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In 1945, U.S. President Franklin D. Roosevelt met with King Abdul Aziz Ibn Saud, part of a behind-the-scenes policy to ensure access to oil for the U.S. and its allies. National Archives and Records Administration

Exxon’s Rex Tillerson and the rise of Big Oil in American politics

Big Oil has historically played a behind-the-scenes role on American policy and politics. No longer.
President-elect Donald Trump’s stance on climate change is very different to Barack Obama’s. Reuters/Kevin Lamarque

Trump’s threat on climate change pledges will hit Africa hard

If Trump forsakes US support for the 2015 Paris Climate Accord as well as Obama’s bilateral climate agreement with China, the resultant rise of global warming will wreak havoc throughout Africa.
Efforts to combat climate change are making extracting oil from areas like Canada’s tar sands fields more expensive. Emily Beament/PA Wire via AP

Should oil companies like Exxon be forced to disclose climate change risks?

The SEC and others are pressing Exxon to disclose more climate change risks to investors. But new research suggests shareholders are already pricing in those costs on their own.
Even if Exxon eludes charges in New York, the attorney general’s investigation sends a message on corporate accountability. mortaupat/flickr

In targeting Exxon on climate, New York puts all corporations on notice

Until now, the legal system has tolerated corporate deceptions of the public but New York state's investigation into Exxon on climate could start to rewrite the rules.
The reach of global multinationals like BHP is driving a new wave of shareholder activism. Fiona Dorrell/AAP

Daly and Dunlop pave way for new era of shareholder activism

Sister Patricia Daly is in for the long haul. Last May, the New Jersey-based Dominican nun and shareholder activist, attended her 15th ExxonMobil annual shareholder meeting, again armed with the same resolution…
Got away again. MarcProudfoot

Google and ExxonMobil run rings around outdated tax laws

Tax avoidance shows no sign of abating. Google, the company with the slogan “Don’t be evil”, is at it again. The company has been named and shamed by the UK House of Commons’ Public Accounts Committee…

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