Archive

  • Total becomes next oil major to feel shareholder climate pressure

    29 May 2020

    French supermajor Total has become the latest oil firm to face rising pressure from shareholders at its annual general meeting (AGM) over it environmental ambitions.

  • Shell climate resolution support welcomed by green investor group

    19 May 2020

    Support for a shareholder resolution demanding Anglo-Dutch oil supermajor Royal Dutch Shell set carbon intensity targets more than doubled compared with a similar resolution in 2018, but still failed to secure enough votes to pass.

  • Green investor group hails Equinor climate resolution progress

    15 May 2020

    Support for a shareholder resolution demanding Norwegian oil company Equinor to set carbon intensity targets more than doubled, but majority owner, the state of Norway, kiboshed the proposal.

  • Oil majors accused of using CA100+ as 'fig leaf' to disguise inaction

    11 May 2020

    Oil supermajors have been accused of using joint statements with investor initiative Climate Action 100+ (CA100+) as a means to disguise limited action on emissions reductions.

  • Shell dividend cut sends shockwaves through oil & gas sector

    30 April 2020

    Oil major Royal Dutch Shell has slashed its dividend for the first time since 1945, sending "shockwaves" through the oil & gas sector.

  • Oil price crash 'will not derail energy transition'

    30 April 2020

    The writing is on the wall for the oil and gas sector, BNP Paribas Asset Management's climate change research head tells Ahren Lester

  • Total faces shareholder resolution to reduce carbon emissions

    16 April 2020

    A group of 11 investors have filed a shareholder resolution at Total, calling on the oil major to set carbon emission reduction targets in line with the Paris Agreement.

  • Rio Tinto warns industry lobby on thermal coal advocacy

    27 March 2020

    Mining giant Rio Tinto has delivered a dusting down to a significant Australian industry lobby for its support for thermal coal, as part of its review of the industry associations it wants to belong to.

  • HSBC: Risk of stranded assets in oil and gas 'very limited'

    22 January 2020

    HSBC has downplayed the risk of 'stranded assets' in the oil and gas sectors, pointing to the likelihood of continuing reliance on the industry for decades

  • Investors welcome strengthened Anglo American climate lobbying policy

    23 December 2019

    Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.