Bloomberg It’s almost as if the last decade never happened for investors of Exxon Mobil Corp shares. Once the gold-standard of Big Oil, the stock closed on January 27 at its lowest since October 2010, amid a slump in oil prices due to concerns about weak demand coupled with a glut. The S&P 500 also posted its worst one-day decline ...

Bloomberg Oil giant Total SA is being sued by 14 local governments and a handful of non-governmental organisations in France for not doing enough to reduce its carbon emissions and fight global warming. The legal challenge is the latest sign that the biggest oil companies are coming under increasing pressure from activists, investors and governments to cut emissions as the ...

Bloomberg As major players jostle for market share in large-scale power storage, American Electric Power and Nissan Motor Co are testing new technology that re-uses old electric vehicle batteries to slash costs. The pilot study in Ohio will road test technology that could lower system costs by about a half and extend the life of lithium-ion batteries by about a ...