Read the latest insights and analysis from the experts at Oil Change International.
The amounts are obscene. They are mindboggling. This is profit-making like you have never seen it before. It is also profiteering from war or price goughing at our expense. Big Oil is making billions off the misery of millions.
Oil giant Shell has just posted record profits for a second consecutive quarter, smashing its previous record from earlier this year.
39 countries and institutions signed a joint commitment to end any support for fossil fuels flowing abroad by the end of 2022, and in its place prioritize finance for clean energy. Recently the G7 reaffirmed their commitment and were now also joined by Japan, the only G7 member who hadn’t signed on. Here's what that means.
As the geo-political fallout from the Ukraine war continues, the U.S gas industry is exploiting the crisis to increase LNG exports to Europe.
They say that politicians often operate in a bubble, removed from the rest of us. They have a blinkered view of reality, distorted by privilege and power.
As I write, the UK has just experienced its hottest ever night. It has literally also just smashed the record for the hottest day ever.
Hundres of thousands of Americans, concerned about climate change and increasingly shocked at how much they are paying at the pump for their gas, are voting with their feet and ditching their gas-guzzling vehicles and going electric.
Many parts of the world are experiencing record extreme heat right now. And now it’s the UK’s turn. Earlier today, the country’s official weather forecasters, the Met Office extended an "amber extreme" heat warning, as temperatures look set to rocket later this week and early next week too.
A new academic paper outlines why gas is not a so-called bridge fuel to a zero emission future. The scientists conclude that “a fossil fuel with a high climate impact, often hidden under a misleading narrative, which hinders decarbonization via infrastructure expansion, and so creates carbon lock-in effects and bears high economic risk, cannot be a solution towards a zero-emission future.”
“Do not assume you will be safe tonight” warned the Australian authorities yesterday to thousands of residents of the country’s largest city, Sydney, which is yet again experiencing catastrophic flooding.
