climate change

The Vatican was host to executives of the world’s top oil companies for a conference on climate change and the transition away from fossil fuels on 9 June.

New York City is taking on the oil industry on two fronts, announcing a lawsuit on 10 January that blames the top five oil companies for contributing to global warming and saying the city will sell off billions in fossil fuel investments from the city’s pension funds.

Exxon on 11 December said it would publish new details about how climate change could affect its business in a move aimed at appeasing critics and forestalling another proxy fight next year.

It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.

On 16 June 2017, the Alberta Oil Sands Advisory Group released its report Recommendations on Implementation of the Oil Sands Emissions Limit Established by the Alberta Climate Leadership Plan.

Royal Dutch Shell welcomes the final recommendations set out in a report published on 29 June by the Task Force on Climate-Related Financial Disclosures.

Last year, SPE created a task force to study the topic of climate change and to determine if a public position statement should be created. After a year-long review, it recommended that we not develop a statement on climate change, which was accepted by the SPE Board of Directors in March.

Energy Secretary Rick Perry became the latest senior member of President Donald Trump’s administration to publicly advocate for staying in the Paris climate accord, saying the US should renegotiate the deal and push European nations to take on a larger share of emissions reductions.

The new head of ExxonMobil used his first major public appearance to emphasize the major oil company's committment to environmental concerns through the development of emerging technologies.

In the keynote speech at the SPE Hydraulic Fracturing Technology Conference, author and founder of the Center for Industrial Progress Alex Epstein explained the moral case for fossil fuels.