- Reuters
UPDATE 1-Calpers weighs voting against Exxon CEO's re-election as board chair, FT reports
Calpers, the biggest public pension plan in the United States, is considering a vote against ExxonMobil chief executive Darren Woods’ re-election to the company's board in the face of shareholder discontent over a lawsuit it filed against two climate-focused investors, the Financial Times reported on Friday. Investors led by U.S. activist investment firm Arjuna Capital and shareholder activist group Follow This earlier this year asked Exxon and other oil majors to adopt tighter climate targets and to set targets to reduce emissions produced by users of its products. In January, Exxon filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company's shareholder meeting in May.
- Reuters
Calpers weighs voting against Exxon CEO's re-election as board chair, FT reports
Investors led by U.S. activist investment firm Arjuna Capital and shareholder activist group Follow This earlier this year asked Exxon and other oil majors to adopt tighter climate targets and to set targets to reduce emissions produced by users of its products. In January, Exxon filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company's shareholder meeting in May.
- Zacks
ExxonMobil (XOM) Liza Unity FPSO Hits Record Output in Guyana
ExxonMobil's (XOM) Liza Unity FPSO achieves peak production of 252K bbl/day, paving the way for Guyana to become Latin America's second-largest oil producer after Brazil.
