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...The Norwegian oil fund voted in favour of a Follow This proposal at Exxon’s annual meeting last May to adopt a medium-term greenhouse gas reduction plan....
...Guterres said the plans “clearly fall short of what is required”....
...Exxon is leading a fightback by the petrochemicals industry against plans to cap the production of plastics ahead of UN talks on the first legally binding treaty aimed at cutting pollution....
...ExxonMobil plans to boost oil and gas production by about 10 per cent to 4.2mn barrels a day by 2027, as the US oil supermajor ramps up investments in key operations in Guyana and the Permian Basin....
...Investors have withdrawn a climate resolution at ExxonMobil after the oil supermajor sued them, in a retreat likely to have a chilling effect on similar forms of shareholder activism....
...The medical tourism component was “creative”, he added, emphasising that the key was to make “a live rhino worth more than a dead rhino”....
...“There’s always things that are happening — it’s a big business — but we delivered on the plan.”...
...“With this remarkable step, ExxonMobil clearly wants to prevent shareholders using their rights,” responds Mark van Baal of Follow This....
...ExxonMobil’s market capitalisation exceeds $400bn. Follow This, a Dutch climate activist group, controls shares in the oil supermajor that at last count were worth less than $4,000....
...ExxonMobil plans to drive up capital spending over the next four years, increasing oil and gas production and raising outlays for its low-carbon energy division after a period of self-imposed austerity following...
...ExxonMobil has agreed to join the UN’s flagship methane emissions reporting programme as it seeks to present a more transparent image after years of resisting external monitoring of its approach to climate...
...ExxonMobil is buying it for about $64.5bn including debt, or $253 a share....
...ExxonMobil’s highly unusual lawsuit challenging a shareholder proposal has triggered global alarm about investor rights....
...Global chief executives including Apple’s Tim Cook, ExxonMobil chair Darren Woods and HSBC’s Noel Quinn are expected to attend China’s version of Davos in Beijing this weekend, as international criticism...
...This article has been amended to clarify the status of deal talks between ExxonMobil and Pioneer Natural Resources...
...The sale is expected to be the first in a series of transactions to reduce its risk-weighted assets and comes a week after Barclays chief executive CS Venkatakrishnan laid out an ambitious plan to return...
...and the China National Offshore Oil Corporation Shares of Constellation Energy jumped more than 16 per cent to a record high after the clean energy producer shared a bullish outlook and plans to increase...
...Today, Poland’s justice minister Adam Bodnar and EU justice commissioner Didier Reynders present plans to nullify the threat, writes Paola Tamma....
...The Centers for Medicare & Medicaid Services said last month that Medicare Part D drug benefit plans will cover weight loss medicines when they are approved to treat a separate medical problem, such as heart...
...In a separate New York case, Alberto already secured the disclosure of Joseph’s medical records, with which he intends to challenge wills his father wrote in Switzerland....
...Woods said he had no plans to meet his Chevron counterpart, Mike Wirth, who will address the conference on Tuesday....
...ExxonMobil has agreed to buy Pioneer Natural Resources in a $59.5bn deal that is set to unleash a wave of consolidation in the US shale oil industry....
...“The biggest barrier is insurance companies,” said Lawrence Honig, a neurologist at New York’s Columbia University Irving Medical Center....
...In the statement, van Baal said the proposal from Follow This and Arjuna asked “for a shareholder vote to encourage the company to come up with a plan and targets to accelerate greenhouse gas reduction efforts...
...Yet Netanyahu has presented no clear plan about who will administer Gaza or maintain civil order. Still, the IDF insists the battle at al-Shifa represents its war plan in action....
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