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Stocks of energy firms on rise over vaccine hopes
- Shares of oil giants, including Chevron, ExxonMobil and Equinor, rise by at least 5%
ExxonMobil reports $680M loss in third quarter of 2020
- Revenue for third quarter was recorded as $46.2 billion, 41,7% increase from $32.6 billion in second quarter
ExxonMobil plans reduction to US staffing levels
-Company will slash approximately 1,900 jobs in its management offices in Houston, Texas
ExxonMobil CEO warns of job cuts amid low oil demand
- Reduced demand is roughly five times the decline seen with 2008 financial crisis, says Darren Woods
ExxonMobil to axe 1,600 jobs in Europe
- Company says pandemic-related demand loss increases urgency for cost reduction plans
EC proposes 55% target for emissions by 2030
-New proposal is more ambitious than Commission's current goal of 40%
ExxonMobil posts $1B net loss, 52% revenue fall in 2Q20
- Capital and exploration expenditures were $5.3 billion in second quarter, nearly $2 billion lower than first quarter
01.08.2020
Oil
De-growth only solution to tackle climate change: Expert
- Restraining population growth, consumption per capita is way to tackle climate change, climate scientist tells Anadolu Agency
Total announces zero carbon emission goal by 2050
- Firm aims to cut carbon and net zero emissions in three steps from its operations and energy products sold to Europe
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EU carbon market emissions fall 8.7% in 2019
-Renewable and gas-fired generation rise leads to 15% fall in power industry emissions covered by EU Emissions Trading System
05.05.2020
Europe
ExxonMobil lowers capital spending by $10B amid virus
- Revenue came in at $56.16 billion for first quarter -- down 11.7% from $63.62 billion for same period last year
Oil majors prepare for further fall in prices
- Oil prices hit their lowest levels in around 17 years as coronavirus pandemic continues to weaken global oil demand
Oil giants post $495B weekly value loss with low prices
- Six major US oil firms see their market cap decrease by total of $97 billion in five days
15.03.2020
Oil
ExxonMobil net income declines more than 30% in 2019
- For full year of 2019 revenue came 8.7% lower than previous year
Microsoft to be 'carbon negative' by 2030
- Company seeks to remove all carbon from environment it emitted since its founding by 2050
17.01.2020
Renewable
ExxonMobil makes 15th oil discovery in offshore Guyana
- Discovery adds to current resource estimate of more than six billion barrels of oil equivalent
Wildlife defense group urges ‘greater’ climate action
- 'Acting against growing loss of nature, promoting nature-based solutions to help us end climate crisis,' says wildlife NGO
12.12.2019
General
Besides emissions, carbon must stay in ground: Thunberg
- 'We need real drastic emission cuts at source but of course just reducing emissions is not enough,' says Swedish activist
ExxonMobil net income, revenue down in third quarter
- Net income falls by 49.2%, while US upstream earnings decline 94% year-over-year
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ExxonMobil's climate change trial begins in New York
- Energy giant is accused of deceiving investors
Qatar to store more than 5M tons of CO2 a year by 2025
- Country expanding carbon capture and storage facility while increasing liquefied natural gas capacity
Putin to discuss possible cooperation with ExxonMobil
- We hope that president will be able to communicate separately with head of ExxonMobil, Peskov says
Danish N. Sea oil growth plans clash with emission aims
- Country risks failing climate mission if new North Sea projects are developed, Oil Change International report says
World needs more energy with less emission
- Causes of the Great Depression is eerily familiar with today, says Indian economist Ajay Chhibber
BP uses drones to monitor North Sea methane emissions
- Specialist drone to be deployed to all of BP's North Sea assets in 2020
India causing concern over high SO2 emission, pollution
- Greenpeace refers to NASA data to show world's biggest sulphur dioxide emitters that are risking lives via poor air quality
Climate breakdown: One of world's greatest human rights issues
- U.S. 2017 withdrawal from Paris Climate Agreement, approach on climate issue 'utterly shameful', says activist
European cement firms urged to be more climate friendly
- Cement responsible for 7% of global man-made carbon dioxide emissions