Read the latest insights and analysis from the experts at Oil Change International.
The Canadian Green Party's parliamentary leader, Elizabeth May, said last week: "My heart bleeds for people who believe the sector is going to come back. It's not. Oil is dead and for people in the sector, it's very important there be just transition funds."
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
As we transition out of the pandemic we need to transition out of fossil fuels too. We have the science. We have the knowledge. We have the expertise. And now we have to change.
Whereas the oil majors are pulling back their shale operations, others though are looking to expand in US shale.
Shell is in trouble. BP is in trouble. So too is Exxon.
After 15 years, Oil Change International (OCI) Founder and Executive Director Stephen Kretzmann has stepped down from his role as Executive Director. Stephen has long planned to leave in 2020.
I don’t want to be accused of burying the lead, so, FYI, today I’m officially announcing that I’ve stepped down as Executive Director of Oil Change International. More about that in a moment, but first, can we talk about this organization that I founded fifteen years ago?
You cannot underestimate that seismic shift going on as investors, often drunk on big oil profits, now just face uncertainty and loss. The oceans are awash with bobbing tankers full of oil, with no market to sell them. The industry is paralysed by the pandemic.
A new study published last week confirms what we already knew about oil and gas in the Permian Basin. It's an unmitigated disaster.
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
