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Shell

Shell Greenlights World’s Deepest Production Facility

Royal Dutch Shell has finalized plans for its Gulf of Mexico oil and gas project, expected to be the world’s deepest production facility, the company announced yesterday. Shell’s ultra-deepwater oil and gas project will be located about 200 miles southwest of New Orleans in the Stones field, which is estimated … Read more »

Ceres: Exxon, Marathon, Others Give Investors Weak Reports on Drilling and Climate Risks

Ceres: Exxon, Marathon, Others Give Investors Weak Reports on Drilling and Climate Risks

Investors are not getting a clear, consistent picture of material risk from oil and gas companies, and may be exposing themselves to climate change-related risk, as fossil fuel production moves into more technologically demanding spaces, a Ceres report says. The report, “Sustainable Extraction? An Analysis of SEC Disclosure by Major … Read more »