oil industry

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10 11 2021 | 14:11

New Zealand students sue energy minister over oil and gas permits decision

Lawsuit is the second major legal challenge to climate policy in New Zealand this year A group of law students have filed a lawsuit at Wellington’s high court against New Zealand’s minister of…

09 11 2021 | 13:56

How EXXONMOBIL Captured COP26

The Government, which is hosting the COP26 UN climate summit in Glasgow, is being formally advised by Texas fossil fuel giant ExxonMobil – one of the world’s biggest funders of climate science denial…

04 11 2021 | 14:20

US oil giants top list of lobby offenders holding back climate action

Report into lobbying tactics names ExxonMobil and Chevron as worst, while carmaker Toyota takes third ExxonMobil and Chevron are the world’s most obstructive organisations when it comes to…

02 11 2021 | 11:31

Fossil fuel messaging has won over Republican voters, poll reveals

New polling data shows two-thirds of Republicans do not want to hold oil and gas companies accountable for the climate crisis Nearly two in three Republicans believe oil and gas companies are at…

02 11 2021 | 11:20

Climate change: Major US oil companies to be quizzed in Congress

Top executives of major Western oil companies are to testify before the US Congress amid accusations that they misled the public about climate change. Democrat lawmakers say the hearings will focus…

01 11 2021 | 12:22

Shell and BP paid zero tax on North Sea gas and oil for three years

Firms defend paying no corporation tax after government handed out billions to energy giants. Shell and BP, which together produce more than 1.7bn tonnes of greenhouse gases a year, have not paid…

25 10 2021 | 15:15

No formal Cop26 role for big oil amid doubts over firms’ net zero plans

Officials from fossil fuel firms may attend fringe events but campaigners hail lack of official role Fossil fuel firms have been given no official role in the Cop26 climate summit, it can be…

23 10 2021 | 09:24

WSJ: ExxonMobil board mulls scrapping Vietnam, Mozambique projects

Exxon Mobil Corp.’s remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy in a fast-changing energy…

18 10 2021 | 09:10

A US small-town mayor sued the oil industry. Then Exxon went after him

The mayor of Imperial Beach, California, says big oil wants him to drop the lawsuit demanding the industry pay for the climate crisis Serge Dedina is a surfer, environmentalist and mayor of…

11 10 2021 | 12:55

Watchdog: European banks beginning to drop oil and gas clients

European banks are beginning to drop clients that pose a climate risk rather than face the possibility of higher capital requirements, according to the watchdog overseeing the development.  Banks…

28 09 2021 | 13:48

Adapt to Survive: Why oil companies must plan for net zero and avoid stranded assets

Committing to net zero is not enough – the emissions reduction pathway is critical. Carbon Tracker’s fifth annual analysis of the risk of investing in oil and gas producers – warns investors that…

24 09 2021 | 14:32

How the Biden administration could create jobs for oil and gas workers

The president has pledged to put people to work plugging abandoned oil and gas wells. An oil or gas well can keep releasing pollution long after it’s retired from use. “When an oil and gas company…

17 09 2021 | 15:19

1600 Oils and Gas Wells Could Close as LA County Votes to End Drilling

Some 1,600 oil and gas drilling sites, many of them still active, may be on track to close after the Los Angeles County Board of Supervisors voted 5-0 Wednesday to end new fossil drilling.

16 09 2021 | 12:52

Lawsuit challenges Biden plan to sell oil and gas leases in Gulf of Mexico

Planet cannot handle more stress from oil and gas production’  Announcement came as Gulf states battered by Hurricane Ida Outrage and at least one lawsuit has followed the Joe Biden administration’…

16 09 2021 | 12:51

Without help for oil-producing countries, net zero by 2050 is a distant dream

To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy  Ali Allawi is deputy prime minister and finance minister of…

03 09 2021 | 14:42

‘Biden may as well personally light more wildfires’: Backlash after White House calls for more oil production

UN’s authoritative climate report, published on Monday, urges drastic emissions cuts which means dialing back rapidly on use of fossil fuels The Biden administration is being slammed by both…

03 09 2021 | 13:28

Cambo oilfield work postponed until next year after activists stage protest

Greenpeace activists in kayaks confront ship preparing construction kit for project. Preparation work for the controversial Cambo oil field project has been postponed after protests from activists…

03 09 2021 | 13:06

‘Abolish these companies, get rid of them’: what would it take to break up big oil?

Communities on the frontline of the climate crisis say radical solutions must be on the table – before it’s too late Ayisha Siddiqa doesn’t want fossil fuel companies to determine her future…

27 08 2021 | 12:22

Santos sued by shareholders over fossil expansion despite claims

A shareholder activist group is taking Australian oil company Santos to court over its claims it produces “clean fuel” and plans to reach net zero emissions by 2040. Papers were filed against Santos…

26 08 2021 | 07:54

Controversial ExxonMobil Guyana project faces potential safety disaster

ExxonMobil’s huge new Guyana project faces charges of a disregard for safety from experts who claim the company has failed to adequately prepare for possible disaster, the Guardian and Floodlight…