The Sky’s Limit Africa assesses fossil fuel industry plans to sink USD $230 billion into the development of new extraction projects in Africa in the next decade — and USD $1.4 trillion by 2050. It finds these projects are not...
FOR IMMEDIATE RELEASE April 16, 2018 US Commercial Banks In For a Spring of Fossil Fuel Resistance US commercial banks are gearing up for their annual general meetings, starting as early as this week, but they’re not alone in making...
"This is an important step by the IFC to redirect its investment to align with the Paris Agreement on climate change, and other financial institutions should sit up and pay attention," said Alex Doukas of Oil Change International
The oil giant Shell spends millions of dollars each year to anticipate the future to try and predict the unpredictable. In a corporate game of crystal-ball gazing, Shell likes to play the long game, looking decades into the future to...
June 1st, 2024, the grand opening day, came and went —but nothing actually happened. It was the latest of many proposed start dates that have come and gone over the years. The highly controversial Mountain Valley Pipeline (MVP) was meant to...
Just eight of the world's biggest energy companies helped enrich Vladimir Putin’s war chest to the tune of $95.4 billion (USD) in the seven years after Russia annexed Crimea.
When you are in a hole, the first step is to stop digging. New data shows the majority of the fossil fuel reserves within active fields and mines must stay in the ground to maintain a liveable climate.
The disconnect is terrifyingly stark. Last week, the Guardian newspaper reported that the “World’s top climate scientists expect global heating to blast past 1.5C target”, with the planet heading for at least 2.5C of warming “with disastrous results for humanity."
It has been a terrible, horrible, no good, very bad week or so for Big Oil...and that’s a very good thing for our climate. Let’s recap: Last week, the International Energy Agency released the groundbreaking “Net Zero by 2050” report, which...
Oil Change is producing weekly news and resources updates on the fight against oil and gas as part of our response to the COVID-19 crisis, as a supplement to the monthly OilWire editions we produce with the Global Gas & Oil...
