arctic

Big Oil to Face Pressure During Shareholder Meetings Not to Destroy the Arctic Refuge

As Exxon and Chevron face shareholders tomorrow for their annual general meetings, they will face pressure from shareholders and activists to rule out drilling in the Arctic National Wildlife Refuge.

With New Morgan Stanley Policy, Bank of America Is Only Remaining Major US Bank Without a Commitment Not to Fund Arctic Drilling

Today, multinational investment bank Morgan Stanley released an updated energy policy that rules out direct financing for oil and gas exploration and development in the Arctic, including the Arctic National Wildlife Refuge.

As Major Banks Rule out Funding for Arctic Drilling, Bank of America Risks Getting Left Behind

As Bank of America faced shareholders today for its annual general meeting, the bank refused to rule out funding for drilling in the Arctic National Wildlife Refuge.

BREAKING: Citigroup is Latest Major US Bank to Rule Out Funding for Arctic Refuge Drilling

Today, multinational investment bank Citigroup released an updated energy policy that rules out financing for oil and gas exploration, development and production projects in the Arctic, including the Arctic National Wildlife Refuge.

Big Banks to Face Pressure During Shareholder Meetings Not to Fund Arctic Drilling

This week, as major banks face shareholders for their annual general meetings, they will face pressure from shareholders and activists to commit to ruling out financing for any new drilling in the Arctic, including the Arctic National Wildlife Refuge.

Following Goldman Sachs and JPMorgan Chase Announcements, Wells Fargo Rejects Funding for Arctic Drilling

Wells Fargo has released an update to its environmental policy ruling out funding for oil and gas projects in the Arctic region, including the Arctic National Wildlife Refuge

Trump Administration’s Arctic Refuge Boondoggle Delayed Once Again

Washington, DC -- Today, the Trump administration’s Interior Department confirmed that it will not be able to update its assessment of any existing oil and gas reserves in the Arctic National Wildlife Refuge until 2023. The administration has not yet set a date for a lease sale in the refuge, and if a sale is held without new seismic data, then companies will be bidding blind. 

America’s Biggest Bank Will Not Fund Arctic Refuge Drilling

JPMorgan Chase, the largest bank in the United States, has announced an updated energy policy that rules out financing for new oil and gas drilling in the Arctic, including the Arctic National Wildlife Refuge. The policy also rules out financing for new thermal coal mines and coal-fired power projects worldwide, though the bank failed to put any restrictions on other oil and gas, including fracking and controversial tar sands projects.

Yet Another Global Bank Rejects Arctic Refuge Drilling

This morning, Lloyds Bank, one of the largest banks in the UK, released an updated energy policy that rules out financing for oil and gas operations in Arctic National Wildlife Refuge.

Goldman Sachs Leads Among US Banks with Commitment Not to Fund Arctic Drilling

Today, multinational investment bank Goldman Sachs announced an updated energy policy that rules out financing for new oil drilling or exploration in the Arctic, including the Arctic National Wildlife Refuge.

Indigenous Groups Raise Concerns About Arctic Refuge Drilling in Submission to UN Human Rights Council

In a submission sent to the United Nations Human Rights Council, Indigenous rights groups raised concerns about human rights violations against the Gwich’in Nation as a result of the Trump administration’s push to sell off the coastal plain of the Arctic National Wildlife Refuge for drilling.

Seattle City Council Rejects Arctic Refuge Drilling

Seattle, WA -- Today, the Seattle City Council joined cities across the country in committing not to do business with any company that seeks to drill in the Arctic National Wildlife Refuge. The vote comes in the wake of historic, bipartisan action in the U.S. Congress to protect the Refuge from drilling.