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Viewsroom: Big Oil's global blow

A small activist fund upended Exxon Mobil’s board while Shell was dealt a setback in a Dutch courtroom. At the same time, Chevron shareholders backed a proposal to cut more emissions. The interests of both stakeholders and shareholders are rapidly aligning in fossil fuels. ....

Exxon Mobil , எக்ஸான் மொபில் ,

China gives companies 'urgent notice' in oil import probe


Shu ZhangChen Aizhu
1/3
Men wearing face masks walk past a sign of China National Offshore Oil Corp (CNOOC) outside its headquarters in Beijing, China March 8, 2021. REUTERS/Tingshu Wang
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China gave five state-owned companies until Thursday to report on their historic use of imported oil as part of a broader effort by the world s largest oil importer to control shipments as domestic supplies swell.
In an urgent notice dated May 25 and reviewed by Reuters, the National Development and Reform Commission (NDRC) requested that Sinopec Group, China National Offshore Oil Corp (CNOOC), Sinochem Group, ChemChina, and China North Industries Group provide years worth of information on their crude usage since they began importing. ....

Thomson Reuters Trust Principles , National Development , Energy Aspects , Sinopec Group , Reform Commission , Sinochem Group , China National Offshore Oil Corp , China North Industries Group , Thomson Reuters Trust , M Ez , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , தேசிய வளர்ச்சி , ஆற்றல் அம்சங்கள் , சீர்திருத்தம் தரகு , சீனா தேசிய கடல் எண்ணெய் கார்ப் , சீனா வடக்கு தொழில்கள் குழு , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Oil giants' setbacks turn BP from tortoise to hare


George Hay
4 minute read
BP-branded gifts are displayed at an event in London, Britain, February 12, 2020. REUTERS/Toby Melville
Bernard Looney must be feeling pretty smug. Since proudly unveiling his plan to pivot the UK oil group away from fossil fuels last September, the BP (BP.L) chief executive has watched the company’s share price underperform European and American rivals. Following the triple whammy that has hit the oil industry in little more than a week, that discount should disappear.
Right now, it’s not totally clear how Exxon Mobil’s (XOM.N) strategy will change as a result of activist investors installing at least two new directors on the company’s board on Wednesday. Nor is it certain whether a Dutch court’s ruling on the same day that Royal Dutch Shell (RDSa.L), must reduce its greenhouse gases by 45% by 2030 will apply only to the 116 million tonnes a year emitted in the course of the Anglo-Dutch group s production processe ....

United States , La Francaise , Midi Pyrées , United Kingdom , Bernard Looney , Exxon Mobil , Royal Dutch Shell , International Energy Agency , Meeschaert Asset Management , ஒன்றுபட்டது மாநிலங்களில் , லா வெளிப்படையான , ஒன்றுபட்டது கிஂக்டம் , பெர்னார்ட் லூனி , எக்ஸான் மொபில் , அரச டச்சு ஷெல் ,