Climate Activism Is Great News For Saudi Arabia And Russia ...Middle East

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Climate Activism Is Great News For Saudi Arabia And Russia
Big Oil has lately come under a plethora of attacks from all directions, ranging from uncooperative financiers and investors amidst a global shift to renewable energy to hostile governments and hardline climate activists.  But not all oil and gas players will be on the losing end of those attacks.  Some of the biggest names in the oil and business have recently suffered a trifecta of blows by climate activists and investors. Exxon Mobil (NYSE:XOM) lost three board seats to Engine No. 1, an activist hedge, in a stunning proxy campaign.…

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