OilWire #31: ‘Net zero’ producers do not exist

May 13, 2021Newsletter

In April, two more jurisdictions joined the growing list taking action to phase out oil and gas production. Spain’s Congress approved a new climate law that bans new licenses for oil and gas exploration and extraction as well as fracking, while California’s Governor announced that his state will end all oil extraction no later than 2045.

OilWire #26: A reality check for oil and gas companies

October 1, 2020Newsletter

New analysis shows that not even one of the eight oil majors even comes close to the minimum baselines for an oil company to have the possibility of being aligned with the Paris Agreement goal to limit warming to 1.5 degrees Celsius (ºC).

OilWire #24: The USD 77 billion per year edition

May 29, 2020Newsletter

As governments begin to unveil trillions of dollars in recovery support and stimulus, now is the time to break old habits – such as the USD 77 Billion in public money that the G20 is still spending annually to finance oil, gas, and coal projects.