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Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products.

Andrew Ross Sorkin
Author: Andrew Ross Sorkin

Written by

Andrew Ross Sorkin

in

Chesapeake Energy Corporation, Chevron Corporation, Corporate Social Responsibility, Devon Energy Corporation, Exxon Mobil Corp, Global Warming, Hess Corporation, internal-storyline-no, Mergers, Acquisitions and Divestitures, Oil (Petroleum) and Gasoline, Southwestern Energy Company
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