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2026

2026

Tar Sands Companies “Selling Crown Jewels” to Survive

Desperate times mean desperate measures. Something has to give. With no end in sight to the low oil price, Canadian tar sands companies are having to sell what are being described as their “jewels in the crown” in order just...

Kick Big Polluters out of the climate talks

- By Greg Muttit and Hannah McKinnon Last week, six European oil companies declared their apparent conversion to the climate cause. To much fanfare, Shell, BP, Total, Eni, Statoil and BG committed to being part of a constructive solution on...

Oil Industry “Paying Lip-Service” to Climate Risk

The oil industry and its allies are used to dismissing those who are warning about climate change as a bunch of lentil-eating, sandal-wearing commies. But over the last few months we have seen a growing number of authoritative voices calling...

Exxon Lobbying to “Water Down” Russian Sanctions

Shell has become the latest western company to cease its activities in Russia due to sanctions imposed on Russia over Ukraine. The oil giant has suspended its operations with its joint venture partner Gazprom Neft to frack Russian shale oil.

Fossil Fuels Becoming the “New Tobacco”

For over a decade now a growing band of activists and enlightened financiers have argued that if we are going to tackle climate change then a proportion of fossil fuels have to stay in the ground.

What if the Carbon Bubble Bursts?

For many years now, a number of activists and analysts have argued that if we are serious about tackling climate change then the reserves of oil and gas in the ground need to be seen as liabilities and not assets....

The End of the Road

Within hours, the giant will be dead. General Motors will be no more. The world’s largest car maker will file for bankruptcy in a New York court room. With $176.4bn of liabilities - it will be the world's largest industrial...