New York: ExxonMobil, the world´s largest publicly-traded oil company, bowed to investor pressure and will soon begin disclosing how policies to combat climate change could impact its business, according to a document filed with US regulators.
The move follows the decisive victory of a shareholder proposal in May, which called on Exxon to examine how the fight against global warming could affect the company´s bottom line. The board of directors of the Irving, Texas-based company has opposed the measure but announced that “in the near future” it will publish the estimated impact of climate policies, according to a statement filed with the Securities and Exchange Commission on Monday. “These enhancements will include energy demand sensitivities, implications of two degree Celsius scenarios and positioning for a lower-carbon future,” the statement said, referring to the Paris agreement to cap the increase in global temperatures.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March
