Oil Change International | Data Driven, People Powered.

The world’s five largest international oil companies (IOCs) and five largest U.S. independent refiners made over US$65 billion in profits in the second quarter of 2026 as conflicts in the Persian Gulf and Ukraine spiked oil prices and caused refined fuel supply constraints. As thousands die in the relentless bombardments of drones and ballistic missiles, the oil and gas industry reaps windfall profits in a year that was looking to be a loser before the bombs started falling.

They say the truth will come out. It might take years or decades, but finally the truth will eventually come out. For decades, in what has become a multi-generational fight, the communities of the Niger Delta have fought Shell for its rampant pollution and environmental devastation.

Private investment alone won’t deliver the energy transition. National development banks can, says Adam McGibbon of Oil Change International.

The investigation follows allegations of pollution, safety failures, and health harms at the U.S. LNG export terminal.

New research gives updates on crude oil shipments that fuel Israel’s genocide in Gaza.

Trump drove up gas prices by launching a devastating war with Iran. Now he is using the energy crisis he created as cover for a resource grab of Venezuela’s oil.

Research by Oil Change International (OCI) and Centre for Research on Multinational Corporations (SOMO), supported by Data Desk, reveals how two little-known private companies have become important traders of crude oil to Israel.

This factsheet highlights three key reasons why further weakening export finance climate policy would be a costly move for Germany and the planet. We also reveal the very real consequences of Germany’s fossil fuel support in Brazil,  providing a snapshot of the kind of climate-harming projects Germany may continue to support if the government does not strengthen its current policy.

Working people are already getting hammered by high energy costs. Our new report finds that the Trump admin’s energy + AI “dominance” policies + hostility to renewables will make it even harder for them to pay their bills.