A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the

Continue readingExxon loses board seats to activist hedge fund in landmark climate vote

London, 27 May 2021 – Eni and Progressive Energy Limited have announced the signing of a framework agreement to further accelerate

Continue readingEni and Progressive Energy join forces to accelerate UK CCS development

All we can say here at ENB is wow. ESG is here to stay, get on board are get left

Continue readingThe little engine that could, and the oil giant that couldn’t

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), April and May 2021 The rapid increase in COVID-19 cases in India has led

Continue readingEIA lowers its forecast of India’s oil demand because of rising COVID-19 cases

A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark

Continue readingShell ordered to deepen carbon cuts in landmark Dutch climate case

LONDON, – Japan’s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some

Continue readingJX Nippon seeks $1.5 bln for UK North Sea oil, gas fields

MOSCOW, – Russian Deputy Prime Minister Alexander Novak on Tuesday offered to work with Saudi Arabia on hydrogen production, speaking during an online meeting of the

Continue readingRussia offers cooperation with Saudi Arabia on hydrogen production

HOUSTON/BOSTON: Exxon Mobil said on Monday it would add two more board members, including one with climate experience, just days before a

Continue readingExxon to add two new directors in battle over company’s future

China has taken a more active role in regulating bitcoin, but that won’t be a blow to bitcoin in the long-run – it

Continue readingBobby Lee Says Latest China ‘Bitcoin Ban’ Nothing to Fear and Nothing New

Brazil’s state-controlled Petrobras’ 115,000 b/d Abreu e Lima refinery (RNEST) will undergo 90 days of maintenance starting in June, putting

Continue readingPetrobras refinery slated for 3-month turnaround