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Analysis

U.S. gas prices are over $4 a gallon. These oil CEOs took home over $20M.

Oil and gas CEOs received nearly $45m more in combined total compensation in 2021 compared to 2020 amid a spike in prices.... Read more»

Scientists slam Big Oil’s eco strategy as 'rearranging deck chairs on the Titanic'

The House Oversight and Reform Committee called on the scientific community to testify whether promises from ExxonMobil, Chevron, BP and Shell Oil to get emissions to net zero by 2050 are effective policy or mere pandering as company reps were absent from the hearing.... Read more»

Exxon helped cause the climate crisis — it’s time they owned up

There’s no better time for ExxonMobil and other petroleum giants - who bear as much responsibility as governments do for humanity’s climate predicament, and for finding a way out - to be held accountable than at the Cop26 climate summit in Glasgow in November. ... Read more»

How a powerful U.S. lobby group helps big oil to block climate action

The American Petroleum Institute receives millions from oil companies – and works behinds the scenes in what politicians describe as the trade group’s defining role in setting major obstacles to new climate policies and legislation.... Read more»

The climate crisis is a crime that should be prosecuted

Fossil fuel companies lied for decades about climate change, and humanity is paying the price. Shouldn’t those lies be central to the public narrative?... Read more»1

Big oil & gas may pay price for keeping a dirty secret for decades

Via an unprecedented wave of lawsuits, filed by cities and states across the U.S., America’s petroleum giants face a reckoning for the environmental devastation caused by fossil fuels – and covering up what they knew along the way.... Read more»

Analysis

Big Oil rakes in huge profits, again

It was quite a week for Big Oil. The big five oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Shell—reported their second-quarter 2013 profits last week, which were a combined $19.5 billion. That comes out to $145,000 in profit per minute—more than 88 percent of American households earn in an entire year.... Read more»1

Corporations, pro-biz nonprofits foot bill for judicial seminars

Conservative foundations, multinational oil companies and a prescription drug maker were the most frequent sponsors of more than 100 expense-paid educational seminars attended by federal judges over a 4 1/2-year period, according to a Center for Public Integrity investigation.... Read more»

Analysis

Big Oil's lust for tax loopholes

Oil prices are high and rising at an alarming pace. But even with their cash registers overflowing with dollars from struggling families, Big Oil is mobilizing to defeat President Obama's proposal to invest $4 billion annually in clean energy programs by ending unnecessary tax loopholes... Read more»