(BOE Report) – Energy major Chevron said on Tuesday it has signed an agreement with investment firm Engine No. 1 and GE Vernova to build natural gas-based power plants to run co-located data centers in the U.S. The announcement comes just a week after U.S. President Donald Trump revealed a private sector investment of up to $500 billion to fund infrastructure for
Reuters Chevron Corp is preparing to defend itself against a potential challenge from activist investors and met with representatives of the pro-environment fund at the center of similar events at Exxon earlier this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Chevron shared some of its plans to cut carbon emissions during talks with
Nasdaq A new investment firm is taking aim at one of corporate America’s most iconic brands and pressing energy giant Exxon Mobil Corp XOM.N to overhaul itself by focusing more on clean energy to improve its financial performance. Engine No. 1 is being supported by pension fund California State Teachers’ Retirement System (CalSTRS) as it pushes the battered energy company, valued at
Reuters Church Commissioners for England joined growing investor campaigns demanding changes at Exxon Mobil Corp and on Thursday backed calls for a board refresh and development of a strategy for the U.S. oil company’s transition to cleaner fuels. The Church Commissioners, who manage the Church of England’s investment fund, said they were “pleased to lend their support” to proposals from
