LNG in firing line of climate advocacy
Energy firms are coming under increasing pressure to take radical steps to reduce emissions
Investor groups in Australia are stepping up pressure on listed energy companies to better disclose their exposure to climate-related risk in line with the industry-led taskforce on climate-related financial disclosures initiative. Fossil fuel companies are also being lobbied to take a more visible and proactive stance on cutting global emissions, alongside efforts to transition to low carbon technologies. Just as Shell has faced sustained pressure from Dutch shareholder action group Follow This, so Australian banks and pension funds investors are being challenged to become more actively involved in calling fossil fuel companies to account over their exposure to and role in climate change-
Also in this section
29 April 2026
The UAE’s exit from the alliance marks a decisive step towards a world in which oil markets are shaped less by collective management and more by national strategy
29 April 2026
Trafigura’s $1b prepayment agreement confirms African resource holders’ renewed interest in oil-backed financing deals as they look to capitalise on high oil prices
29 April 2026
The UAE’s departure from the oil producers’ group was a surprise to many, but the move can be traced back to a single point five years ago
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
