Climate activists seeking to pull investors into their camp are pushing Exxon Mobil and Chevron to limit money spent on exploration in favour of higher dividends and more share buybacks.
 
Shareholders will vote on proposals that would urge the two biggest United States oil producers to cut what they spend opening up new oil fields and instead hand the money to investors.
 
Environmental critics say future climate rules will soon make it unprofitable to pump.
 
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