That the international oil majors face unprecedented challenges in growing their resource base is well known. Shut out of the richest pickings in OPEC countries and increasingly out performed by national oil companies, they have been forced to invest in...
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
You will not have heard of the Aleksey Kosygin, but next week this obscure sounding tanker is set to make history as it becomes the first major shipment of Canadian tar sands to arrive in Europe.
Trump’s illegal war with Iran has already taken a devastating human toll. It could also mean higher energy bills worldwide, while fossil fuel companies, traders and investors get rich.
This joint position launched by 175 civil society organisations from 45 countries calls on world leaders to end OECD export finance for oil and gas, and explains how it can be done.
The new measures allow for an unlimited amount of public finance to flow to Canada's oil and gas sector at the sole discretion of the Minister of Finance.
OECD members have failed to pass a landmark deal to end over $40 billion in public subsidies to fossil fuels.
This report from Oil Change International and Friends of the Earth U.S. shows that since the Paris Agreement was made, G20 countries have used their export credit agencies to provide nearly 12 times more finance to fossil fuels than to...
A new report analyzes how the Inflation Reduction Act fails to reduce fossil fuel production or alleviate impact on environmental justice communities, and that current policies will instead lead to a deadly increase in oil and gas production and exports.
As the deadline for implementing the Glasgow Statement looms, the Swedish export credit agencies, SEK and EKN, have released an updated policy. A previously-released policy aligned Swedfund - the Swedish development finance institution - with the Glasgow Statement. SEK and...
