Ninth U.S. city to take the fossil fuel industry to court for climate change
A California city has filed a lawsuit against 29 oil companies seeking damages to pay for the costs of rising sea levels it [...]
oil companies
World’s top oil companies still reluctant to push for new discoveries despite strong oil prices
Despite the strongest start for oil prices in four years, the world’s top oil companies are hesitating to accelerate the [...]
Indian firms in jv for petchem complex in Maharashtra
India’s state-owned oil companies, Indian Oil Corp. (IOC), Bharat Petroleum Corp. (BPCL), and Hindustan Petroleum Corp. [...]
Oil refiners Idemitsu, Showa Shell form alliance ahead of stalled merger deal
Japan-based oil companies Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK, the base of Royal Dutch Shell group in Japan, [...]
Ten big oil companies to spend US$1 bn on new tech to counter climate change
Chief executive officers (CEOs) from 10 big oil and gas companies from all over the globe have pledged to invest US$1 [...]
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