Investors rebuff 'Big Oil' climate shareholder resolutions
U.S. investors at leading energy firms rejected a climate activist group's push to align emission targets with the Paris climate pact despite the group's success in Europe.
Exxon quits drilling in Brazil after failing to find oil
The company has shifted geologists and engineers who had worked on the years long drilling campaign from its offices in Rio de Janeiro to other countries, they said.
LNG traders absorb huge losses after supply outages
Major energy traders are losing hundreds of millions of dollars as they scramble to plug a liquefied natural gas supply gap after serval outages prevented efforts to fill storage.