A key US Congressional committee has voted overwhelmingly to pass a wide-ranging bill that would toughen U.S. sanctions on Iran and on companies that invest in the country. Although the bill, if passed into law, would sanction any investment in...
Top oil exporter Saudi Arabia said today Opec was striving for a “fair and stable” oil price, of around US$60 for US crude. Wary of supposed high fuel stockpiles in the world's biggest fuel consumer the United States, some Opec...
The populist Russian newspaper, Komsomolskaya Pravda, ran the headline yesterday: "Russia takes first place in oil output rankings". The story was based on OPEC figures showing that Russia is now extracting more oil than Saudi Arabia. The figures reflect a...
The UK officially announced a North Sea licensing ban on 26 November, 2025. While it was a hard fought win and a necessary first step, it still has a long way to go. Read the analysis from Oil Change International,...
30 civil society organizations released a statement today urging Japan to stop exploiting the global energy crisis triggered by the US-Israeli war on Iran to push its fossil fuel agenda across Asia Pacific.
The Strait of Hormuz may be reopening, but this crisis has once again exposed fossil fuels as a source of conflict, chaos, volatility and disruption. While communities bear the costs, oil companies profit from the instability. Once renewables are installed,...
Existing analyses of the impacts of tar sands fail to account for a byproduct of the process that is a major source of climate change causing carbon emissions: petroleum coke - known as petcoke. Petcoke is the coal hiding in...
Big banks’ business as usual is killing the climate. From 2014 to 2016, big banks around the world poured $290 billion into extreme fossil fuel companies and failed to respect human rights.
Each year, G20 countries provide nearly four times more public finance to fossil fuels than to clean energy. In total, public fossil fuel financing from G20 countries averaged some $71.8 billion per year, for a total of $215.3 billion in...
This report aims to provide a picture of the public finance flowing to energy infrastructure in Africa from fiscal years 2014 through 2016. It covers development finance institutions including multilateral development banks, as well as the national development banks and...
