The UK’s Universities Superannuation Scheme and Borders to Coast plan to vote against the renewal of some directors at Shell and BP at their annual meetings if the companies don’t improve their commitments to carbon emission reductions, the Financial Times reported, citing representatives from pension funds.
Investment fund Crystal Amber has claimed that prospects for the flagship Hurricane Energy Lancaster field may be better than have been presented, and that it could sustain production to 2025.
Activist investors have grabbed headlines in recent months with calls to break up major energy players – but will this help or hinder their energy transition efforts?
The boardroom battle between PetroNeft and activist investor Natlata Partners continues, with the Irish-registered company issuing a restriction notice preventing Natlata attending its EGM in Dublin later this month.