Related Articles
Forward article link
Share PDF with colleagues

Exxon vs the world

The US supermajor is once again under the cosh for its stance on the climate

EXXONMOBIL is feeling the heat from all sides over its climate-change stance. US government prosecutors want to know what the company knew about fossil fuels’ role in climate change and when it knew it, while shareholders want to know how it’s planning for a post-Paris carbon-constrained world. The Los Angeles Times and InsideClimate News published a series of stories last September detailing ExxonMobil’s decades-long history of studying the risks of rising greenhouse gases – studies that showed the oil major at the leading edge of climate science as early as the 1970s. Green activists jumped on the story, identifying an opening to attack their favourite Big Oil foil. The claim is that Exx

Also in this section
Rosneft: scaling the heights of power
19 April 2017
High-wire deal-making has become the hallmark of Russia's national oil champion. But are expansion plans risking too much?
Tatneft edges towards the precipice
5 April 2017
The company's finances are under severe strain, as its resources are drained off to prop up an ailing local economy
China's oil loans run into trouble
5 April 2017
China extended much credit to secure oil supplies. Now it needs borrowers to start repaying