Right now, there’s an Exxon Mobil (XOM) shareholder meeting going on in Texas. If you have proxy votes to cast due to XOM stock, you should be doing so today. And there are some serious fights going on right now.
For the most part, Big Oil is hesitant to embrace alternative energy, preferring instead to push for more drilling. For some, however, it appears that the industry is seeing the writing on the wall. Even Big Oil execs know that the days of fossil fuels may be numbered. As a result, Exxon (XOM) is heading…
As 2008 rolls on, we are continuing to see crude oil’s meteoric rise as well as the direct and indirect harm that this trend is causing. Not only are certain industries with end-products or services dependent on crude oil (transportation, plastics, etc.) feeling their margins squeezed, but there is also an increasing fear that broader…
Big Oil executives try to explain their record profits — and compensation — as gas prices soar.
Photo:iirraa, Creative Commons, Flickr
GE continues to green up its image — by greening up its practices.
Self-described "longest continuous shareholders" want serious changes at Exxon.
Sudan/Darfur has brought human rights issues to the forefront in proxy voting.
In an effort to pander to voters outraged by the rising cost of gasoline, John McCain and Hillary Clinton are both behind a gas tax holiday. They claim that by getting rid of the gas tax between Memorial Day and Labor Day, Americans could save money, thereby easing the pressures on household finances.
Chevron (CVX) is one of the major investors in the Yadana gas field and pipeline project. This pipeline transports gas to Thailand and, reportedly, pays a rather large chunk to the military regime in Burma.
Proposals at Exxon Mobile call for renewable energy research and reporting on efforts to foster energy independence.
How big is the deep-water oil field Carioca?
Exxon Mobil (XOM) was back above $90 a share on Wednesday. Indeed, it appears to be heading toward $92 a share. And all of this thanks to the news that global oil supply is likely to cause problems. But XOM is not the only Big Oil stock on its way up. Conoco-Phillips (COP), Chevron (CVX),…
Photo:Panorama, Creative Commons, Flickr One of the challenges faced by Big Oil is finding new oil reserves in countries that are not hostile to US concerns.
Nanoscience could help Big Oil to increase production.
Choose companies that invest in themselves.
Wind is a clean, renewable source of energy with little to fault it except its inconstancy.
Photo:intimaj, Creative Commons, Flickr Many Big Oil companies still have solid fundamentals.
You might be surprised to learn what your investment portfolio really looks like.
Photo:Singapor3, Creative Commons, Flickr Among banks and investment companies that are playing the green card, British bank HSBC Holdings (NYSE: HBC) is really a good sport with its triple threat: a climate change index, a climate change fund, and a climate confidence index.
Russia has BP in its sights. This week has been a tough one for BP (BP – $59.89) in Russia. Earlier this week, BP's Russian venture TNK-BP, was raided by Russian security forces. Why? One of the TNK-BP employees is being accused of espionage (he is an alumni member of the British Council). And now…
Today's big news on the stock market is coming in the form of the financial sector, with Visa (V) and Morgan Stanley (MS) leading a financial sector charge. Energy stocks, though, are being left out.
Oil stocks could get a double boost.
British judge cancels order to freeze $12 billion in PdVSA assets.
Photo:Taberanddrew, Creative Commons, Flickr Exxon Mobile (XOM) is expected to lead Big Oil stocks higher.