Chevron sticks to lower budget plans, sets new carbon reduction goals

U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals for reducing carbon emissions with expectations to invest about $3 billion in the coming years to … Read More

ExxonMobil curbs spending plans, reveals path to lower-carbon future

Oil major ExxonMobil has revealed its capital spending in 2021 will be in the range of $16 billion to $19 billion as well as its plans to focus on developing technologies to reduce emissions, especially carbon capture and storage technology, … Read More

Total parts ways with American Petroleum Institute over differences in climate positions

French energy giant Total has decided to withdraw from the American Petroleum Institute (API) following a detailed analysis of API’s climate positions. Each year, Total assesses the main industry associations of which it is a member to ensure they are … Read More

Ameren Unveils Largest-Ever Expansion of Wind Generation

Ameren Corp., a U.S. power company, has established a net-zero carbon emissions goal across all its operations in Missouri and Illinois – while also unveiling its largest-ever expansion of clean solar and wind generation. The clean energy expansion is included … Read More