Shell shareholders on Tuesday rejected a resolution filed by a group of investors urging the energy company to set tighter climate targets.
Norway's $1.6 trillion sovereign wealth fund said on Thursday it had asked Shell to make additional disclosures regarding the company's revised climate targets.
In one of the more anti-woke stock recommendations of the week, analysts at JPMorgan have tipped Big Oil stocks, particularly British supermajor Shell PLC (LSE:SHEL, NYSE:SHEL). "Fundamentally, we believe oil and gas is significantly underrated and undervalued in the context of the need for a reality check on Energy Transition," they said.