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Chevron, ExxonMobil, BP and Shell used terms like "climate" and "low-carbon" more frequently in recent annual reports, but their actions on clean energy didn't match their words, researchers conclude.
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"Finally, there is some justice for the Nigerian people suffering the consequences of Shell's oil," said Eric Dooh, one of the Nigerian farmers who sued Shell.
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Overwhelmed sewers. Flooded streets. Deadly heat waves. Baltimore is one of many American cities where the costs of climate change far exceed local resources. Should oil companies pay?
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The case was brought by a group of environmental organizations and more than 17,000 Dutch citizens. They demand that Shell be forced to reduce carbon dioxide emissions by 45% by 2030.
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The company is the latest industry giant to report huge drops in earnings from 2014 to 2015. BP, Exxon and Chevron have also seen their revenues fall steeply.