Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search
Related Articles
AIQ and Gulf collaborate to further enrich ENERGYai with industry intelligence
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
Gulf Energy Information opens nominations for 2025 Excellence Awards
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
Gulf and DECHEMA partner to launch ChemE Show—Powered by ACHEMA in 2026
This premier event is poised to address the evolving technology and investment demands of North America’s thriving chemical and pharmaceutical sectors
Big oil won, ESG lost
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised
Trump administration must state its position on climate and energy
The new president must put his cards on the table and tell the American people, and the world, if the US is formally abandoning the energy transition
Petroleum Economist’s Paul Hickin named among 50 top voices in commodities
Editor-in-chief recognised by Cititec as among the 50 voices in commodities worth following
WGLC celebrates 20 years
Gulf Energy Information will host the largest women's event in the energy industry on 19–20 November in Houston, Texas
Dii summit tackles carbon pricing
Experts debate carbon pricing and fossil fuel subsidies in the MENA region on second day of summit
Dii Desert summit targets transition obstacles
Keynotes on first day of Dii Desert Energy Leadership Summit celebrated 15 years of progress and outlined strategies for accelerating clean energy
Gulf Energy Information Excellence Awards winners honoured at live gala
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
US Corporate
Frank Kane
23 January 2025
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Big oil won, ESG lost

The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised

ESG is dead, or if not strictly speaking deceased, at least mutating into something unrecognisable from the investment philosophy it was at its peak sometime in 2021. The presidency of Donald Trump has likely put the final nail in the ESG coffin, but in truth the concept was on its last legs anyway, ever since it became caught up in the US’ culture wars and became a source of embarrassment— indeed legal jeopardy—for its advocates. Mainly Republican states in the US took action against big financial institutions that espoused ESG principles on the grounds they were acting against the interests of their clients, shareholders and energy consumers by pushing a green agenda ahead of financial ret

Also in this section
US confirms early sunset for hydrogen tax credits
4 July 2025
Race is on to meet end-2027 deadline for 45V as Congress passes One Big Beautiful Bill Act
EU under fire over blue hydrogen definition
1 July 2025
Gas industry and EU politicians pile pressure on European Commission to provide more regulatory certainty on emissions calculations
Namibia eyes diversifying energy mix as oil stalls
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
A disorderly transition
26 June 2025
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search