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2026

2026

Russia Halts Oil Flow to EU as Belarus Row Escalates

Russia has halted the delivery of oil to Europe via Belarus as the acrimonious row between the two countries escalates, raising fears of oil shortages in at least five countries. Transneft, Russia's state-controlled pipeline operator, said it had been forced...

Basra Fighting Could Disrupt Oil Supplies

The fighting in Basra could soon affect Iraq’s oil supplies. Oil production and exports from Iraq's southern oilfields could be disrupted in three days if workers cannot reach their offices due to fighting in Basra. "If the military operations continue...

Putin: “Era of Cheap Gas” at an End

Oil may be at its lowest level for years, but Russian Prime Minister Vladimir Putin has warned consumers that the "era of cheap gas" is coming to an end. At a meeting to create a new forum of gas exporting...

1/3 of China’s CO2 Emissions “Due to West”

One of the flawed arguments of the Bush Administration was that it could not act unilaterally on reducing CO2 emissions as it would put the American economy at a competitive disadvantage. It therefore could not act until China and India...

The words

Oil Change International Media Advisory – COP29 Day 8

As COP29 enters its second week in Baku, a parallel opportunity for climate finance leadership emerges in Paris, where OECD governments will gather to negotiate an end to $41 billion in annual oil and gas export subsidies.