Exxon Archives - Oil Sands Divestment

Exxon must go to trial over alleged climate crimes, court rules

This article was written by Chris McGreal and orginally published in The Guardian on May 24, 2022. The Massachusetts high court on Tuesday ruled that the US’s largest oil company, ExxonMobil, must face a trial over accusations that it lied about the climate crisis and covered up the fossil fuel industry’s role in worsening environmental devastation. Exxon…

IEEFA: If Chevron, Exxon and Shell can’t get Gorgon’s carbon capture and storage to work, who can?

This article was written by Bruce Robertson and Milad Mousavian and published in the IEEFA on April 26, 2022. 27 April 2022 (IEEFA): At a cost of more than A$3 billion, Gorgon, the largest carbon capture and storage (CCS) project in the world has failed to deliver, underperforming its targets for the first five years…

Big Setbacks Propel Oil Giants Toward a ‘Tipping Point’

This article by Somini Sengupta originally appeared in the New York Times on May 29, 2021. A surprising mix of environmentalists, pension fund managers and big money investors have scored startling victories against oil and coal, opening new battle fronts in the climate fight. A nun, an environmental lawyer, pension fund executives, and the world’s…