Sunday, May 25, 2025
WoodMac: Onshore and Offshore Oil Now have More in Common

Executive Changes at ExxonMobil

Following Tom Walters’ retirement, Neil Duffin will be president of ExxonMobil Production Company; Liam Mallon to be President of ExxonMobil Development Company Tom Walters, president, ExxonMobil (ticker: XOM) Production Company, has announced his intention to retire from the company after more than 38 years of service. Current president of ExxonMobil Development Company, Neil Duffin, will take over the job of

Shell to Tie Executive Bonuses to Greenhouse Gas Goals

From CBC/Reuters Ten per cent of bonus payments to Shell executives, including CEO Ben van Beurden, will be linked to “greenhouse gas management.” Royal Dutch Shell plans to link part of its executive bonuses to greenhouse gas emissions and conduct more active screening of future investments to further efforts to reduce the energy group’s carbon footprint, its CEO told Reuters.