Read the latest insights and analysis from the experts at Oil Change International.
Last week the Chief Executive of Occidental Petroleum, a mega-fracker, told analysts and investors if “towns don’t want us there, we won’t be there.” What he failed to mention is that they’ve got the Governor in their pockets doing the dirty work for them.
The oil industry always maintains that politics is a job for somebody else – it just gets on with drilling for oil and gas. The line is a fallacy of course, as the industry uses its economic might to prop up politicians that give it favourable tax breaks or subsidies or push its climate destructive policies.
Sanctions that would make it impossible for Exxon to do business with Russian oil companies such as Rosneft would leave Putin's Arctic dream in tatters. But they would also undermine Exxon's dreams too.
A game of political musical chairs has set off a transition that will hand Big Oil the keys to the influential Senate Committee on Energy and Natural Resources. What's worse, the whole thing could have been avoided.
In the long and tortuous legal battle between indigenous communities in Ecuador against the oil giant Chevron, the plaintiffs scored a major victory yesterday in, of all places, Canada.
There is widespread outrage in the UK this morning at the proposed “Lobbying Bill” that is being debated today in the House of Commons in London.
The barricades have been drawn. On the one side stands one of Britain’s leading unconventional energy companies, Cuadrilla. On the other side stands the rural village of Balcombe in the rolling hills of rural Sussex.
The Chinese state oil company, CNOOC has become the first Chinese oil company to invest in Arctic oil.
