Posted inBP Plc 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
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.