ExxonMobil, Chevron investors vote for more action on climate change

ExxonMobil, Chevron investors vote for more action on climate change

Investors rejected the responses of US oil giants to climate change Wednesday, installing activist board members at ExxonMobil and directing Chevron to deepen emissions cuts.
Tokyo Gas and Marubeni to build a nearly $2 billion LNG power plant in Vietnam

Tokyo Gas and Marubeni to build a nearly $2 billion LNG power plant in Vietnam 1

Japanese utility Tokyo Gas and trading house Marubeni will build a liquefied natural gas (LNG) power plant in Vietnam.
Exxon Mobil, Chevron again report losses on low oil prices

Exxon Mobil, Chevron again report losses on low oil prices

US oil giants ExxonMobil and Chevron reported another quarter of red ink Friday as uncertainty over oil demand dented by the coronavirus forced the petroleum sector to rein in spending. 
ExxonMobil to cut European workforce 11% with 1,600 layoffs

ExxonMobil to cut European workforce 11% with 1,600 layoffs

US oil and gas giant ExxonMobil announced  Monday it would slash 1,600 jobs in Europe, more than 11 percent of its workforce in the region, as it struggles with the hit from the coronavirus downturn.
ExxonMobil continues supporting children’s healthcare in Central Vietnam

ExxonMobil continues supporting children’s healthcare in Central Vietnam

Thanks to long-term support from ExxonMobil, including $80,000 funding in 2019, millions of children in central Vietnam have been accessing better healthcare.
Oil and gas giants spend 250 mn on EU lobbying: green groups

Oil and gas giants spend 250 mn on EU lobbying: green groups

The five biggest publicly listed oil and gas companies and trade groups representing them spent more than 250 million euros lobbying the European Union to influence climate action since 2010, environmental groups said Thursday.
Cuba to defend itself in US court over ExxonMobil lawsuit

Cuba to defend itself in US court over ExxonMobil lawsuit

Cuba announced on Tuesday (Aug 6) it would defend itself in US court against oil giant ExxonMobil, which has accused two companies on the island nation of "unlawful trafficking" of its assets after Fidel Castro's 1959 communist revolution.
ExxonMobil sues Cuban companies for nationalised assets

ExxonMobil sues Cuban companies for nationalised assets

US giant ExxonMobil has filed a lawsuit against Cuba's state-owned oil company and a major business group for what it called "unlawful trafficking" of its assets after Fidel Castro's 1959 revolution.
Energy giants spent US$1b on climate lobbying, PR since Paris: Watchdog

Energy giants spent US$1b on climate lobbying, PR since Paris: Watchdog

The five largest publicly listed oil and gas majors have spent US$1 billion since the 2015 Paris climate deal on public relations or lobbying that is "overwhelmingly in conflict" with the landmark accord's goals, a watchdog said Friday (Mar 22).
Leading US firms to hold talks in Hanoi

Leading US firms to hold talks in Hanoi

More than 50 leading US companies from a wide range of industries would arrive in Hanoi on Tuesday to explore business opportunities, the US-ASEAN Business Council has announced.
ExxonMobil contributes $80,000 to children’s healthcare in Central Vietnam

ExxonMobil contributes $80,000 to children’s healthcare in Central Vietnam

ExxonMobil has pledged $80,000 to help improve children’s healthcare in Central Vietnam, contributing $50,000 to VinaCapital Foundation’s Survive to Thrive program and $30,000 to Operation Smile Vietnam.
750MW gas-to-power project of Sembcorp closer to implementation

750MW gas-to-power project of Sembcorp closer to implementation

Sembcorp and the Quang Ngai People's Committee signed a memorandum of understanding over the gas-to-power project.