Big Oil’s Bad Week
- Jun 10, 2021 10:41 pm GMT
The world’s largest integrated oil and gas companies are the so-called supermajors or more commonly “Big Oil.” In order of descending market capitalization these companies are ExxonMobil, Chevron, Royal Dutch Shell, TOTAL SE, and BP.
Because global oil consumption results in one of largest contributions to atmospheric carbon dioxide emissions from any source, Big Oil is frequently blamed for climate change.
There have been various campaigns targeting these companies’ operations (e.g., when activists try to stop drilling or pipeline construction) and their finances (e.g., by targeting banks that lend them money, and institutions that invest in them).
Last week three members of the Big Oil club were each dealt blows regarding the status quo of their businesses.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.