A managed decline of oil and gas production in California?
Hidden in a detailed California budget document released last week was a critical sentence that, if pursued, could mark a major shift in California climate policy.
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2026
2026
New briefing: Oil and gas industry on brink of major surge in expansion – new drilling plans approved through 2025 could exhaust 17% of the global carbon budget for 1.5°C
The new briefing, titled ”Investing in Disaster”, exposes the countries and companies that have approved the most new oil and gas extraction in 2022, and that could be responsible for major expansion through 2025.
Exxon’s 2050 net zero pledge dismissed as “greenwashing” and “gaslighting”
ExxonMobil is a company that for decades has done more than any other to spread climate denial. But now the climate laggard wants you to believe it is becoming a climate champion.
All Bust, No Boom
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...
Kicking off AGM Season, Eni and Equinor Are Fueling Oil and Gas Expansion, Not Clean Energy Transition
Eni and Equinor are on track to rank as the world’s third and eighth worst upstream oil and gas expanders, respectively, in 2023.
An Early April’s Fool? Statoil Rebrands itself As Equinor
The Norwegian company, Statoil, is proposing to change its name to “Equinor”. The rebranding exercise – or what some may call greenwashing exercise - will cost as much as 250 million kroner or $32 million.
Iraqi Oil Law
Remember when we used to talk about how the war in Iraq was about oil? Remember the banners that read "No blood for oil?" Oil has fallen out of the discussion lately, but it's time to bring it back in...
Chevron Fights Rights Abuse Allegations
Check out this AP article re: Chevron in Ecuador and Nigeria. Quotes from Oil Change, Earthrights, and Amazon Watch. By TERENCE CHEA The Associated Press Sunday, January 1, 2006; 8:32 PM SAN FRANCISCO -- A young boy holds out a...
Japan-hosted G7 Ministers falsely claim they have ended fossil fuel finance, leave door open to gas investments
Today, G7 Climate, Energy and Environment Ministers issued a communique ahead of next month's G7 Leaders Summit that leaves the door open for investments in new capacity and endorses fossil fuel-based technologies promoted by Japan, this year’s G7 host. This...
New report: Korea’s international coal finance will cause up to 27 trillion KRW in health and climate damages annually
A new analysis finds that overseas coal-fired power plants supported by Korea’s public finance institutions could cause as much as 27 trillion KRW (nearly USD 25 billion) in annual damage to people’s health and the climate.