Post Tagged with: "climate activists"

Source: Reuters

Shell scraps plans to develop Cambo North Sea oilfield


LONDON, Dec 2 – Royal Dutch Shell RDSa.L said on Thursday it had scrapped plans to develop the Cambo North Sea oilfield, which became a lightning rod for climate activists seeking to halt Britain’s development of new oil and …

Source: Reuters

Exxon, climate activists in showdown over independent board chair


Shareholder activists targeting Exxon Mobil Corp’s climate policies stepped up a campaign to split the chairman and chief executive’s roles ahead of the oil major’s shareholder meeting on Wednesday.

Unlike European rivals, Exxon faces little government pressure to curb …