Energy & Environment

Big Oil has operated in Russia for decades, but many companies are cutting ties in protest of the Ukraine invasion

Posted on · Due to the invasion of Ukraine, BP said it will abandon its share in Russian oil company Rosneft, while Shell announced it's ending projects with Gazprom, the majority state-owned natural gas company. Experts say that's putting pressure on Houston-based Exxon Mobil to make a similar decision.

Energy & Environment

Shell Says It Hit Peak Oil Production In 2019, Will Speed Up Move To Net-Zero Emissions Products

Posted on · Royal Dutch Shell also says it hit peak carbon emissions in 2018, and has a comprehensive strategy to reach net-zero emissions by 2050. In general, European energy companies are touting more robust plans to address climate change than their US counterparts.