Exxon Mobil Corp. (NYSE:XOM) can proceed with its lawsuit against Arjuna Capital even after the activist investor group withdrew a shareholder proposal the company opposed, a federal judge ruled.
Calpers, the largest state public pension fund in the US, will vote against all Exxon Mobil Corp. (NYSE:XOM) directors, saying the oil giant is undermining shareholder rights.
An activist investor fund is reportedly urging BP (LON:BP) to abandon its commitments to reduce oil and gas output and other parts of its clean energy strategy.
Investors including activist group Follow This filed a resolution to pressure TotalEnergies (PARIS: TTE) to vote for more ambitious emissions targets when the company holds its annual general meeting next month.
ExxonMobil activist investor Engine No. 1 expanded its presence on the oil giant’s board to three seats, according to preliminary vote tallies, cementing a victory that has reverberated across the energy industry.
An unprecedented fight over who should sit on the board of ExxonMobil is turning into a referendum on chief executive Darren Woods as a decades-long struggle by climate campaigners comes to a head.
New World Oil & Gas is reducing its cost base and chasing debts, but has failed to make progress with its Belize operation since October last year it said today.