Accountability of environmental, social, and governance (ESG) issues should lie with senior executives: Poll
The success of a business is no longer being measured based on financial performance alone. In a poll Verdict has…
12 May 2021
Australia hits offshore industry with levy to cover $200m decommissioning costs
Australia has announced plans to hit its offshore industry with a levy to cover the $200m cost of decommissioning an abandoned project off the country’s northern coast. The facility, known…
11 May 2021
Environmental factors most important among ESG: Poll
The COVID-19 pandemic has highlighted the urgent need to address climate change as part of environmental, social and corporate governance (ESG) issues of companies and businesses. In a poll Verdict…
10 May 2021
US revokes rules to relax safety regulations for Arctic oil drilling
Proposed in December 2020, Trump’s regulation would have reversed the rules proposed by former President Barack Obama to improve safety in the Arctic conditions. Trump’s proposed rules included the removal…
10 May 2021
Oil prices surge as cyberattack prompts critical US fuel pipeline closure
Brent crude increased by $0.38 or 0.6% to reach $68.66 a barrel while the US West Texas Intermediate futures increased by $0.34 or 0.5% to reach $65.24 a barrel, reported…
26 Apr 2021
Petroleum ministry reportedly tells Indian ONGC to sell oil fields
The Indian Ministry of Petroleum and Natural Gas has reportedly told state-owned oil and gas producer ONGC to sell its stake in producing oil fields. According to a Press Trust…
23 Apr 2021
New York drags oil majors to court over climate change role
The City of New York in the US has sued three major oil companies and an industry trade group for allegedly misleading consumers by exaggerating the role that their products…
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