Tag archives for oil
Climate campaigners demand insurance firms refuse to back the East African Crude Oil Pipeline
Campaigners from the #StopEACOP campaign took their fight to the London Market Conference this week. The conference, hosted by Insurance Insider, saw insurance companies from the UK and across the…
Oil companies securing record profits is bad news for absolutely everyone
Record profits are bad news. Last week BP followed Shell and their French equivalent Total in announcing record billions in profit. This has been driven by massive increases in oil…
‘Stop insuring fossil fuels’ – Extinction Rebellion blockade Lloyds of London HQ
Over 60 Extinction Rebellion activists have blocked the entrances of Lloyd's of London's headquarters, preventing staff from entering the building. Campaigners say they are seeking to close the London based…
Climate activists demand end to oil and gas insurance in advance of Zurich Group’s AGM
The day before Zurich’s Annual General Meeting, Swiss campaign group Campax has denounced Zurich Insurance's climate policy with a stunt with a floating banner. The banner - which reads 'stop…
What the 2021 oil price recovery means for the climate
For those readers who own oil wells, the last decade has probably not been profitable. The last year has been even less kind, Covid bringing home unprecedented demand destruction on…
Is BP really on route to being a net zero firm?
Fossil fuel giant BP last week made three announcements that resulted in downgrading £ off the value of its oil and gas assets - around 20% of its market capitalisation.…
The Oil Economy: A Resource Guide
Oil Rigs. Image credit via Carol Highsmith, rawpixel, Creative Commons. As if the world didn't feel chaotic enough, the oil price went negative. For those interested in how this happened,…
5 explanations of the negative price of oil – and what climate activists can do now
On Monday April 20, reports began to emerge that the price of oil is now negative. Here are five explanations of what this means, and what climate activists can do…
What we’re saying Yes to: Community resiliency and regenerative regrowth
Photo: pixabay user congerdesign. “In the moment of crisis, the wise build bridges and the foolish build dams.” –Nigerian Proverb Climate catastrophes are raking our world across the coals. From…
Thousands march for climate action and against dirty energy
Art Not Oil protest BP's sponsorship of the Tate Britain. Image: Art Not Oil. Thousands of people took to the streets of London today to call for action on climate…