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...
As Donald Trump prepares to take office as the 47th president, fossil fuel executives are expecting a return on the $75 million they spent to elect him. Trump's Day One executive orders represent a full-scale attack on climate progress and...
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
With the health and livelihoods of billions at risk from COVID-19, governments around the world are preparing historic levels of stimulus finance. Building a Just Recovery that avoids the worst of climate change means overhauling our public finance institutions fast.
In a dramatic turn of events, it looks like all bust and no more boom for the Alberta tar sands, according to our recent analysis based on industry data. In reality, future rates of production will likely be insufficient to...
An analysis of oil spilled in the transportation process by Oil Change International using data from the Pipeline and Hazardous Materials Safety Administration Office reveals that the number of spills from crude by rail increased by almost 10 times from...
Over the past decade, nearly 90% of the U.S. Export-Import Bank's total finance for energy projects has flowed to projects in oil, gas, and coal. As momentum grows for climate solutions in the U.S. and abroad, there is an urgent...
Canada does not need new pipelines, in spite of repeated misleading claims by the oil industry. That’s the conclusion of a new Oil Change International (OCI) analysis showing that Canada has ample pipeline Capacity to export all existing and under...
Credendo's new policy is meant to implement the Glasgow commitment to end international public finance for fossil fuels by the end of 2022, but it leaves loopholes for existing oil and gas fields and gas-fired power.
Rather than match the international policy, today’s announcement leaves the door open indefinitely to domestic public finance for oil and gas, only committing to “announce by fall 2024 the implementation plan” to phase out these flows.
