June 17, 2021

Business Insider: Shell considers selling assets in the largest US oil field, Reuters reports, highlighting pressure to focus on low

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https://www.science4data.com/business-insider-shell-considers-selling-assets-in-the-largest-us-oil-field-reuters-reports-highlighting-pressure-to-focus-on-low/

Business Insider: Shell considers selling assets in the largest US oil field, Reuters reports, highlighting pressure to focus on low

2021-06-15 15:14:18, , Science4Data

Content Categorization
/Business & Industrial

Word Count:
225

Words/Sentence:
20

Reading Time:
2.25 min

Reading Quality:
Advanced

Readability:
16th or higher

Media Sentiment
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Entity Word Cloud
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Auto Summary
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Investors' efforts to push for change reached a landmark moment this spring when Exxon shareholders elected to install three new directors on the oil giant's board in a bid to accelerate its shift toward cleaner energies.

Shell earlier this year outlined a plan that included targets like cutting the carbon intensity of the energy products it sells by at least 6% by 2023 and 20% by 2030, compared to 2016 levels.

Environmental- and social-related shareholder proposals have seen record support this year, according to a report last week by RBC Capital Markets analysts Sara Mahaffy and Lori Calvasina.

Entity Word Cloud

Key people, places, organizations and events referenced in the article, weighted by frequency and colored based on contextual sentiment.

Auto Summary

Condensing key features of the article based on salience analysis.

Shareholders and activists have intensified calls on oil companies like Shell, Exxon Mobil, and Chevron to reduce their carbon emissions in recent years.

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