drop across Europe in 2020 – Eurostat

Carbon emissions from use of fossil fuels fell across the European Union last year, the bloc’s statistics office estimated on…

5 years ago