In recent years, OPEC's power to set prices was undermined by the development of shale supply in the continental U.S., but reinforced by OPEC's alliance with Russia and other exporters under the OPEC+ umbrella.7 Governments, oil companies, and speculators, continue to pay close attention to...
By now, most people have heard of the apparent scandal of internal documents having been discovered at major oil companies, mainly Exxon, showing that they knew all about how their product was resulting in global warming with the potential for catastrophic economic and environmental harm. You can ...
environmentally minded shareholders are also targeting corporations. They're going after consumer businesses, internet companies and others that don't first come to mind as big polluters, pressing them to disclose their vulnerability to climate change—and improve on their plans. ...
affecting the dispute. However, they will not be included in the focus of this study. This article singles out oil companies as one important factor and argues that the participation of multinational oil companies in the South China Sea further internationalizes the dispute and increases ...
Consequently, the recoverable reserves decrease and much of the recoverable oil remains in place (Kang et al., 2014). In this situation, the oil companies try to increase the recovery rate from mature oil fields with enhanced oil recovery (EOR) technologies (Madani et al., 2019). According ...
While shareholder resolutions at major oil companies may seem like esoteric business issues, they are actually one of the few ways that environmentalists, through various shareholder groups, are able to wield influence over the behavior of fossil fuel giants. ...
NEW YORK (AP) — It's not just big oil and power companies that investors are pushing to do better on the environment.
The US shale oil industry faces a barrage of lawsuits alleging some of the largest companies in the sector colluded to curb output and raise prices, after similar claims were made by US antitrust regulators. ExxonMobil, Occidental Petroleum and Diamondback Energy are among the companies named in...
the next decade. Middle Eastern national oil companies (NOCs), globally integrated oil companies, independent refiners in the Asia-Pacific region, and refiners in the Commonwealth of Independent States (CIS) are well positioned, while national oil companies in Africa and Latin America and European ...
climate change will continue to put pressure on oil and gas companies to embrace the International Energy Agency's goal of achievingnet-zero by 2050. Beyond complying with regulatory mandates, though, linking reduction targets to executives' compensation may be a critical driver in affecting change...