The oil giant has switched almost overnight from the green darling of the European “majors” to arch-villain by betting the farm on oil and gas and retreating from renewables and clean-tech investment.
Pouring billions into golf,football and now the Olympics,the oil-rich Gulf state is pressing ahead with ambitious plans despite accusations of sportswashing.
Cosmic forces visit a deep-sea drilling operation in this evocative but slightly too-thin Scottish horror story.
It is one of the world’s most important markets and powerbrokers are widely split on what its future looks like.
The kingdom is desperately trying to juggle its still-vital petroleum industry with the need to get ready for a cleaner future.
The OPEC+ oil cartel’s power and influence is waning and it is being forced to make difficult choices as it grapples with a number of threats.
The future of climate-related shareholder activism may be at stake when Exxon shareholders meet for the company’s annual general meeting overnight.
Shell’s head of strategy says the chances of meeting the global carbon emissions targets depend on two crucial factors.
The oil super majors are eyeing shifting their primary stock exchange listings to New York as a stronger push to reduce fossil fuels in their home markets weighs on their share prices.
Whatever their causes,wars are usually won by the side with the most economic resources. Here’s why.
The key question for investors is whether this is just a correction in what has been quite an ebullient market – or something more threatening.