Read the latest insights and analysis from the experts at Oil Change International.
It's that time of year again when the oil industry has to face its shareholders and investors in public: AGM season. Over the coming days, Big Oil executives will have to respond to questions about how they are reconciling the plans for expanding fossil fuel growth with their public commitments on climate change.
It is a gruesome milestone. A year after Russia’s brutal and bloody invasion of Ukraine, the ripples of war have spread across the globe. Tens of thousands of civilians have been killed, along with over a hundred thousand Ukrainian and Russian soldiers.
There is universal condemnation today on the breaking news that the United Arab Emirates has appointed a veteran oil industry insider to preside over the upcoming UN climate talks that will happen later this year in Dubai. "By appointing an oil sultan as COP28 President, the UAE takes the prize for global trust breaker in a climate crisis.”
Its that time of year again with the annual UN climate meeting, called the conference of the Parties, or COP, just a couple of weeks away. This year’s meeting, COP27, will take place from 6-18 November 2022 at the luxury resort of in Sharm el-Sheikh in Egypt.
Oil Change International and Greenpeace USA released a report today raising serious questions about both the methodology and the intent of Cheniere’s so called cargo emission tags or CETs.
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.
In light of the war in Ukraine, shareholder actions on climate against Big Oil are faltering. One activist investors says: “The oil industry is really using the energy crisis as an excuse now to stall climate action.”
No words will ever be able to describe the full horror of war. The bombs, the bullets, the trauma. The wanton destruction of life. Hopes and dreams evaporated.
A key British Russian lobbying group, the board of which included executives from BP, and whose hierarchy included British Royalty, British and Russian Ambassadors and ex-British parliamentarians, has quietly erased online content about its activities and personnel over the last few weeks.
