Read the latest insights and analysis from the experts at Oil Change International.
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.
Big Oil faces a new reality where "everything has changed.” Even their long-term survival.
There is no doubt we are at a historical moment with the industry in deep structural and financial trouble and where a post-COVID-19 recovery could see a radical shift away from oil and into a just transition into renewables. But will that happen?
This week the seemingly impossible happened: U.S. oil futures prices went negative for the first time in history. What happens next is up to us.
On the 10th Anniversary of the Deepwater Horizon disaster, “If anything, another disaster is more likely today as the oil industry drills deeper and farther offshore."
Shell, a company often vilified for being complicit in human rights abuses in Nigeria, of rampant pollution and ignoring the risks of climate change for decades, belatedly wants us to believe it is central to the climate fight.
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
A toolbox isn’t very helpful if even the best tool in it only gets you halfway to the repair you need to make. As the IEA prepares a special report on economic recovery, it must close its own climate credibility gap.
