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ISS support for Engine No 1’s recommendations tees up potential investor revolt at annual meeting
Alex Oh expresses regret for ‘breakdown of civility’ that led her to resign from regulator after only 6 days
US oil supermajors break losing streaks after crude rallies and economies recover from pandemic
Alex Oh quits after judge criticises her conduct as an attorney representing ExxonMobil
Plus: Biden steers clear of a price on carbon and Alaska oil output falls
Hedge fund Engine No 1 steps up drive to overhaul board, pointing to oil group’s ‘value destruction’
Oil supermajor faces investor pressure to adjust to transition to cleaner fuels
Merryn Somerset Webb’s column prompts conflicting responses
The oil supermajor struck a different tone at this year’s meeting — but a battle with activist investors rumbles on
CEO Darren Woods faces a campaign for board reform and a shift in strategy
Two senior Democratic lawmakers warn against extending looser rules for American lenders
Appointment of Michael Angelakis and Jeff Ubben comes as US oil group prepares key investor day
Deal with Norwegian buyout group marks latest retreat from once-prolific region
Analysts urge government to boost support after ExxonMobil shutters facility
Rise of clean energy and doubts about long-term demand force existential reckoning
Exxon racks up first annual loss of $20bn while BP loses $5.7bn as energy demand plunged last year
To be an oil company, it must continue spending money to drill for the stuff
First ever full-year loss caps dismal 12 months for US oil group
US oil supermajor faces pressure from activist investors
Gap between ‘good’ and ‘bad’ energy looks excessive
The supermajor did not get the reaction it hoped for after pressure from activist investors
US oil major aims to reduce per barrel emissions by up to a fifth in next five years
The Church of England has joined US hedge fund activists in rallying for change at ExxonMobil
US oil group faces calls for change from activist shareholders including hedge fund DE Shaw
Latest cuts follow brutal six months for US oil industry and world’s formerly most valuable company
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