Following President Trump’s executive order on issuing permits and promoting energy infrastructure and economic growth, energy associations reacted in support.
Read MoreOne of the nation’s largest oil and gas companies is expanding its presence in the Permian Basin with a multi-billion-dollar acquisition of Texas-based Anadarko Petroleum.
Read More(Reuters) - Chevron Phillips Chemical Co said on Tuesday it would start reporting plastic pellet spills from its chemical plants in 2019.
Read MoreLess than two weeks after Exxon Mobil became the first major oil company to agree to report plastic pellet pollution to investors, another major petrochemical company has followed suit under pressure from activist shareholders.
Read MoreUS-based oil and gas major Chevron has attempted to undercut a shareholder rebellion by announcing plans to align its business strategy with the Paris Climate Agreement, vowing to cut greenhouse gas emissions by 25% to 30%. However, the company’s promises do not fully meet investor demands.
Read MoreHOUSTON (Reuters) - Chevron Corp plans to set greenhouse gas emissions targets and tie executive compensation and rank-and-file bonuses to the reductions, the oil major said in its latest climate report released on Thursday.
Read MoreChevron Corp. vowed to cut greenhouse gas emissions in alignment with the Paris Accord on climate change, potentially averting a shareholder rebellion at its annual general meeting.
Read More"Chevron has lagged behind its peers on implementing and disclosing methane best practices for too long. Shareholders today recognize Chevron's progress, but underscore the importance of demonstrating on-the-ground change on this important climate change issue," Ms. Fugere said.
Read MoreWhat we’re hearing: The methane resolution is likely to pass the 50% mark because similar votes have passed at other companies. Getting this support likely indicates company adoption of whatever the non-binding proposal calls for.
The other vote is unlikely to pass, according to Danielle Fugere, president of nonprofit As You Sow, which filed the resolution on behalf of some Chevron investors. This is in part because it’s going a step further and asking for strategy change.
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