By pledging an “unwavering focus” on creating value for shareholders, BP admitted its renewable crusade was a failure and exposed the rotten core of ESG.
Using that methodology, CalPERS categorized about 1% of its Saudi Aramco holdings as climate-friendly, along with stakes in PetroChina, Marathon Petroleum, cement producers, chemical manufacturers and other high-emission industries that have pursued some climate-related initiatives.
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.
BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth through 2027. See why BP is a Hold.
Chevron's growth initiatives and cost-cutting measures signal future cash flow growth. Read more about CVX stock here.
The U.S. Supreme Court has refused to entertain a petition from 19 Republican-led states to prevent lawsuits by five Democratic-led states against large oil firms. These lawsuits, targeting companies like Exxon and Chevron,
Cimic Group company UGL has won several new contracts and contract extensions with existing clients in Western Australia, that will provide approximately A$150 million (US$94.62 million) in revenue for UGL across multiple years.
BP CEO Murray Auchincloss earned 143 times more than the average British worker last year, laying bare the financial inequality at the heart of the energy crisis
In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands against other best dividend stocks to buy according to billionaires. Dividend stocks have been ...
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