Chevron Corp shareholders on Wednesday voted to approve a proposal demanding that the company issue a report on its climate change related lobbying activities, a major win for activists against big oil.
BP's new chief executive said the impact of the coronavirus pandemic has deepened his commitment to shrinking the oil giant's carbon footprint to zero.
Trump said Friday that oil "demand is coming back" even as industry analysts predicted that global oil production could collapse by the largest amount in history in the coming months.
Five years ago, members of the Rockefeller family walked away from the fossil fuels that made them rich, alarmed that burning oil and gas was causing climate change. Now it also seems like a smart financial move.
Is Louisiana's long political acceptance of wetlands destruction, pollution and a seesaw economy controlled by a global commodity really about jobs and making America energy independent - or just about oil and gas company profits?
The ongoing transition to low-carbon energy sources may accelerate as economies recover from the impact of the coronavirus crisis, the head of oil and gas company Royal Dutch Shell says.
The increasing pressure on the Australian gas industry to do more to deal with the climate crisis has been underlined by more than 50% of Woodside shareholders calling on the company to set science-based greenhouse gas targets.
Gas flares rise up from the refinery at the edge of town. To Jesus Alonso, the 85-year-old facility owned by Kern Oil & Refining Co. is a bracing symbol of environmental damage in Kern County, where three-quarters of California oil is produced.