A resilient recovery means a managed decline of oil and gas production — here’s how we get there
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.
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Read the latest insights and analysis from the experts at Oil Change International.
Ten years after Deepwater Horizon “another deep-water blowout is inevitable”
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."
As Shell spins a commitment to “net zero” by 2050, critics wave red warning flags
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.
Oil and gas news & insights: Week of April 13
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
To advise on green stimulus, the IEA needs to upgrade its own climate toolbox
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.
Trump’s loosening of environmental rules amid pandemic are “increasing risk of death in COVID-19 patients”
By all accounts Trump’s handling of the Coronavirus pandemic has been a disaster for months.
Due to lack of oversight, methane emissions “could actually increase during pandemic”
A day after meeting big oil bosses at the White House last Friday, Donald Trump was at his usual chest-thumbing best defending an industry he loves: “I am a big believer in our great energy business, and we’re going to take care of our energy business,” he said at a press conference.
Big Oil bosses to meet Trump demanding further financial support & deregulation
Later today, U.S. President Donald Trump is set to meet with at least seven senior oil executives in person at the White House to discuss the historic plunge in the oil price.
Not an April Fool’s: Canadians to fund USD $5 billion KXL pipeline in middle of global pandemic
It would make a great April Fools joke. Investing $5 billion in a product that is nearly worthless in the middle of a global pandemic, which puts communities and construction workers at risk. Make sense to you? No, of course it doesn’t. You would reply: “Don’t be so stupid! That must be a joke.”
Canadian crude selling for “roughly the same price as a Big Mac”
Warren Mabee, the director of the Institute for Energy and Environmental Policy at Queen’s University, said he "wouldn’t be surprised if Canadian crude prices briefly go negative - a scenario where producers are paying people to take away product.”