Pssst. I’ve got a secret. The oil industry is in it for the money. I know how shocking this must be for many of you. But it’s true. Literally. The duty of Big Oil’s executives to their shareholders is to...
So the Europeans don’t want it. And by delaying the decision on Keystone XL for eighteen months, it looks like Obama and America doesn’t want it either. Despite one of the most aggressive marketing and public relations campaigns ever seen...
To hear some people talk about it, Keystone XL is the answer to many of America’s current woes. It will free America of the scourge of foreign oil dependence, create hundreds of thousands of jobs, weaken the enemies that threaten...
One of Canada’s most senior politicians is back in Europe on yet another lobby tour to try and bully politicians there to ditch their landmark climate legislation as it discriminates against the dirty tar sands.
The U.S. oil industry’s biggest players, including ExxonMobil and the American Petroleum Institute, are calling for an end to the U.S. ban on crude oil exports that has been in place for more than four decades since the 1973 Arab...
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
This morning in Vienna, Iran finally reached a deal on its nuclear programme with the P5+1, the five permanent members of the UN Security Council plus Germany. The deal is big news for energy markets. Iran holds 9% of the world’s oil...
The U.S. Export-Import Bank (USEXIM) is the third-largest supporter of fossil fuels among all G20 countries, according to a new report out today from Oil Change International, Friends of the Earth U.S., and WWF's European Policy Office.
This new briefing shows G20 government institutions were involved in financing 82% of new Liquefied Natural Gas (LNG) export terminal capacity built from 2012-2022, providing at least USD 78 billion in loans, guarantees, and equity investments for new LNG export...
It’s absurd for the UK government to declare a climate emergency while pouring vast sums of taxpayer-backed money into fossil fuel expansion. The Environmental Audit Committee is right to call for serious reform of UK Export Finance.
