Royal Dutch Shell Archives - Environment + Energy Leader

Oil Giants Say New York City’s Suit Targeted at Them is Aimless

January 15, 2018January 31, 2018 by Ken Silverstein

New York City is suing BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell, saying that each has contributed to global warming and has cost the city billions of dollars as it has tried to mitigate the harm done from such things as deviant weather patterns. The oil giants, though, are firing back, noting that they are on board with

Exxon’s Climate Strategy Will Become Increasingly More Transparent

December 12, 2017 by Ken Silverstein

Exxon Mobil Corp. said on Monday that it is moving forward with a plan to reveal to its stakeholders how it expects climate change will impact its business plans going forward.

How Firm Is Big Oil’s Backing of a Republican-led Carbon Tax?

June 21, 2017July 17, 2017 by Ken Silverstein

Exxon Mobil, BP, Royal Dutch Shell and Total S.A. backed a Republican-led plan to tax carbon emissions on Tuesday.

Big Industry Supports Singapore’s Plans to Implement a Carbon Tax

February 21, 2017February 22, 2017 by Ken Silverstein

Singapore has plans to implement a carbon tax starting in 2019 and big industry says that it supports the measure.

BP Advocates for Putting a Price on Carbon

January 30, 2017January 30, 2017 by Ken Silverstein

BP is saying in its annual energy outlook that governments internationally need to put a price on carbon to increase the percentage of renewables, natural gas and energy efficiency.

US Reps to Oil Giants: Did You Fund Climate Change Denial?

December 14, 2015 by Jessica Lyons Hardcastle

CEOs of major fossil fuel companies — including ExxonMobil, Chevron, Shell, ConocoPhillips, Peabody Energy and BP — have received letters from a group of US congress people asking them if they were involved in efforts to “spread disinformation about climate science.” The letter, signed by 45 Democratic representatives, follows a ... Read more »

Shell Takes $2.6bn Hit from Ending Arctic Drilling Operations

October 29, 2015 by Karen Henry

Shell reported a $6.1 billion loss on its third quarter 2015 earnings — 216 percent lower than the same quarter a year ago — after announcing announcing it will cease further exploration activity in offshore Alaska for the foreseeable future. Earnings per share for the third quarter of 2015 plummeted ... Read more »

Shell Boss: Global Carbon Price Needed

October 8, 2015October 8, 2015 by Jessica Lyons Hardcastle

Shell CEO Ben van Beurden says governments should put a price on carbon, which will then drive the “right behavior of consumers and producers” in terms of tackling climate change. The oil giant’s boss, speaking at a conference yesterday, said heavy industry, heavy-duty transport, chemicals and other industries will continue ... Read more »

Oil Giants Form Climate Lobbying Group

September 29, 2015September 29, 2015 by Karen Henry

Shell, Schneider Electric and the Rocky Mountain Institute introduced the Energy Transitions Commission at the Fortune Brainstorm E Conference in Austin, Texas. The commission was formed to develop actionable insights to help energy decision-makers sustain economic growth while also mitigating climate change. Commissioners come from the following energy companies, renewable ... Read more »

Shell Ends Arctic Drilling Operations

September 29, 2015September 28, 2015 by Jessica Lyons Hardcastle

Shell has abandoned its Arctic drilling operations, yesterday announcing it will cease further exploration activity in offshore Alaska for the foreseeable future. The decision comes as the oil giant has been under increasing pressure from environmentalists and businesses to halt its drilling operations in the Arctic Ocean. After exploring the ... Read more »

Shell Exits Climate Change Corporate Leaders Group

September 15, 2015September 14, 2015 by Jessica Lyons Hardcastle

Royal Dutch Shell is no longer a member of the Prince of Wales’s Corporate Leaders Group — a leading climate change advocacy group it helped start 10 years ago. Shell’s departure comes as environmentalists increasingly call for the oil company to halt its drilling operations in the Arctic Ocean. A ... Read more »

Nasdaq Sustainability Index: Which Companies Are In/Out?

June 1, 2015May 29, 2015 by Jessica Lyons Hardcastle

The Nasdaq OMX Group and CRD Analytics have announced the results of the semi-annual re-ranking of the Nasdaq OMX CRD Global Sustainability Index. The following nine securities will be added to the Index: Adobe Systems, Autodesk, Campbell Soup Company, Consolidated Edison, DirecTV, FedEx, NRG Energy, Tesla Motors and Verizon. As ... Read more »

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