ESG/Corporate Responsibility – Page 4

EQT announces non-operated asset transaction with Equinor

April 15, 2024

Oil and Gas 360 PITTSBURGH, April 15, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT”) announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas assets in Northeast Pennsylvania, representing approximately 225 MMcf/d of forecasted 2025 net production. Consideration for the transaction is comprised of $500

Europe’s sustainable fund flows grow as U.S. ESG market shrinks

April 12, 2024

Oil Price Investor appetite for ESG funds and other sustainable investments remains steady in Europe, in stark contrast with the United States, where the ESG backlash has had investors pull billions of U.S. dollars out of sustainable funds over the past year. Europe has higher political and investor support for ESG investment products, a Reuters analysis shows, which has helped the continent

The Fed blocks stricter global ESG rules for banks

April 3, 2024

Oil Price The US Federal Reserve has blocked an attempt led by the European Central Bank (ECB) to make climate risks a pillar of global rules for banks and require them to report their strategies on meeting climate commitments, sources with knowledge of the matter have told Bloomberg. Some members of the Basel Committee on Banking Supervision (BCBS), which includes central

General Presidents’ Maintenance Committee for Canada & National Maintenance Council for Canada Appoints Stephane Favron as Secretary Treasurer of the Board

March 26, 2024

KITCHENER, Ontario, March 26, 2024 (GLOBE NEWSWIRE) — The General Presidents’ Maintenance…

Alto Ingredients, Inc. Appoints Todd E. Benton as Chief Operating Officer; Michael D. Kandris to Continue to Serve as Director

March 21, 2024

PEKIN, Ill., March 21, 2024 (GLOBE NEWSWIRE) — Alto Ingredients, Inc. (NASDAQ: ALTO) , a pro…

70% of passive ESG funds are exposed to new oil and gas projects

March 20, 2024

Oil Price A total of 70% of passive funds passed off as “sustainable” by five of the largest asset managers in the U.S. and Europe are exposed to companies developing new oil and gas projects, environmental organization Reclaim Finance said in a report on Wednesday, calling out asset managers for greenwashing ESG-labeled passive funds. In new research published today, Reclaim Finance has

ConocoPhillps’ Willow project to reach first production in “four more winters;” expects modest Permian growth

March 20, 2024

World Oil WO) – During CERAWeek by S&P Global’s second day, ConocoPhillips’ CEO Ryan Lance announced that his firm’s highly-anticipated Willow project in Alaska is making developmental headway. Sitting down with S&P Global’s Dan Yergin, Lance also discussed Biden’s controversial LNG export ban, the U.S.’ unprecedented production growth in 2023, the role of artificial intelligence, and regulatory issues plaguing the U.S.

CVW CleanTech Announces the Appointment of Vice President, Corporate Development and Grant of Equity Awards

March 20, 2024

Calgary, Alberta–(Newsfile Corp. – March 20, 2024) – CVW CleanTech Inc. (TSXV: CVW) (OTCQX…

Chevron CEO says ExxonMobil discussions over prolific oil field offshore Guyana “ended abruptly”

March 19, 2024

World Oil (Bloomberg) – Chevron Corp.’s discussions with Exxon Mobil Corp. and China’s Cnooc Ltd. over a prolific oil field off the shores of Guyana ended “abruptly” a few weeks ago, Chief Executive Officer Mike Wirth said. Chevron held constructive talks with Exxon and Cnooc over the Stabroek block off Guyana several months ago as part its proposed $53 billion

ExxonMobil “open” to talking with Chevron over oil offshore Guyana amidst Hess acquisition

March 19, 2024

World Oil (Bloomberg) – Exxon Mobil Corp. is open to talking to Chevron Corp. about its proposed takeover of Hess Corp. as the oil giants spar over the deal’s implications for a massive offshore oil project in Guyana, Chief Executive Officer Darren Woods said in an interview. His comments mark that first time Exxon has publicly made clear it’s willing

Canter Resources Appoints New CFO, Corporate Secretary, Provides Corporate Updates and Announces Annual General Meeting Date

March 14, 2024

Vancouver, British Columbia–(Newsfile Corp. – March 14, 2024) – Canter Resources Corp. (CSE: CR…

Shell plans to cut 20% of jobs in its M&A unit

March 13, 2024

Oil Price The ongoing job cuts at Shell are extending to the team handling mergers and acquisitions for the supermajor as the oil and gas giant is looking to eliminate around 20% of several hundred positions in the M&A unit, unnamed sources familiar with the plans have told Bloomberg. Shell has been saying for months that it is pursuing a leaner

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