How Big Oil’s big money influences climate research
A new study offers the first comprehensive look at the ties between fossil fuel companies and universities.
Exxon Mobil
Big Oil faces a slew of climate lawsuits — and they’re moving closer to trial
Industry representatives have characterized the lawsuits as a “waste of taxpayer resources” and contended that climate change should be addressed by Congress, not the courts.
Petrochemical companies have known since the 1980s that plastics recycling wouldn’t work
A recent report by the non-profit Center for Climate Integrity chronicles a “decades-long campaign of fraud and deception” from Big Oil and the plastics industry to promote recycling as a solution to the plastic pollution crisis.
Amid surging oil prices, another massive corporate buyout among major producers
The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion.
Calgary hosts captains of industry for oil-producing nations petroleum congress
Hundreds of executives and government officials from oil-producing nations around the world are gathering in Calgary this week, against the backdrop of growing global pressure to reduce greenhouse gas emissions.
Shell rakes in record profits as war drives up energy costs
Global energy giant Shell said on Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine.
Lobby group tries to sell the world on gas as ‘green’ answer to energy security
The international gas lobby playbook hinges on rebranding planet-warming natural gas as green and key to energy security, new documents reveal.
Soaring energy prices ups pressure for windfall tax in Britain and U.S.
BP’s earnings more than doubled in the third quarter as the London-based energy giant benefited from high oil and natural gas prices following Russia’s invasion of Ukraine.
Residents fear rising damage as natural gas expands in Gulf of Mexico
The front lawn of Lydia Larce’s home is strewn with debris: Remnants of cabinets and chunks of pink shower marble lie between dumpsters. She lives in a FEMA trailer out back, her home in shambles more than a year after Hurricane Laura tore through Lake Charles.
Environmental groups suing Jason Kenney say the foreign influence he accused them of is actually in Big Oil
The Kenney government’s two-year, $3.5-million inquiry into the foreign funding of environmental organizations found no “suggestion of wrongdoing on the part of any individual or organization.”
Big Oil gets grilled in Washington
During a hearing Thursday, Democrats compared Big Oil's tactics to those long deployed by the tobacco industry to resist regulation “while selling products that kill hundreds of thousands of Americans."
Canada’s Imperial Oil vows disclosure after parent Exxon shares new pollution data
Exxon bowed to investor pressure and released information this week showing the carbon pollution that is generated when its products are used.
Exxon to cut production as oil prices plummet
Exxon Mobil said on Thursday, March 5, 2020, it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut planned capital expenditures as the spreading coronavirus saps energy demand.
World's largest investor, BlackRock, joins climate action group
World’s largest investor signs up to Climate Action 100+ after criticism from activists
Exxon Mobil wins lawsuit over climate regulations
Exxon Mobil won on Tuesday, December 10, 2019, in a closely watched lawsuit over the costs of climate change, with a judge saying there was no proof the energy giant duped investors about the toll that regulations could take on its business.