Menu Close

Articles on Oil industry

Displaying 1 - 20 of 34 articles

More countries are discouraging fossil fuel use, but the industry is still pumping. Leonard Ortiz/MediaNews Group/Orange County Register via Getty Images

Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be you

A study found $1.4 trillion in oil and gas industry assets would be at risk if governments follow through on their pledges to deal with climate change.
The threat of expensive payouts may already be having an effect. Tom Stoddart/Getty Images

How treaties protecting fossil fuel investors could jeopardize global efforts to save the climate – and cost countries billions

A new study adds up the potential legal and financial risk countries could face from hundreds of agreements, like those under the Energy Charter Treaty.
Most carbon dioxide captured in the U.S. today is used to extract more oil. Citizens of the Planet/Education Images/Universal Images Group via Getty Images

Why the oil industry’s pivot to carbon capture and storage – while it keeps on drilling – isn’t a climate change solution

Most carbon dioxide captured in the U.S. today is used to extract more oil. Two scholars point to another way: biological sequestration.
The oil industry was aware of the risks of climate change decades ago. Barry Lewis/InPictures via Getty Images

What Big Oil knew about climate change, in its own words

Transcripts and internal documents show how the industry shifted from leading research into fossil fuels’ effect on the climate to sowing doubt about science.
Conservative Leader Erin O'Toole holds his first news conference as leader on Parliament Hill in Ottawa in August 2020. THE CANADIAN PRESS/Sean Kilpatrick

The risk of ‘peak oil demand’ for Canada’s Conservatives

Recent industry reports indicate that we may be approaching peak global demand for oil. If that’s the case, the federal Conservatives may need to rethink their electoral strategy.
A satellite image of the oil slick as it looked in late May 2010, a month after the Deepwater Horizon well exploded. The oil plume looks grayish white. NASA/Goddard/Jen Shoemaker and Stu Snodgrass

A decade after the Deepwater Horizon explosion, offshore drilling is still unsafe

The BP Deepwater Horizon blowout on April 20, 2010 triggered the largest offshore oil spill in history. Ten years later, post-spill reforms are being undone and the Gulf of Mexico remains vulnerable.
Pipeline pipes are seen at a Trans Mountain facility near Hope, B.C., on Aug. 22, 2019. Project Reconciliation is an Indigenous-led initiative that seeks to buy a stake in the pipeline. THE CANADIAN PRESS/Jonathan Hayward

Indigenous ownership of the Trans Mountain pipeline would safeguard the environment

Project Reconciliation is a direct response to one of the Truth and Reconciliation Commission’s calls that Indigenous communities ‘gain long-term sustainable benefits from economic development projects.’
A school of juvenile bocaccio in the midwaters of Platform Gilda, Santa Barbara Channel, Calif. Scott Gietler

Retired oil rigs off the California coast could find new lives as artificial reefs

Californians love their coast and strongly oppose offshore drilling. Will they support converting old oil rigs to artificial reefs – a policy that benefits both marine life and oil companies?

Top contributors

More