The British oil giant released its "Energy Outlook" on Tuesday forecasting that demand for oil will peak at about 110 million barrels per day between 2035 and 2040 before gradually slowing and plateauing. Consumption is currently around 97 million barrels per day.
By May Boeve
With Trump and fossil fuel executives in the White House, any shot of powerful and lasting protections for our climate and communities will come from our cities and states. That's why it's so troubling that in California, one of the most progressive places in the U.S., current state Attorney General Xavier Becerra is failing to stand up to ExxonMobil and its ilk.
By Andy Rowell
As the oil price recovers to over $65 a barrel last year, so do Shell's fortunes, with reported earnings of nearly $16 billion.
By Andy Rowell
A new expose published Monday reveals how BP, working closely with the British government, has been "side-stepping" sanctions introduced after the Russian annexation of Crimea.
The expose is based on documents, obtained under British Freedom of Information laws, which have been obtained by the campaign organization, Culture Unstained, part of the ArtNotOil Coalition, which campaigns to kick fossil fuel money out of the arts. The campaign group is particularly critical of BP's ongoing sponsorship of the British Museum in the UK.
New York City's iconic Empire State Building glowed green Wednesday night following two "watershed" announcements—that the city would seek to divest its pension funds from fossil fuel investments, and that it filed suit against five oil giants for contributing to climate change.
"The Empire State Building is shining green tonight because it's time to put our planet first. #DivestNY," Democratic Mayor Bill de Blasio tweeted Wednesday.
By Joe Sandler Clarke, Unearthed
BP's plans to drill for oil near a huge coral reef in the mouth of Amazon river have been dealt a further blow after a regulator questioned the company's environmental risk assessment.
Ibama, Brazil's federal environmental agency, rejected an environmental study from the British oil giant, further delaying the company's plans to drill in the region.
San Francisco Becomes First Major U.S. City to Sue Fossil Fuel Industry Over Costs of Climate Change
The two Californian cities join the counties of Marin, San Mateo and San Diego and the city of Imperial Beach that have taken similar legal action in recent months, the San Francisco Chronicle reports.
A growing number of artists and concerned citizens are speaking out against the oil industry's sponsorship of the arts.
The Guardian reported this week that Henry Christian-Slane, the winner of BP's annual Young Artist Award at the National Portrait Gallery in London, donated a portion of his £7,000 prize money to Greenpeace in protest of the multinational oil and gas giant.
By Andy Rowell
Amidst the continued dire warnings about climate change, censored scientists and stranded assets, the oil industry keeps on doing what it does best: keeps on belligerently looking for more oil and gas.
Earlier this week, BP announced it had discovered what it is labelling a "significant new source of U.S. natural gas supply" in New Mexico in the Mancos Shale, just across from the Colorado border.