Articles by Bart H. Meijer, Ron Bousso and Shadia Nasralla

Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil

THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it was “disappointed” …

Group Warns Climate Regulations Could Disrupt Investment Strategies

Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report. Rules aimed at lowering …

Oil Industry’s $50B in New Projects Conflict with Paris Climate Goals: Think Tank

Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a recent report. The analysis found that investment …

Oil Industry’s $50 Billion in New Projects Conflict with Paris Climate Goals: Think Tank

Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report published on Friday. The analysis found …

Major Oil and Gas Firms Pledge to Cut Greenhouse Gases to Fight Climate Change

A group of the world’s top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse gas by a fifth by 2025 in an effort to battle climate change. The Oil and Gas Climate Initiative (OGCI), …

Insurance Cutback Among Reasons Europeans Withdrawing from Iranian Oil Market

European refiners are winding down oil purchases from Iran, closing the door on a fifth of the OPEC member’s crude exports after the United States imposed sanctions on Tehran, company and trading sources said. The drop in crude purchases from …

10 Oil & Gas Bosses Seek to Improve Image Before Climate Change Summit

Oil and gas industry bosses called for an “effective” agreement at the United Nations climate change summit in December, recognizing that current greenhouse gas emissions were inconsistent with the goal of limiting global warming. The leaders of 10 companies said …