ESG News For Oil & Gas Development Corp.

Research by RepRisk reveals one in every four climate-related ESG risks globally was linked to greenwashing in the last twelve months and uncovers a connection between greenwashing and social washing in public companiesResearch from data science company, RepRisk, finds one in every four climate-related ESG risk incidents globally was tied to greenwashing, an increase from one in five in last year’s report.31% of publicly listed companies linked to greenwashing from September 2018 to September 2023 were also linked to social washing.RepRisk finds the banking and financial services sectors saw a 70% increase in the number of climate-related greenwashing incidents in the last twelve months.

Under the directive of the President of the UAE, His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Deputy Prime Minister and Minister of the Presidential Court, His Highness Sheikh Mansour bin Zayed Al Nahyan, today announced the leadership team for COP28 UAE, taking place at Expo City Dubai from November 30 to December 12, 2023.His Highness designated Dr. Sultan Ahmed Al Jaber to serve as COP President. Dr. Al Jaber will develop the COP28 agenda, in partnership with the UNFCCC’s Executive Se

Cumulative CO2 transport & storage agreements now total 20 MMTPA

Three leading U.S. oil and natural gas producing companies jointly announced that they have joined the Oil and Gas Methane Partnership (OGMP) 2.0.

Oil sands greenhouse gas emissions intensity expected to decrease by 30 percentReaffirms goal to achieve net zero emissions in oil sands operations by 2050 through collaboration with governments and other industry partnersEmissions reduction plan includes game-changing in situ technologies, efficiency improvements, and carbon capture and storage

Pioneer Natural Resources Releases 2021 Sustainability Report, Announcing Net Zero Ambition and Enhanced Emissions Reduction Targets

Significantly outperformed five year emission reduction targets for 2020Set new five year emission reduction targets for 2025 Confirmed economic resilience of Hess portfolio in transition to a lower carbon economy Continued to foster a diverse and inclusive work environment and invest in community programs that advance equal opportunity through educationRecognized as an industry leader in environmental, social and governance (ESG) performance and disclosure

California Resources Corporation (NYSE: CRC) received an A- from CDP for its 2020 climate disclosure, securing a top score at CDP’s Leadership Level. CRC once again received the highest ranking among all U.S. oil and gas companies, tying for first with one other U.S.-based E&P with global operations. Scoring at CDP’s Leadership Level for two years in a row further highlights CRC’s differentiated value as a dedicated and dependable energy producer for Californians with 2030 Sustainability Goals t

Hess Corporation (NYSE: HES) has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the eleventh consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders who consider sustainability when making investment decisions. Only the most sustainable companies in each industry are considered each year for index membership.Hess is one of three o

ExxonMobil contribution supports pantry boxes for emergency supportWest Texas Food Bank is the largest nonprofit hunger relief organization in the Permian

Led by the Zayed Sustainability PrizeAdvancing global progress towards the UN SDGs, a range of technologies and solutions will be deployed to empower vulnerable communities in 20 countries, by the end of 2020 Aiming to widen the global reach and accessibility of impactful sustainability solutions and innovations, the collaborative initiative builds on the UAE’s leading global role in humanitarianism and sustainability, and champions the values of inclusiveness and compassion outlined in the UAE’s Year of Tolerance Solutions and technologies being donated, were developed by Zayed Sustainability Prize winners and finalists across its Health, Food, Energy and Water categories

United Way of Beaumont and North Jefferson County to receive $200,000American Red Cross to receive $150,000 for relief in the greater Houston area

Technology removes carbon dioxide from industrial sources and the atmosphereCompanies to evaluate potential scalabilityApplications could extend across multiple industrial sectors

Funding will be provided to the Red Cross to assist with ongoing disaster relief efforts Builds upon previous $300,000 contribution following Cyclone Idai

Efforts focused on prevention and delivering life-saving tools and health services $170 million invested since corporate initiative began nearly two decades ago 700,000 health workers trained, 15 million bed nets and 5 million treatments delivered since 2000

Funding will be provided to the Red Cross and other agencies to assist with disaster relief efforts ExxonMobil employees, contractors reported safe

New grants of $5 million support organizations that empower women economically More than $120 million in grants since ExxonMobil’s women’s initiative began in 2005 Company procures about $500 million a year from women-owned businesses

Mission of Dallas-based Family Compass is to end child abuse and neglect Contribution of $50,000 will support Family Compass’s programs to help families in need Annual gift benefits North Texas nonprofit organizations

Funding supports research, health services and developing the next generation of global health leaders $170 million invested in combatting malaria since 2000 650,000 health workers trained, more than 3 million rapid diagnostic kits delivered

Production safely restarts ahead of schedule at the PNG LNG plant near Port Moresby Production to increase in the coming weeks; LNG cargo deliveries to commence soon Company continues to assist with humanitarian relief efforts

Six Texan-Led Conservation Initiatives Selected for Honor

Company assisting in relief and recovery efforts; flies relief organizations to affected area Working closely with government agencies to determine where and how to direct resources Assessment of company operations and facilities continues

Facility assessments and restart activities continue at Baytown refinery, Houston terminals open and pipeline restart activities underway Efforts underway to transport fuels from unaffected regions; scheduled maintenance deferred at other company refineries Contribution commitments total $10.3 million, company volunteers assisting with recovery

Employee donation match program will raise up to $6 million In-kind donations totaling $2.5 million support American Red Cross and South Texas recovery Efforts underway to transport refined products from unaffected regions and reestablish operations

Additional $500,000 pledged to United Way of Greater Houston to support relief efforts in Houston and other communities Company continues to monitor storm impacts and assessing need for additional resources

Exxon Mobil Corporation (NYSE:XOM) announced today that it is allocating $500,000 for contributions to regional Red Cross organizations along the U.S. Gulf Coast to assist with relief efforts in communities expected to be impacted by Hurricane Harvey. "Our thoughts and prayers are with the residents of Texas and Louisiana Gulf Coast communities currently in the path of Hurricane Harvey," said Darren W. Woods, ExxonMobil chairman and chief executiv