Integrated Oil/Gas – Investor Minute

Dutch Fund Sells $3 Bln of Stock in Shell, BP and TotalEnergies

February 8, 2024

Published: Feb. 8, 2024 at 6:41 a.m. ET By Christian Moess Laursen One of the largest pension funds in the Netherlands, PFZW, has sold all of its stakes in Shell, BP and TotalEnergies, saying they aren’t investing fast enough in the switch from fossil to low-carbon fuel. PFZW–which managed around $256 billion at the end

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Activist Investors Withdraw Climate-Related Shareholder Proposal at Exxon — OPIS

February 5, 2024

A pair of activist investors have pulled their request for shareholder votes on climate-related proposals after ExxonMobil sued to keep them off the ballot at the company’s upcoming meeting. But while Arjuna Capital and the environmental group Follow This say they will not refile the proposals, Exxon still wants a U.S. court in Texas to

Dutch Fund Sells $3 Bln of Stock in Shell, BP and TotalEnergies

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