ESG/Investment
Article
September 2024
As exploration and development activity increased in 2023, so did capital expenditures and mergers and acquisitions. Oil and gas companies have continued to increase their voluntary ESG disclosures.
News
September 08, 2024
The hedge fund veteran and founder of Hayman Capital Management says the backlash that’s been building against environmental, social and governance (ESG) investing in recent years is largely due to climate activists’ demands that oil and gas be abandoned here and now. As a proposition, that was never tenable or even responsible, he says.
Article
May 2024
The never-ending ESG roller coaster
News
April 30, 2024
The divergence over ESG measurements shows up in valuations, with TotalEnergies’ stock priced at eight times earnings expected a year from now, against 12 times for U.S. giant Exxon Mobil Corp.
News
March 06, 2024
On March 6, the Securities and Exchange Commission (SEC) released its final climate disclosure rule, drawing criticism from oil and gas trade groups for it’s perceived flaws.
Article
January 2024
ESG testing drilling engineers
News
January 22, 2024
Exxon is seeking to have the proposal excluded on two counts: that it interferes with the ordinary course of business, and that shareholders have rejected similar proposals multiple times.
Article
January 2024
An innovative 5,000-hp frac platform combines intelligent electrical architecture and simplified drivetrains to increase power density and flexibility, streamline rig-up logistics and minimize carbon emissions.
Article
November 2023
The times they are-a-changin'
News
November 30, 2023
NNE became the first producer in the United States to certify an asset to EO's independent voluntary standard for high-ESG performance at the site level in 2021.
News
November 15, 2023
(Bloomberg) — ExxonMobil Corp. cautioned that branding the oil industry as “villains” and attempting to limit the supply of fossil fuels will impede progress toward achieving net zero emissions, potentially perpetuating poverty for millions in the developing world.
News
Petronas, PetroVietnam to collaborate on upstream, renewable energy, and decarbonization initiatives
November 15, 2023
(WO) — Petronas has signed an agreement with Vietnam Oil and Gas Group (PetroVietnam) to explore potential collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam.
News
October 18, 2023
Texas Attorney General Ken Paxton’s office said it’s reviewing whether 10 financial companies, including Bank of America Corp. and JPMorgan Chase & Co., violate a Republican-backed state law that punishes firms for restricting their work with the oil and gas industry because of climate change concerns.
News
October 09, 2023
Ozona CCS LLC has reached a definitive agreement with a private landowner to lease 5,722.79 contiguous acres of pore space in Loving County, Texas, for the purpose of drilling multiple commercial carbon dioxide (CO2) sequestration wells in the Permian basin.
News
October 05, 2023
Sawan, who took over as CEO from Ben van Beurden earlier this year, has said that Shell must undergo a “fundamental culture shift” to regain investor confidence. He has also stated that the company needs a “ruthless” focus on capital allocation and should only invest in low-carbon operations that have a clear pathway to profitability.
Article
September 2023
The growing decarbonization movement
Article
September 2023
The extension of the operational lives of deepwater SCRs offers significant benefits in terms of increased production, cost-effectiveness and alignment with ESG principles.
News
August 31, 2023
Since first installed on Shell's Auger platform in 1994, deepwater steel catenary production risers (SCRs) have been an integral part of offshore oil and gas production facilities. In nearly three decades, hundreds of SCRs have been deployed throughout the industry, as they have proved to be cost-effective and highly reliable.
News
August 30, 2023
The platinum medal award – the highest rating available from EcoVadis – follows Neptune’s best ESG rating by Sustainalytics in April this year.
