Release: Shell snubs climate case verdict and continues drilling for more

September 30, 2022By OCI TeamFeatured, News, Press Releases

Despite the ongoing climate crisis, Shell continues to develop new oil and gas assets. Since the Dutch court ruling in May 2021, Shell has made definitive investments in 10 assets, which once burned will result in 325 million metric tonnes of CO2 emissions. Shell also co-owns more than 750 untapped oil and gas assets, which would amount to 4.3 billion metric tonnes of extra CO2 emissions, 30 times more than the total emissions from the Netherlands in 2021.

Report: U.S. crude exports increased nearly 600% from 2015-20, driving 135% increase in Permian oil production

December 1, 2021By OCI TeamFeatured, Press Releases, Stopping Carbon Lock-In 1 Comment

The latest installment reveals that while Permian oil production grew 135% from 2015 to 2020, U.S. oil consumption was stagnant. The spread of pipelines, export terminals, tank farms and petrochemical facilities across the Gulf Coast intensified environmental injustice in the region, and was driven by oil, gas and petrochemical exports, not rising U.S. demand.