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EcoAct snaps up Carbon Clear
19 July 2017EcoAct, a Paris-based climate change advisory firm, has acquired Carbon Clear of the UK for an undisclosed sum.
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Oil & gas companies risk $2.3trn in stranded assets
21 June 2017$2.3 trillion of future upstream investments by 69 oil & gas companies is at risk of becoming stranded assets, according to a new report by Carbon Tracker Initiative and the Principles for Responsible Investment (PRI).
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Devon shareholders reject climate resolution
08 June 2017Shareholders of US oil company Devon Energy have voted against a resolution calling on the company to do more to report on climate change at its annual general meeting (AGM).
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Shareholder climate success at Exxon
31 May 2017A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.
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Repsol's green bond: exploring the controversy
19 May 2017Spanish oil & gas company Repsol issued a controversial green bond that immediately raised concerns, mainly because it represents more investment in production that results in more carbon emissions, even if more efficiently. Marcio Viegas assesses the controversy
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Oil companies beginning to act on climate change, says report
15 May 2017Some of the largest global oil and gas companies such as Statoil, Eni and Total are beginning to act on climate change. However, laggards like ExxonMobil are considerably behind these companies, according to a report from major investors.
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Europe's oil and gas companies better prepared for low-carbon than US, says CDP
22 November 2016European oil and gas companies have outperformed their US counterparts in preparedness for a low-carbon future by beginning to invest in alternative energy sources and shifting to gas, according to a report by CDP.
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Energy storage secures $100m for project financing
16 August 2016Energy storage firm Stem has received an injection of $100 million into its project financing facility, from private investment company Starwood Energy Group.
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Investors are optimistic about Exxon and Chevron climate change resolutions
20 May 2016Investors are optimistic of a "positive" result for two shareholder resolutions on climate change at ExxonMobil and Chevron ahead their annual general meetings next week, despite opposition from the companies' boards.
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Oil majors would add value by focussing on low-carbon assets, says CTI
09 May 2016Major oil and gas companies could be worth significantly more by aligning their investment plans with a 2°C climate change target rather than pursuing business as usual, according to the Carbon Tracker Initiative (CTI).