Read the latest insights and analysis from the experts at Oil Change International.
Our new report reveals, for the first time, the climate impact of North Sea oil and gas extraction, and shows the way to a job-creating energy transition. To deal with the climate emergency, the UK needs to immediately stop approving new oil and gas drilling and redirect support to clean jobs and renewable energy.
The elephant in the room of UK climate policy
Oil Change International in solidarity with striking oil workers in Scotland
Last week, the British Prime Minster, David Cameron, flew to Aberdeen, the oil capital of the UK to announce £250 million emergency funding to “prop up the North Sea oil industry”; which is reeling badly from the low oil price.
The low price is affecting more mature areas of production too and nowhere is that more so than the British North Sea.
Oil companies demanded tax breaks in UK Budget, despite their eye-watering profit levels - OCI/Plaform analysis. UPDATED with the Budget announcement
Everywhere you look there is carnage in the oil industry as the reality of low oil prices begins to bite. From North America, to the North Sea and the Arctic, the low crude oil price is reshaping the size, shape and prospects of the industry.
Twenty years ago the oil giant Shell was embroiled in two separate controversies, which still haunt the company to this day.
